{"schema_version":"secwatch.filing_event.v1","accession":"0001273685-22-000111","form_type":"8-K","ticker":"ADAM","cik":"0001273685","company_name":"ADAMAS TRUST, INC.","filed_at":"2022-12-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.962486+00:00","generated_at":"2026-06-21T04:36:54.900365+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"New York Mortgage Trust appoints Nicholas Mah as President effective Jan 1, 2023; Serrano remains CEO","bullets":["Nicholas Mah, formerly Managing Director, appointed President effective Jan 1, 2023; Jason Serrano remains CEO.","Employment agreement with two-year term (through Dec 31, 2024), automatic renewal, base salary $625,000.","Mah eligible for annual short-term incentive bonuses and long-term equity awards under 2017 Equity Incentive Plan.","Severance: for termination without cause or for good reason, 1.5x (base salary + avg bonus), COBRA 18 months, equity acceleration.","Mah subject to one-year non-compete and non-solicitation covenants."],"urls":{"canonical":"https://secwatch.observer/filing/0001273685-22-000111","json":"https://secwatch.observer/filing/0001273685-22-000111.json","markdown":"https://secwatch.observer/filing/0001273685-22-000111.md","text":"https://secwatch.observer/filing/0001273685-22-000111.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1273685/000127368522000111/0001273685-22-000111-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1273685/000127368522000111/nymt-20221212.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T04:36:54.900365+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"871313c9e4","claim":"Nicholas Mah was appointed as President at ADAMAS TRUST, INC..","evidence_excerpt":"appointed Nicholas Mah, who presently serves as a Managing Director of the Company, as President of the Company, effective on January 1, 2023","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1273685/000127368522000111/0001273685-22-000111-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President"}],"fact_type":"executive_change"},{"claim_id":"99ce39d620","claim":"Jason T. Serrano changed role as President at ADAMAS TRUST, INC..","evidence_excerpt":"Jason T. Serrano, the Company’s current Chief Executive Officer and President, will relinquish his role as President but will continue in his role of Chief Executive Officer of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1273685/000127368522000111/0001273685-22-000111-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"relinquished"},{"label":"Role","value":"President"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}