---
schema_version: "secwatch.filing_event.v1"
accession: "0001273685-23-000053"
form_type: "8-K"
ticker: "ADAM"
cik: "0001273685"
company_name: "ADAMAS TRUST, INC."
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T11:55:52.418242+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# COO and Secretary Nathan R. Reese resigns effective immediately; will stay as consultant through July 31, 2023

## Summary
- Nathan R. Reese resigns as COO and Secretary effective immediately, not due to any disagreement.
- Reese will remain as consultant through July 31, 2023, to assist transition of duties.
- Separation agreement includes continued base salary and benefits through July 31 and a $700,000 cash payment.
- COBRA insurance premiums for Reese and dependents paid through December 31, 2023.
- No successor named; Reese's departure is not due to conflict or disagreement with company.

## SEC filing metadata
- accession: 0001273685-23-000053
- form_type: 8-K
- ticker: ADAM
- cik: 0001273685
- company_name: ADAMAS TRUST, INC.
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1273685/000127368523000053/0001273685-23-000053-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1273685/000127368523000053/nymt-20230426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001273685-23-000053
- JSON: https://secwatch.observer/filing/0001273685-23-000053.json
- Plain text: https://secwatch.observer/filing/0001273685-23-000053.txt

## Key facts
- Executive change
  Nathan R. Reese resigned as Chief Operating Officer and Secretary at ADAMAS TRUST, INC..
  - Action: resigned
  - Role: Chief Operating Officer and Secretary
  source text: Nathan R. Reese, the Company’s Chief Operating Officer (“COO”) and Secretary, notified the Company that he was resigning as COO and Secretary of the Company to pursue other opportunities, with his resignation from those roles effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1273685/000127368523000053/0001273685-23-000053-index.htm

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