Nicholas Mah compensation by year
ADAMAS TRUST Summary Compensation Table · all 3 fiscal years held| Component | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Salary | $625,000 | $685,000 | $720,000 |
| Bonus | $0 | $0 | $0 |
| Stock awards | $2,223,263 | $1,496,564 | $2,370,030 |
| Option awards | $0 | $0 | $0 |
| Non-equity incentive | $781,250 | $749,219 | $2,341,957 |
| Pension and deferred compensation | $0 | $0 | $0 |
| All other | $371,888 | $103,575 | $107,906 |
| Total | $4,001,401 | $3,034,358 | $5,539,893 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: ADAMAS TRUST, INC. DEF 14A filed April 24, 2026, accession 0001273685-26-000038, and prior-year filings. Open the filing on EDGAR.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| PSU | 364,812 | $2,663,128 | — |
| RSU | 239,545 | $1,748,679 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in ADAMAS TRUST, INC.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.
Change-in-control & termination
estimated payments ADAMAS TRUST discloses, by trigger · FY2025| Trigger | Cash severance | Accelerated equity | Benefits continuation | Total as disclosed |
|---|---|---|---|---|
| Involuntary termination without cause | $4,481,500 | $4,411,807 | $40,556 | $8,933,863 |
| Disability | $720,000 | $4,411,807 | $40,556 | $5,172,363 |
| Death | $720,000 | $4,411,807 | $24,902 | $6,956,709 |
| Change in control, no termination | $0 | $0 | $0 | $0 |
Per the Potential Payments Upon Termination or Change in Control table in ADAMAS TRUST, INC.'s FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.
ADAMAS TRUST’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Jason Serrano | Chief Executive Officer | $8,175,252 |
| Nicholas Mah · this page | President | $5,539,893 |
| Kristine Nario-Eng | Chief Financial Officer and Secretary | $2,838,724 |
The full ADAMAS TRUST compensation record
free company briefThis page is one person within ADAMAS TRUST's record. The company brief lists every named executive, each linking to their own page.
Compensation, the day it’s disclosed
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How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are ADAMAS TRUST's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
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