ADAM Insider Trading

Adamas Trust, Inc. (ADAM) operates in the Real Estate sector, specifically the REIT - Mortgage industry, with a market capitalization near $674.0M, listed on NASDAQ, employing roughly 221 people, carrying a beta of 1.30 to the broader market. Adamas Trust, Inc. Led by Jason Thomas Serrano, public since 2025-09-03.

In the last 12 months, Adamas Trust, Inc. insiders made 0 buy transactions and 0 sale transactions.

DateNameTypeSharesPriceValue
Jun 23, 2026Norcutt Steven GA-Award14,238$0.00$0
Jun 23, 2026Greenberg AudreyA-Award14,238$0.00$0
Jun 23, 2026Pendergast Lisa AA-Award14,238$0.00$0
Jun 23, 2026Clement Michael B.A-Award14,238$0.00$0
Jun 23, 2026Cheng GenaA-Award14,238$0.00$0
Jun 23, 2026Mumma Steven RA-Award14,238$0.00$0
Jun 12, 2026Clement Michael B.M-Exempt18,678$0.00$0
Jun 12, 2026Clement Michael B.M-Exempt18,678$0.00$0
Jan 28, 2026Serrano Jason TF-InKind5,827$8.41$49.0K
Jan 28, 2026Nario-Eng Kristine RimandoF-InKind751$8.41$6.3K

ADAM Insider Activity by Quarter

Reported Form 4 and Form 5 lines under ADAM's own SEC company ID, by transaction date, back to Q4 2024. Purchases and sales are code P / S (open market or private) in the company's shares; other lines are purchases and sales of other securities (options, warrants, preferred), awards, exercises, tax withholding, gifts and other acquisitions and dispositions. Later filings and amendments can change the current quarter. Earlier quarters are not shown: the filings read reach back to Oct 5, 2009, and a quarter counts only when every filing for it was read. 13 lines filed under another SEC company ID are not counted.

QuarterPurchasesBoughtSalesSoldOther Lines
Q4 2026 (so far)0N/A0N/A0
Q3 20260N/A0N/A0
Q2 20260N/A0N/A8
Q1 20260N/A0N/A33
Q4 20250N/A0N/A0
Q3 20250N/A0N/A0
Q2 20250N/A0N/A0
Q1 20250N/A0N/A0
Q4 20240N/A0N/A0

Filings Under Another SEC Company ID

13 filing lines on file were filed under an SEC company ID (CIK) other than ADAM's (1273685). Such a filing can be a predecessor company's (one that reorganized, redomiciled or converted files under a new CIK), a former holder of the ADAM ticker's, or another company's that ADAM or its insiders report holding; the CIK alone does not say which. They are not counted in the figures above.

CIKLinesDatesSecurities
86365013Sep 16, 2009 to Nov 4, 2009COMMON STOCK, Common Stock

ADAM Institutional Ownership (13F)

As of Jun 30, 2026 (Q2 2026), 206 institutions reported holding 48,750,884 ADAM shares, valued at $457.8M as reported, 53.3% of its market cap (market cap of Jun 26, 2026). The market cap on file for ADAM is about the same figure as for ADAMH, another security of the same company (the same issuer number and name on file), so that percentage is likely over the company's whole market cap. That is +20 institutions from the quarter before. Among managers whose reports for both quarters are comparable, 41 opened a position, 18 closed one, 68 added and 57 trimmed.

Top Holders, Q2 2026

ManagerSharesValueChange
BlackRock, Inc.13,631,398$127.9M+358,817
VANGUARD CAPITAL MANAGEMENT LLC3,646,199$34.2M-141,246
STATE STREET CORP3,458,825$33.4M+113,489
Invesco Ltd.3,162,727$29.7M-7,318
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.2,610,594$24.5M+46,694
GEODE CAPITAL MANAGEMENT, LLC2,277,233$21.4M+37,533
Allspring Global Investments Holdings, LLC2,164,125$20.1M-703,489
VANGUARD PORTFOLIO MANAGEMENT LLC1,738,555$16.3M+89,311
CHARLES SCHWAB INVESTMENT MANAGEMENT INC1,460,835$13.7M-172,169
NORTHERN TRUST CORP1,149,187$10.8M+157,054

By Quarter

QuarterInstitutionsSharesValue
Q2 202620648,750,884$457.8M
Q1 202618647,896,634$353.2M
Q4 202518349,164,455$360.9M
Q3 202517048,745,691$340.5M
Q2 202517249,983,041$335.8M
Q1 202517349,171,791$319.8M
Q4 202416851,519,508$313.1M
Q3 202415750,902,631$321.4M
Q2 202415952,586,592$307.8M

From the SEC's Form 13F data sets: investment managers with $100 million or more in Section 13(f) securities report their holdings each quarter, up to 45 days after it ends; a restated filing replaces the original, and values are as the managers reported them (a position whose price runs about 1,000 times below other managers', from a manager whose positions mostly do, is read as reported in thousands of dollars). The same shares can be reported by more than one manager, so totals can count some twice.

