Form 4: Adamas Trust President Sells Shares for Tax

Adamas Trust, Inc. President Nicholas Mah disposed of 2,237 shares of common stock to cover tax liabilities related to restricted stock vesting.

Summary

• Nicholas Mah, President of Adamas Trust, Inc., reported a transaction involving company common stock.
• On January 27, 2026, Mah disposed of 2,237 shares of common stock.
• The shares were surrendered at a price of $8.41 per share to satisfy tax obligations.
• This transaction was incident to the vesting of restricted stock issued under the company's 2017 Equity Incentive Plan.
• Following this transaction, Mah beneficially owns 251,456 shares of common stock directly.

Sentiment

Score: 5

Explanation: Neutral. This is a routine insider transaction for tax purposes, not indicative of positive or negative company performance or outlook.

Future Outlook

N/A. This filing reports a past transaction and does not provide forward-looking statements or guidance.

Industry Context

N/A. This is an insider transaction report specific to an individual's equity holdings and tax obligations, not a broader industry trend.

Stakeholder Impact

• Shareholders: Minor dilution from the shares being surrendered, but primarily a routine tax event for an executive.
• Employees: No direct impact on employees.

Key Dates

Keywords

Adamas Trust, ADAM, Nicholas Mah, Insider Transaction, Form 4, Stock Sale, Tax Liability, Restricted Stock, Equity Incentive Plan