---
schema_version: "secwatch.filing_event.v1"
accession: "0001273685-23-000004"
form_type: "8-K"
ticker: "ADAM"
cik: "0001273685"
company_name: "ADAMAS TRUST, INC."
filed_at: "2023-01-03T23:59:59+00:00"
generated_at: "2026-06-20T20:44:42.500469+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Steven R. Mumma ends executive officer role; remains as Chair of Board

## Summary
- Steven R. Mumma's employee/executive officer role ended Dec 31, 2022, in accordance with his employment agreement and prior succession plan.
- He continues as Chair of the Board, now as a non-employee director.
- As non-employee Chair, he will receive compensation similar to independent directors as per the 2022 proxy.
- The leadership transition was pre-announced by the Company in November 2021.

## SEC filing metadata
- accession: 0001273685-23-000004
- form_type: 8-K
- ticker: ADAM
- cik: 0001273685
- company_name: ADAMAS TRUST, INC.
- filed_at: 2023-01-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1273685/000127368523000004/0001273685-23-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1273685/000127368523000004/nymt-20221231.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001273685-23-000004
- JSON: https://secwatch.observer/filing/0001273685-23-000004.json
- Plain text: https://secwatch.observer/filing/0001273685-23-000004.txt

## Key facts
- Executive change
  Steven R. Mumma changed role as Chair of the Board of Directors at ADAMAS TRUST, INC..
  - Action: role change
  - Role: Chair of the Board of Directors
  source text: Mr. Mumma, who most recently served as Executive Chairman of the Company, will continue to serve as Chair of the Board of Directors (the “Board”) of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1273685/000127368523000004/0001273685-23-000004-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.