ETFs Holding ADAM

FundWeight of ADAMShares (as reported)Value (as reported)Source updated
IJR iShares Core S&P Small-Cap ETF0.04%4,996,502$37.4MOct 8, 2026
IWM iShares Russell 2000 ETF0.02%2,248,019$16.8MOct 8, 2026
SDIV Global X - SuperDividend ETF0.99%1,503,735$11.6MOct 7, 2026
KBWD Invesco KBW High Dividend Yield Financial ETF2.75%1,287,924$9.6MOct 8, 2026
REM iShares Mortgage Real Estate ETF2.08%1,261,200$9.4MOct 8, 2026
MORT VanEck Mortgage REIT Income ETF2.57%1,056,262$8.2MOct 8, 2026
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF0.04%773,697$5.9MOct 8, 2026
XSVM Invesco S&P SmallCap Value with Momentum ETF0.83%646,501$4.8MOct 8, 2026
XSMO Invesco S&P SmallCap Momentum ETF0.13%503,653$3.8MOct 8, 2026
SLYG State Street SPDR S&P 600 Small Cap Growth ETF0.08%490,748$3.7MOct 8, 2026
SCHA Schwab U.S. Small-Cap ETF0.02%435,763$3.3MOct 8, 2026
FNDA Schwab Fundamental U.S. Small Company Index ETF0.03%382,426$3.0MOct 7, 2026
FDM First Trust Dow Jones Select MicroCap Index Fund1.05%364,192$2.7MOct 8, 2026
FESM Fidelity Enhanced Small Cap ETF0.03%286,833$2.1MOct 8, 2026
RZG Invesco S&P SmallCap 600 Revenue ETF1.25%198,340$1.5MOct 8, 2026

From each fund's latest holdings file on record that shows ADAM's listed security itself. A file counts when its line count is consistent with the fund's reported holdings count (at most twice it plus 10, or at most 1,000 lines for a reported count of exactly 10, which the data source gives many funds as a cap), read with that file or inherited from the fund's last classified file (within 20% of its line count, read within 60 days). Funds whose line for the company could not be confirmed as ADAM's listed security, or that hold it through underlying funds (look-through), are not listed. Only long positions count: a fund is left out when any of its lines for ADAM reports a negative weight, share count or value, or none of them above zero (a short position, or figures that disagree). Shares, value and weight are as reported in each fund's file, dated by the data source's last update of that file (not the date of the positions); the weight is ADAM's share of that fund.

How to Read ADAM Insider Activity

Net insider activity is balanced over the trailing twelve months: 0 buys against 0 sales. Balanced activity typically reflects routine compensation-related vesting and tax-driven liquidity rather than directional information signals. The transaction table above includes the filer's reporting name, transaction type, share count, per-share price, and total dollar value where computable. For options traders, insider activity is one input to event-driven sizing alongside earnings calendar, analyst-rating cluster moves, and the implied-vol surface. Form 4 filings (the dominant Section 16 reporting form) must be submitted within two business days of the transaction; clusters of buys across multiple insiders within a short window are the strongest informational pattern. SEC EDGAR carries the underlying source filings for verification and additional historical depth.

Learn how insider trading is reported and how to read the data →

Frequently asked ADAM insider trading questions

How active are ADAM insiders right now?
Over the trailing twelve months, Adamas Trust, Inc. (ADAM) insiders made 0 buy transactions and 0 sale transactions. Net insider activity over the trailing twelve months is balanced (0 buys, 0 sales). The transaction list above shows the most recent filings; each entry includes the insider's name, transaction type, share count, and per-share price.
What counts as an insider transaction?
Section 16 of the Securities Exchange Act requires officers, directors, and 10% beneficial-owner shareholders to disclose changes in their holdings via Form 3 (initial statement), Form 4 (subsequent transactions, filed within two business days), and Form 5 (annual catch-up). Insider transactions cover open-market purchases and sales, exercise of stock options, gifts, and grants. The "transaction type" field on each row distinguishes these subcategories.
Are ADAM insider buys a bullish signal?
Insider purchases (Type P, made on the open market or privately; the code covers both) carry more informational weight than insider sales: an insider must commit personal capital, and the SEC scrutinizes purchases under Rule 10b5-1 for material non-public information. Sales, by contrast, are often driven by liquidity, tax planning, or pre-scheduled 10b5-1 trading plans rather than negative information. Cluster buying (multiple insiders buying within a short window) is a stronger signal than isolated buys.
How do ADAM insider transactions affect options pricing?
Insider transaction data does not directly drive implied volatility, but Form 4 disclosures can move single-name IV if the size or timing is unusual (e.g. a large CEO buy ahead of an earnings window). Options markets price the marginal informational content; routine transactions under pre-scheduled plans are typically ignored. For event-driven options sizing, pair the insider transaction history with the upcoming earnings calendar.