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.