Mah Nicholas 4
4 · ADAMAS TRUST, INC. · Filed Jan 28, 2026
Research Summary
AI-generated summary of this filing
Adamas Trust (ADAM) President Nicholas Mah Surrenders 2,237 Shares for Taxes
What Happened Nicholas Mah, President of Adamas Trust, surrendered 2,237 shares on January 27, 2026 at $8.41 per share (total value ~$18,813). The filing shows these shares were surrendered to satisfy tax liabilities tied to the vesting of restricted stock granted under the company's 2017 Equity Incentive Plan. This was a tax-withholding transaction, not an open-market sale.
Key Details
- Date and price: 2026-01-27 — 2,237 shares at $8.41 each, total $18,813
- Shares owned after transaction: Not disclosed in the filing
- Footnote: F1 — shares surrendered to satisfy tax liability incident to vesting of restricted stock under Adamas Trust, Inc.’s 2017 Equity Incentive Plan (as amended)
- Filing timeliness: Report filed 2026-01-28 (appears timely; reported the next day)
Context This was a routine tax-withholding/covering transaction (transaction code F) associated with restricted stock vesting. Such surrenders are administrative and do not necessarily signal the insider’s view on the company’s prospects; purchases tend to be more informative about insider sentiment.
Insider Transaction Report
- Tax Payment
Common Stock, par value $0.01 per share
[F1]2026-01-27$8.41/sh−2,237$18,813→ 251,456 total
Footnotes (1)
- [F1]Surrendered to satisfy tax liability incident to the vesting of shares of restricted stock issued pursuant to Adamas Trust, Inc.'s 2017 Equity Incentive Plan (as amended).