Nicholas Mah - 22 Jan 2026 Form 4 Insider Report for ADAMAS TRUST, INC. (ADAM)

Reporting relationship: President
Issuer ticker: ADAM
Reported as of: 22 Jan 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 26 Jan 2026, 17:11:08 UTC
Prior SEC filing: 02 Jan 2026
Next SEC filing: 28 Jan 2026
Source filing: View source filing
Reporting owner signature: /s/ Kristine R. Nario-Eng, as attorney-in-fact

Key filing fact

Nicholas Mah filed Form 4 for ADAMAS TRUST, INC. (ADAM) on 26 Jan 2026.

Key facts

This page summarizes Nicholas Mah's Form 4 filing for ADAMAS TRUST, INC. (ADAM).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 26 Jan 2026, 17:11.

Change

Previous filing in this sequence was filed on 02 Jan 2026.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001960129 Primary reporting owner

Mah Nicholas

Relationship: President
Address: C/O ADAMAS TRUST, INC., 90 PARK AVENUE, NEW YORK
Signature: /s/ Kristine R. Nario-Eng, as attorney-in-fact
Signature date: 26 Jan 2026

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ADAM transaction Derivative

Restricted Stock Units

Award

Transaction value: $0
Shares: +127,321
Change %: +98%
Price: $0.000000
Shares after: 257,337
Date: 22 Jan 2026
Ownership: Direct
Underlying class: Common Stock, par value $0.01 per share
Underlying amount: 127,321
Exercise price: $0.000000
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

Represents restricted stock units ("RSUs") issued pursuant to Adamas Trust, Inc.'s ("Adamas") 2017 Equity Incentive Plan (as amended) under Adamas's 2026 Long-Term Equity Plan, 1/3 of which will become fully vested and non-forfeitable on each of January 1, 2027, January 1, 2028 and January 1, 2029. Pursuant to a restricted stock unit award agreement (the "RSU Award Agreement"), the RSUs represent the right to receive shares of common stock of Adamas on a one-to-one basis upon vesting, subject to the terms and conditions of the RSU Award Agreement, and are granted in tandem with a corresponding dividend equivalent right that entitles, upon vesting, the Reporting Person to receive payments in cash or stock of Adamas equivalent to any dividends paid by Adamas on the shares of Adamas common stock underlying the RSUs.