secwatch.observer — SEC 8-K summary
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Issuer:     ADAMAS TRUST, INC. (ADAM)
CIK:        0001273685
Form:       8-K
Filed at:   2023-01-03T23:59:59+00:00
Accession:  0001273685-23-000004
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1273685/000127368523000004/0001273685-23-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1273685/000127368523000004/nymt-20221231.htm
  HTML page:      https://secwatch.observer/filing/0001273685-23-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer