Nario-Eng Kristine Rimando 4

What Happened
Kristine Rimando, Chief Financial Officer of Adamas Trust, Inc. (ADAM), received an award of 61,989 restricted stock units (RSUs) on 2026-01-22. The RSUs were granted at $0.00 (no cash purchase) and are derivative awards that convert into one share of common stock per RSU upon vesting. This is an equity grant (award), not a purchase or sale.

Key Details

• Transaction date: 2026-01-22; reported on Form 4 filed 2026-01-26. Filing appears after the typical 2-business-day reporting window for Form 4s.
• Amount: 61,989 RSUs; grant price reported as $0.00 (derivative award).
• Vesting: 1/3 vests on each of January 1, 2027, January 1, 2028 and January 1, 2029 (per footnote).
• Dividend equivalent: RSUs include a corresponding dividend equivalent right, payable in cash or stock upon vesting.
• Shares owned after transaction: Not specified in the information provided in this summary.
• Transaction code: A = Award/Grant (derivative).

Context
RSUs are a form of long-term compensation that convert to actual shares only as they vest; they don’t represent immediately tradeable shares. Grants are common for employee retention and align compensation with company performance, but they are not the same as an open-market purchase (which some investors view as a stronger bullish signal).