ADAM · Adamas Trust, Inc. · Executive Compensation

$7.81 +0.08 (+1.03%) At close · Oct 23

S&P 600 member Russell 2000 member Rebalance outlook locked

Market Cap

$701.96M

89.88M

Volume · Oct 23 860.33K Avg daily vol (3M) 1.01M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Jason T. Serrano	Chief Executive Officer	$920,000	—	$4,102,962	—	$2,992,500	$159,790	$8,175,252
Jason Serrano	Chief Executive Officer	$920,000	—	$4,102,962	—	$2,992,500	$159,790	$8,175,252
Nicholas Mah	President	$720,000	—	$2,370,030	—	$2,341,957	$107,906	$5,539,893
Kristine R. Nario-Eng	Chief Financial Officer and Secretary	$550,000	—	$1,168,026	—	$1,073,397	$47,301	$2,838,724

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Jason T. Serrano	Chief Executive Officer	$875,000	—	$1,911,662	—	$957,031	$161,604	$3,905,297
Jason Serrano	Chief Executive Officer	$875,000	—	$1,911,662	—	$957,031	$161,604	$3,905,297
Nicholas Mah	President	$685,000	—	$1,496,564	—	$749,219	$103,575	$3,034,358
Kristine R. Nario-Eng	Chief Financial Officer and Secretary	$525,000	—	$573,498	—	$310,078	$50,606	$1,459,182

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Jason T. Serrano	Chief Executive Officer	$875,000	—	$3,112,565	—	$1,093,750	$565,339	$5,646,654
Jason Serrano	Chief Executive Officer	$875,000	—	$3,112,565	—	$1,093,750	$565,339	$5,646,654
Nicholas Mah	President	$625,000	—	$2,223,263	—	$781,250	$371,888	$4,001,401
Kristine R. Nario-Eng	Chief Financial Officer and Secretary	$500,000	—	$889,302	—	$337,500	$199,781	$1,926,583
Nathan R. Reese	Former Chief Operating Officer and Secretary	$233,333	—	—	—	—	$760,322	$993,655

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Jason Serrano	Chief Executive Officer	$825,000	$500,000	$2,397,554	—	$742,500	$305,277	$4,770,331
Jason T. Serrano	Chief Executive Officer	$825,000	$500,000	$2,397,554	—	$742,500	$305,277	$4,770,331
Kristine R. Nario-Eng	Chief Financial Officer and Secretary	$450,000	$240,250	$747,550	—	$253,125	$98,530	$1,789,455
Steven R. Mumma	Executive Chairman	$600,000	—	$60,000	—	$540,000	$429,012	$1,629,012
Nathan R. Reese	Former Chief Operating Officer and Secretary	$400,000	—	$615,548	—	$112,500	$71,790	$1,199,838

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Steven R. Mumma	Executive Chairman	$900,000	—	$3,169,451	—	$1,169,730	$144,871	$5,384,052
Jason Serrano	Chief Executive Officer	$750,000	—	$2,641,212	—	$974,775	$168,288	$4,534,275
Jason T. Serrano	Chief Executive Officer	$750,000	—	$2,641,212	—	$974,775	$168,288	$4,534,275
Kristine R. Nario-Eng	Chief Financial Officer and Secretary	$450,000	—	$943,345	—	$482,962	$29,960	$1,906,267
Nathan R. Reese	Former Chief Operating Officer and Secretary	$400,000	—	$757,277	—	$385,550	$18,663	$1,561,490

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Steven R. Mumma	Executive Chairman	$900,000	—	$2,511,426	—	$810,000	$99,448	$4,320,874
Jason Serrano	Chief Executive Officer and President	$750,000	—	$2,092,860	—	$675,000	$96,965	$3,614,825
Jason T. Serrano	Chief Executive Officer and President	$750,000	—	$2,092,860	—	$675,000	$96,965	$3,614,825
Kristine R. Nario-Eng	Chief Financial Officer	$450,000	—	$784,824	—	$253,125	$14,349	$1,502,298
Nathan R. Reese	Former Chief Operating Officer and Secretary	$400,000	—	$572,623	—	$225,000	$15,454	$1,213,077

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Jason Serrano	President	$738,865	—	$3,374,470	—	$937,500	$97,087	$5,147,922
Jason T. Serrano	President	$738,865	—	$3,374,470	—	$937,500	$97,087	$5,147,922
Steven R. Mumma	Chief Executive Officer	$900,000	—	$2,777,717	—	$1,125,000	$166,153	$4,968,870
Nathan R. Reese	Chief Operating Officer and Secretary	$400,000	—	$514,857	—	$350,000	$24,150	$1,289,007
Kristine R. Nario-Eng	Chief Financial Officer	$400,000	—	$514,857	—	$350,000	$20,337	$1,285,194

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Steven R. Mumma	Chief Executive Officer	$800,000	—	$1,618,687	—	$728,000	$199,041	$3,345,728
Nathan R. Reese	Chief Operating Officer and Secretary	$400,000	—	$347,672	—	$267,000	$24,038	$1,038,710
Kristine R. Nario-Eng	Chief Financial Officer	$400,000	—	$341,172	—	$247,500	$18,777	$1,007,449

Fiscal 2017

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Steven R. Mumma	Chief Executive Officer	$800,000	—	$417,984	—	$939,328	$246,659	$2,403,971
Nathan R. Reese	Chief Operating Officer and Secretary	$350,000	—	$84,920	—	$254,759	$22,143	$711,822
Kristine R. Nario-Eng	Chief Financial Officer	$325,000	—	$72,977	—	$218,930	$16,335	$633,242

Executive changes

Person	Role	Change	Effective	Filed
Jason T. Serrano	director	Appointed	2026-06-11	2026-06-11
Lisa A. Pendergast	director	Appointed	2026-06-11	2026-06-11
Steven G. Norcutt	director	Appointed	2026-06-11	2026-06-11
Steven R. Mumma	director	Appointed	2026-06-11	2026-06-11
Audrey E. Greenberg	director	Appointed	2026-06-11	2026-06-11
Michael B. Clement	director	Appointed	2026-06-11	2026-06-11
Eugenia R. Cheng	director	Appointed	2026-06-11	2026-06-11
Nathan R. Reese	Chief Operating Officer and Secretary	Resigned	2023-04-26	2023-04-26
Nicholas Mah	President	Appointed	2023-01-01	2022-12-14

Leadership

Jason Serrano CEO
Jason T. Serrano CEO, Board Member
Steven R. Mumma Chairman, CFO, Board Member
Kristine Nario-Eng CFO
Kristine R. Nario-Eng CFO
Alan L. Hainey Board Member
Audrey E. Greenberg Board Member
David R. Bock Board Member
Eugenia R. Cheng Board Member
Lisa A. Pendergast Board Member
Michael B. Clement Board Member
Steven G. Norcutt Board Member

Key facts CIK 1273685 CUSIP 649604840 13F (30d) 34 filings 34 filers Visit website Investor relations