← United States · Coverage record
US · SEC FORM 4
ADAMAS TRUST, INC.
ADAM · Nasdaq · CIK 0001273685 · Real Estate · REIT—Mortgage
INSIDER SIGNAL
0 qualifying P purchase groups
in the current 180-day scoring window
1 Form 4 transaction lines observed in the same window
0 sales · 1 option, withholding, award, gift or other lines
WHY NO ACTIVE SIGNAL?
Score anatomy
No score is calculated because there is no qualifying purchase in the active window. Unavailable inputs are not treated as zero or as a bearish signal.
Why is there no score?
- No qualifying open-market purchase supplies cluster, size, role, recency or conviction inputs.
- Sales and other Form 4 activity remain visible as context and do not create a negative score.
Sales and other Form 4 activity are shown separately and do not create a negative buy signal. Absence of buying is not scored as bearish.
Insider activity timeline
Owner lanes show the latest 180 days. Symbol shape identifies the transaction type; sales remain context only.
—
Purchase breadth, concentration & cluster buying
These modules activate when qualifying purchases enter the 180-day research window.
SIGNAL HISTORY
Scores are archived only when the company qualifies for a published US buy-signal snapshot. Last qualifying purchase: 2020-03-13 · Reese Nathan R.
Recent Form 4 activity
P is an open-market or private purchase. S is a sale. M, F, A and G usually describe exercises, tax withholding, awards and gifts. These categories remain visually separate.
Market context
Market context provides additional background on recent price performance and risk. It does not affect the Insider Signal.
Price performance
- 1M
- -20.4%
- 3M
- -15.4%
- 6M
- +3.8%
- 12M
- +11.6%
Volatility & liquidity
- Volatility
- 33.0%
- Beta
- 1.30
- Avg daily value
- USD 7.5M
Valuation
- Market cap
- USD 693.9M
- P/E
- 4.6×
Fundamentals
- Profit margin
- 53.0%
- ROE
- 10.4%
- Industry
- REIT—Mortgage
Market data
Price data up to: 2026-10-05 · Price source: OpenBB/yfinance · From SEC filings: ROE · Fiscal year ended: 2025-12-31 · From Yahoo Finance: Market cap, P/E, Profit margin · Status: PASS
Short interest
Short interest is external context reported to FINRA by broker-dealers. It does not affect the Insider Signal.
- Shares short
- 2,205,277
- Previous report
- 3,176,986
- Avg daily volume
- 1,565,758
- Days to cover
- 1.4
FINRA settlement date: 2026-09-30 · Captured 2026-10-12 · FINRA equity short interest ↗. A share count, published about a week after each of two settlement dates a month; not a percentage of shares outstanding.
Historical equity purchases
Qualifying code P transactions in the local Form 4 history, including purchases outside the current signal window.
| Transaction date | Reporting owner | Type | Security | Shares | Avg. price | Approx. value | Source |
|---|---|---|---|---|---|---|---|
| 2020-03-13 | Serrano Jason T | Purchase (P) | Common Stock, par value $0.01 per share | 60,000 | USD 3.91 | USD 234,761 | SEC filing ↗ |
| 2020-03-13 | Reese Nathan R | Purchase (P) | Common Stock, par value $0.01 per share | 5,000 | USD 4.22 | USD 21,100 | SEC filing ↗ |
| 2020-03-13 | Norcutt Steven G | Purchase (P) | Common Stock, par value $0.01 per share | 6,100 | USD 4.09 | USD 24,949 | SEC filing ↗ |
| 2020-03-13 | Nario-Eng Kristine Rimando | Purchase (P) | Common Stock, par value $0.01 per share | 7,500 | USD 4.00 | USD 30,000 | SEC filing ↗ |
| 2020-03-13 | Mumma Steven R | Purchase (P) | Common Stock, par value $0.01 per share | 32,000 | USD 4.02 | USD 128,640 | SEC filing ↗ |
| 2020-03-11 | Nario-Eng Kristine Rimando | Purchase (P) | Common Stock, par value $0.01 per share | 11,000 | USD 5.40 | USD 59,400 | SEC filing ↗ |
| 2020-03-10 | Mumma Steven R | Purchase (P) | Common Stock, par value $0.01 per share | 50,000 | USD 5.46 | USD 272,995 | SEC filing ↗ |
Form 4 evidence
22 transaction lines in the latest 365-day window; 210 in local history.
