[Form 4] ADMA Biologics, Inc. Insider Trading Activity

Rhea-AI Filing Summary

ADMA Biologics (ADMA) President and CEO Adam S. Grossman reported multiple transactions on June 16, 2025, executed under a pre-established Rule 10b5-1 trading plan from December 2024. The transactions included:

• Exercise of stock options for 15,000 shares at $5.40 per share
• Sale of 21,000 total shares at $20.81 per share
• Post-transaction direct ownership of 2,043,850 shares
• Indirect ownership of 1,143,426 shares through Areth LLC and 580,957 shares through Hariden LLC

Grossman maintains significant equity positions including unvested RSUs totaling over 1 million shares granted between 2022-2025, vesting quarterly over four years. He also holds 810,950 stock options granted February 2024 at $5.40/share, vesting through February 2028. The transactions demonstrate a routine exercise-and-sell pattern while maintaining substantial long-term ownership.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Grossman Adam S

(Last) (First) (Middle)

C/O ADMA BIOLOGICS, INC.

465 STATE ROUTE 17

(Street)

RAMSEY NJ 07446

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ADMA BIOLOGICS, INC. [ ADMA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
06/16/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/16/2025		M		15,000(1)	A	$5.4	2,064,850	D
Common Stock	06/16/2025		S		15,000(1)	D	$20.81(2)	2,049,850	D
Common Stock	06/16/2025		S		6,000(1)	D	$20.81(2)	2,043,850(3)(4)(5)	D
Common Stock								1,143,426	I	See Footnote(6)
Common Stock								580,957	I	See Footnote(7)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	$5.4	06/16/2025		M			15,000(1)	(8)	02/26/2034	Common Stock	15,000	$0	810,950	D

Explanation of Responses:

1. Transaction was effected pursuant to a Rule 10b5-1 trading plan entered into between the reporting person and Fidelity Brokerage Services LLC on December 5, 2024, as previously disclosed by the issuer.

2. The price reported in Column 4 is the price at which the shares were sold.

3. Includes, as of the transaction date, (i) 252,022 unvested RSUs granted on February 19, 2025, vesting quarterly on each annual anniversary of the date of grant over four years, subject to the reporting person's continued service as of the applicable vesting date and that will be settled into common stock upon vesting; (ii) 418,296 unvested RSUs granted on February 26, 2024, vesting quarterly on each annual anniversary of the date of grant over four years, subject to the reporting person's continued service as of the applicable vesting date and that will be settled into common stock upon vesting;

4. (continued from footnote 3) (iii) 286,848 unvested RSUs granted on March 6, 2023 that will vest quarterly on each annual anniversary of the date of grant, over four years, subject to the reporting person's continued service as of the applicable vesting date and that will be settled into common stock upon vesting;

5. (continued from footnote 4) (iv) 75,000 unvested RSUs granted on March 7, 2022 that will vest quarterly on each annual anniversary of the date of grant, over four years, subject to the reporting person's continued service as of the applicable vesting date and that will be settled into common stock upon vesting; and (v) 1,011,684 shares of common stock owned by the reporting person, which reflects prior purchases and the prior net settlement upon vesting of previously granted RSUs after the withholding of shares to cover applicable taxes.

6. These shares are owned by Areth, LLC ("Areth"). The reporting person is a control person of Areth.

7. These shares are owned by Hariden, LLC ("Hariden"). The reporting person is the managing member of Hariden.

8. The option was granted on February 26, 2024 and vests over four years with 25% of the shares of common stock underlying the option (i.e., 217,737 shares) vesting on February 26, 2025, the one-year anniversary of the date of grant, and the remaining 75% of such shares vesting monthly in equal installments over the next three years, becoming fully vested on February 26, 2028.

	/s/ Adam S. Grossman, by Michael A. Goldstein as Attorney-in-fact	06/18/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What insider transactions did ADMA's CEO Adam Grossman report on June 16, 2025?

On June 16, 2025, ADMA's CEO Adam Grossman exercised 15,000 stock options at $5.40 per share and subsequently sold 21,000 shares total (15,000 + 6,000) at $20.81 per share. These transactions were executed pursuant to a Rule 10b5-1 trading plan established on December 5, 2024.

How many ADMA shares does CEO Adam Grossman own directly after the reported transactions?

After the reported transactions, CEO Adam Grossman directly owns 2,043,850 shares, which includes unvested RSUs and common stock. Additionally, he indirectly owns 1,143,426 shares through Areth LLC and 580,957 shares through Hariden LLC.

What is the vesting schedule for ADMA CEO's recent stock option grant?

The stock option granted on February 26, 2024, vests over four years with 25% (217,737 shares) vesting on February 26, 2025, and the remaining 75% vesting monthly in equal installments over the next three years, becoming fully vested on February 26, 2028.

How many unvested RSUs does ADMA's CEO currently hold?

The CEO holds several RSU grants totaling 1,032,166 unvested units: 252,022 RSUs granted February 2025, 418,296 RSUs from February 2024, 286,848 RSUs from March 2023, and 75,000 RSUs from March 2022. All RSUs vest quarterly over four years from their grant dates.

What was the sale price of ADMA shares in the CEO's recent transaction?

CEO Adam Grossman sold shares at a price of $20.81 per share on June 16, 2025, representing a significant premium to the $5.40 exercise price of his options.