Kristine R. Nario-Eng - 01 Jan 2026 Form 4 Insider Report for ADAMAS TRUST, INC. (NYMT)

Role
Chief Financial Officer
Signature
/s/ Kristine R. Nario-Eng
Issuer symbol
NYMT
Transactions as of
01 Jan 2026
Net transactions value
-$192,881
Form type
4
Filing time
02 Jan 2026, 18:19:32 UTC
Previous filing
24 Jan 2025
Next filing
26 Jan 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Nario-Eng Kristine Rimando Chief Financial Officer C/O ADAMAS TRUST, INC., 90 PARK AVENUE, NEW YORK /s/ Kristine R. Nario-Eng 02 Jan 2026 0001608612

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADAM Common Stock, par value $0.01 per share Options Exercise $0 +9,765 +7.1% $0.000000 147,287 01 Jan 2026 Direct F1, F2
transaction ADAM Common Stock, par value $0.01 per share Tax liability $42,114 -5,769 -3.9% $7.30 141,518 01 Jan 2026 Direct F3
transaction ADAM Common Stock, par value $0.01 per share Options Exercise $0 +12,309 +8.7% $0.000000 153,827 01 Jan 2026 Direct F2, F4
transaction ADAM Common Stock, par value $0.01 per share Tax liability $53,370 -7,311 -4.8% $7.30 146,516 01 Jan 2026 Direct F5
transaction ADAM Common Stock, par value $0.01 per share Options Exercise $0 +24,123 +16% $0.000000 170,639 01 Jan 2026 Direct F2, F6
transaction ADAM Common Stock, par value $0.01 per share Tax liability $97,397 -13,342 -7.8% $7.30 157,297 01 Jan 2026 Direct F7

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ADAM Restricted Stock Units Options Exercise $0 -9,765 -9.1% $0.000000 96,986 01 Jan 2026 Common Stock, par value $0.01 per share 9,765 $0.000000 Direct F2, F8
transaction ADAM Restricted Stock Units Options Exercise $0 -12,309 -13% $0.000000 84,677 01 Jan 2026 Common Stock, par value $0.01 per share 12,309 $0.000000 Direct F2, F9
transaction ADAM Restricted Stock Units Options Exercise $0 -24,123 -28% $0.000000 60,554 01 Jan 2026 Common Stock, par value $0.01 per share 24,123 $0.000000 Direct F2, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares acquired pursuant to the settlement of restricted stock units ("RSUs") granted to the Reporting Person in April 2023.
F2 Each RSU is the economic equivalent of one share of common stock of Adamas Trust, Inc. ("Adamas"). Each RSU was settled in one share of common stock of Adamas.
F3 Surrendered to satisfy tax liability incident to the settlement of RSUs described in Note 1 above.
F4 Shares acquired pursuant to the settlement of RSUs granted to the Reporting Person in April 2024.
F5 Surrendered to satisfy tax liability incident to the settlement of RSUs described in Note 4 above.
F6 Shares acquired pursuant to the settlement of RSUs granted to the Reporting Person in January 2025.
F7 Surrendered to satisfy tax liability incident to the settlement of RSUs described in Note 6 above.
F8 On April 25, 2023, the Reporting Person was granted 29,297 RSUs, vesting in three equal annual installments beginning on January 1, 2024.
F9 On April 10, 2024, the Reporting Person was granted 36,928 RSUs, vesting in three equal annual installments beginning on January 1, 2025.
F10 On January 23, 2025, the Reporting Person was granted 72,368 RSUs, vesting in three equal annual installments beginning on January 1, 2026.