Serrano Jason T 4
4 · ADAMAS TRUST, INC. · Filed Jan 2, 2026
Insider Transaction Report
Form 4
Serrano Jason T
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Common Stock, par value $0.01 per share
2026-01-01+34,179→ 355,007 total - Tax Payment
Common Stock, par value $0.01 per share
2026-01-01$7.30/sh−19,140$139,722→ 335,867 total - Exercise/Conversion
Common Stock, par value $0.01 per share
2026-01-01+41,032→ 376,899 total - Tax Payment
Common Stock, par value $0.01 per share
2026-01-01$7.30/sh−21,455$156,622→ 355,444 total - Exercise/Conversion
Common Stock, par value $0.01 per share
2026-01-01+84,737→ 440,181 total - Tax Payment
Common Stock, par value $0.01 per share
2026-01-01$7.30/sh−44,640$325,872→ 395,541 total - Exercise/Conversion
Restricted Stock Units
2026-01-01−34,179→ 336,274 totalExercise: $0.00→ Common Stock, par value $0.01 per share (34,179 underlying) - Exercise/Conversion
Restricted Stock Units
2026-01-01−41,032→ 295,242 totalExercise: $0.00→ Common Stock, par value $0.01 per share (41,032 underlying) - Exercise/Conversion
Restricted Stock Units
2026-01-01−84,737→ 210,505 totalExercise: $0.00→ Common Stock, par value $0.01 per share (84,737 underlying)
Footnotes (10)
- [F1]Shares acquired pursuant to the settlement of restricted stock units ("RSUs") granted to the Reporting Person in April 2023.
- [F10]On January 23, 2025, the Reporting Person was granted 254,211 RSUs, vesting in three equal annual installments beginning on January 1, 2026.
- [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 102,539 RSUs, vesting in three equal annual installments beginning on January 1, 2024.
- [F9]On April 10, 2024, the Reporting Person was granted 123,095 RSUs, vesting in three equal annual installments beginning on January 1, 2025.