Adamas Trust, Inc. filings document the disclosure record of a Maryland corporation taxed as a real estate investment trust for federal income tax purposes. Its 8-K filings report financial results, dividend declarations, residential finance activity, senior note transactions, and other material events tied to its internally managed real estate and capital markets platform.
The company’s SEC record also covers proxy governance and executive compensation matters through definitive proxy statements. Capital-structure disclosures identify Nasdaq-listed common stock, Series D, E, F and G cumulative redeemable preferred stock, and multiple senior note classes, including notes due 2029, 2030 and 2031.
Adamas Trust, Inc. president Mah Nicholas reported a routine tax-related share surrender. On 01/27/2026, 2,237 shares of common stock at $8.41 per share were surrendered to cover tax liabilities arising from the vesting of restricted stock under Adamas Trust, Inc.'s 2017 Equity Incentive Plan (as amended). After this transaction, Nicholas directly held 251,456 common shares.
Adamas Trust, Inc. reported that Chief Financial Officer Kristine R. Nario-Eng received an equity award of 61,989 restricted stock units (RSUs) on January 22, 2026 under the company’s 2017 Equity Incentive Plan and 2026 Long-Term Equity Plan. The RSUs were granted at a price of $0 as a form of stock-based compensation and will vest in three equal installments, with one-third becoming fully vested and non-forfeitable on each of January 1, 2027, January 1, 2028, and January 1, 2029. Upon vesting, each RSU entitles her to receive one share of Adamas common stock, along with dividend equivalent rights that provide cash or stock payments equal to any dividends paid on the underlying shares. Following this grant, she beneficially owns 122,543 derivative securities in the form of RSUs held directly.
Adamas Trust, Inc. reported that its President, Nicholas Mah, received a grant of restricted stock units on January 22, 2026 under the company’s equity incentive plans. The award covers 127,321 restricted stock units at an exercise price of $0, which will convert into an equal number of common shares as they vest.
According to the award terms, one-third of the units will vest and become non‑forfeitable on each of January 1, 2027, January 1, 2028 and January 1, 2029, subject to the conditions in the RSU agreement. The grant also includes dividend equivalent rights, allowing Mah to receive cash or stock payments equal to any dividends paid on the underlying common shares once the RSUs vest. After this grant, he beneficially owns 257,337 derivative securities in the form of RSUs held directly.
Adamas Trust, Inc. reported that Chief Executive Officer and director Jason T. Serrano received an award of 216,711 restricted stock units (RSUs) on January 22, 2026 under the company’s equity incentive plans. These RSUs vest in three equal installments, with one‑third becoming fully vested and non‑forfeitable on each of January 1, 2027, January 1, 2028, and January 1, 2029. Each RSU represents the right to receive one share of Adamas common stock upon vesting, at an exercise price of $0, subject to the award agreement’s terms and conditions. The grant also includes dividend equivalent rights that, upon vesting, entitle Serrano to cash or stock payments equal to any dividends paid on the underlying common shares. Following this award, he beneficially owns 427,216 derivative securities in the form of RSUs, held directly.
Adamas Trust, Inc. issued and sold $90 million aggregate principal amount of its 9.250% Senior Notes due 2031 in a public offering under an existing shelf registration. The notes were priced at 100% of principal, pay cash interest quarterly beginning April 1, 2026, and are expected to mature on April 1, 2031, with the company able to redeem them on or after April 1, 2028 at par plus accrued interest. Net proceeds are expected to be about $86.6 million, which the company plans to use for general corporate purposes, including acquiring targeted assets and/or repaying existing debt. The notes are senior unsecured obligations ranking equally with Adamas Trust’s other unsecured senior notes and are governed by an existing indenture and a fifth supplemental indenture that include customary events of default.
Adamas Trust, Inc. is offering $90,000,000 principal amount of 9.250% Senior Notes due 2031. The notes pay a fixed 9.250% annual coupon, with interest paid quarterly starting April 1, 2026, and mature on April 1, 2031. Adamas may redeem them at par on or after April 1, 2028, plus accrued interest, and must offer to repurchase them at 101% of principal if a defined Change of Control Repurchase Event occurs.
The notes are senior unsecured obligations ranking equally with the company’s existing unsecured notes and behind secured and subsidiary-level debt. The public offering price is $25 per note, generating approximately $87.2 million in gross proceeds and about $86.6 million in net proceeds, which Adamas intends to use for general corporate purposes, including acquiring targeted assets and/or repaying existing indebtedness. An additional $13.5 million principal amount may be sold through an over-allotment option. The company has applied to list the notes on Nasdaq under the symbol “ADAMO.”
Adamas Trust, Inc. disclosed that its Board of Directors has declared a regular quarterly cash dividend on the company’s common stock for the quarter ending December 31, 2025. The Board also declared cash dividends on the company’s 8.00% Series D, 7.875% Series E, 6.875% Series F and 7.000% Series G preferred stock for the dividend period from October 15, 2025 through January 14, 2026. These dividend actions were announced in a press release dated December 11, 2025, which is attached as an exhibit.
Adamas Trust, Inc. reported stronger results for the quarter ended September 30, 2025, driven by growth in interest income and investment gains. Interest income rose to $160.6 million, lifting net interest income to $36.6 million from $20.2 million a year earlier. Other income was supported by $54.9 million of unrealized gains, partly offset by losses on derivatives and realized losses on securities.
Net income attributable to the company increased to $44.8 million for the quarter and $95.5 million for the first nine months of 2025, compared with a loss in the prior-year period. Common stockholders earned $0.36 per share in the quarter and $0.66 year-to-date, while the company paid $36.0 million of preferred dividends over nine months. Total assets expanded to $12.4 billion, led by a larger Agency RMBS portfolio and residential loans, funded mainly through repurchase agreements, collateralized debt obligations and senior notes.
Adamas Trust, Inc. (ADAM) furnished its Q3 2025 results materials. The company announced financial results for the three and nine months ended September 30, 2025 via a press release furnished as Exhibit 99.1 and posted supplemental financial information as Exhibit 99.2 on its website’s Events & Presentations section. The materials are furnished, not filed, and are not subject to Section 18 liability, except as specifically incorporated by reference. Item 7.01 incorporates the earnings disclosure by reference.
Adamas Trust, Inc. announced that its Board of Directors declared a regular quarterly cash dividend on the company’s common stock and also declared cash dividends on its 8.00% Series D, 7.875% Series E, 6.875% Series F and 7.000% Series G preferred stock for the dividend period beginning July 15, 2025 and ending October 14, 2025. The announcement was made via a press release and a copy is attached to the Current Report as Exhibit 99.1 and incorporated by reference.