NARIO-ENG KRISTINE RIMANDO (Chief Financial Officer) exercised options at ADAMAS TRUST, INC.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 3 exercises

NARIO-ENG KRISTINE RIMANDO

Filed: 1/2/2025ACC: 0001273685-25-000006

InsiderNARIO-ENG KRISTINE RIMANDOCIK 1608612

→

IssuerADAMAS TRUST, INC.CIK 1273685

Officer· Chief Financial Officer

Since Feb 2019

-14.99K

Net shares

Net seller

$90.9K

Total sold

Open market trades

0B · 0S

Total transactions

26.28K acquired · 41.27K disposed

Non-Derivative Transactions6

Common Stock, par value $0.01 per share

Direct

M · Option Exercise

+4.20K

Price / share

—

Trade value

—

% of position

3.3%

1/1/2025

126.24K→130.44K

Common Stock, par value $0.01 per share

Direct

F · Tax Withholding

−2.20K

Price / share

$6.06

Trade value

$13.36K

% of position

1.7%

1/1/2025

130.44K→128.24K

Common Stock, par value $0.01 per share

Direct

M · Option Exercise

+9.77K

Price / share

—

Trade value

—

% of position

7.6%

1/1/2025

128.24K→138K

Common Stock, par value $0.01 per share

Direct

F · Tax Withholding

−5.66K

Price / share

$6.06

Trade value

$34.28K

% of position

4.1%

1/1/2025

138K→132.34K

Common Stock, par value $0.01 per share

Direct

M · Option Exercise

+12.31K

Price / share

—

Trade value

—

% of position

9.3%

1/1/2025

132.34K→144.66K

Common Stock, par value $0.01 per share

Direct

F · Tax Withholding

−7.13K

Price / share

$6.06

Trade value

$43.23K

% of position

4.9%

1/1/2025

144.66K→137.52K

Total

Net shares

+11.28K

Net value

-$90.86K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock, par value $0.01 per share Direct	1/1/2025	M · Option Exercise	+4.20K	—	—	3.3%	126.24K	130.44K
Common Stock, par value $0.01 per share Direct	1/1/2025	F · Tax Withholding	−2.20K	$6.06	$13.36K	1.7%	130.44K	128.24K
Common Stock, par value $0.01 per share Direct	1/1/2025	M · Option Exercise	+9.77K	—	—	7.6%	128.24K	138K
Common Stock, par value $0.01 per share Direct	1/1/2025	F · Tax Withholding	−5.66K	$6.06	$34.28K	4.1%	138K	132.34K
Common Stock, par value $0.01 per share Direct	1/1/2025	M · Option Exercise	+12.31K	—	—	9.3%	132.34K	144.66K
Common Stock, par value $0.01 per share Direct	1/1/2025	F · Tax Withholding	−7.13K	$6.06	$43.23K	4.9%	144.66K	137.52K
Total			+11.28K		-$90.86K

Derivative Transactions3

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock, par value $0.01 per share

4.20K shares

−4.20K

Strike price

Held after

56.46K

Exercisable

—

1/1/2025

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock, par value $0.01 per share

9.77K shares

−9.77K

Strike price

Held after

46.69K

Exercisable

—

1/1/2025

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock, par value $0.01 per share

12.31K shares

−12.31K

Strike price

Held after

34.38K

Exercisable

—

1/1/2025

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Units Direct	Common Stock, par value $0.01 per share4.20K shares	1/1/2025	M · Option Exercise	−4.20K	—	56.46K
Restricted Stock Units Direct	Common Stock, par value $0.01 per share9.77K shares	1/1/2025	M · Option Exercise	−9.77K	—	46.69K
Restricted Stock Units Direct	Common Stock, par value $0.01 per share12.31K shares	1/1/2025	M · Option Exercise	−12.31K	—	34.38K