| Date | Owner | Type | Security | Shares | Avg. price | Approx. value | Source |
|---|---|---|---|---|---|---|---|
| 2026-06-10 | Clement Michael B. | Option exercise / conversion (M) | Common Stock, par value $0.01 per share | 18,678 | USD — | USD — | SEC filing ↗ |
| 2026-01-27 | Serrano Jason T | Tax withholding (F) | Common Stock, par value $0.01 per share | 5,827 | USD 8.41 | USD 49,005 | SEC filing ↗ |
| 2026-01-27 | Nario-Eng Kristine Rimando | Tax withholding (F) | Common Stock, par value $0.01 per share | 751 | USD 8.41 | USD 6,316 | SEC filing ↗ |
Show recent Form 4 evidence (10 grouped rows)
| Date | Owner | Type | Security | Shares | Avg. price | Approx. value | Source |
|---|---|---|---|---|---|---|---|
| 2026-06-10 | Clement Michael B. | Option exercise / conversion (M) | Common Stock, par value $0.01 per share | 18,678 | USD — | USD — | SEC filing ↗ |
| 2026-01-27 | Serrano Jason T | Tax withholding (F) | Common Stock, par value $0.01 per share | 5,827 | USD 8.41 | USD 49,005 | SEC filing ↗ |
| 2026-01-27 | Nario-Eng Kristine Rimando | Tax withholding (F) | Common Stock, par value $0.01 per share | 751 | USD 8.41 | USD 6,316 | SEC filing ↗ |
| 2026-01-27 | Mah Nicholas | Tax withholding (F) | Common Stock, par value $0.01 per share | 2,237 | USD 8.41 | USD 18,813 | SEC filing ↗ |
| 2026-01-01 | Serrano Jason T | Option exercise / conversion (M) | Common Stock, par value $0.01 per share | 159,948 | USD 0.00 | USD 0 | SEC filing ↗ |
| 2026-01-01 | Serrano Jason T | Tax withholding (F) | Common Stock, par value $0.01 per share | 85,235 | USD 7.30 | USD 622,216 | SEC filing ↗ |
| 2026-01-01 | Nario-Eng Kristine Rimando | Option exercise / conversion (M) | Common Stock, par value $0.01 per share | 46,197 | USD 0.00 | USD 0 | SEC filing ↗ |
| 2026-01-01 | Nario-Eng Kristine Rimando | Tax withholding (F) | Common Stock, par value $0.01 per share | 26,422 | USD 7.30 | USD 192,881 | SEC filing ↗ |
| 2026-01-01 | Mah Nicholas | Option exercise / conversion (M) | Common Stock, par value $0.01 per share | 105,484 | USD 0.00 | USD 0 | SEC filing ↗ |
| 2026-01-01 | Mah Nicholas | Tax withholding (F) | Common Stock, par value $0.01 per share | 58,798 | USD 7.30 | USD 429,225 | SEC filing ↗ |
Multiple price lines in one filing are grouped and share-weighted. Price and value are blank when a grouped filing line lacks price evidence.
Snapshot & identity
| Snapshot date | 2026-10-18 |
|---|---|
| Ranking version | US-v1.2 |
| Data quality | PASS ELIGIBLE · — |
| Ticker | ADAM |
| CIK | 0001273685 |
| Sector | Real Estate |
| Industry | REIT—Mortgage Yahoo Finance |
| SEC SIC | 6798 Real Estate Investment Trusts |
| Exchange | Nasdaq |
Data coverage
| Local Form 4 history | 210 transaction lines from 2020-02-04 to 2026-06-10 10 P purchase lines · 0 S sale lines · 200 other lines |
|---|---|
| SEC company submissions | Open SEC filings ↗ |
Local ledger as of 2026-10-18. Mapping status is an audit field and does not erase SEC filing evidence.