ADAM

#2537
Adamas Trust, Inc. - Common Stock
9.6 7 USD
0.00%
Market Price
Sektor: Immobilien
Basis: USD
Gewinnwährung: USD
Tagesspanne
9.64
9.70
Jahresspanne
6.44
10.35
Tagesänderung
-0.31%
Monatliche Änderung
+1.04%
6 month change
+17.35%
Jahresänderung
+31.03%
Vorheriger Schlusskurs
9.7 0
Open
9.6 6
Tief
9.6 4
Hoch
9.7 0
Volumen
41
Vollständige Grafik anzeigen

Financials

Übersicht Finanzbericht Statistik Dividenden Documents

2026

Current report, Q3 FY2026
ADAMAS TRUST, INC. current report, Q3 FY2026
8-K
Current report, Q3 FY2026
ADAMAS TRUST, INC. current report, Q3 FY2026
8-K
Current report, Q3 FY2026
ADAMAS TRUST, INC. current report, Q3 FY2026
8-K
Current report, Q3 FY2026
ADAMAS TRUST, INC. current report, Q3 FY2026
8-K
Quarterly report, Q2 FY2026
ADAMAS TRUST, INC. quarterly report, Q2 FY2026
10-Q
Current report, Q2 FY2026
ADAMAS TRUST, INC. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
ADAMAS TRUST, INC. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
ADAMAS TRUST, INC. current report, Q2 FY2026
8-K
Quarterly report, Q1 FY2026
ADAMAS TRUST, INC. quarterly report, Q1 FY2026
10-Q
Current report, Q1 FY2026
ADAMAS TRUST, INC. current report, Q1 FY2026
8-K

ADAMAS TRUST, INC. current report, 16 November 2021

Full document

Business Context and Reporting Period

This Form 8-K is a current report filed by New York Mortgage Trust, Inc. (Note: The request metadata references "ADAMAS TRUST, INC.", but the filing text identifies the registrant as New York Mortgage Trust, Inc.) on November 16, 2021. The report details significant changes to the company's executive leadership structure effective January 1, 2022.

Key Financial Metrics

This filing is a corporate governance report and does not contain financial performance data. There are no disclosures regarding revenue, profit, cash flow, margins, debt, or liquidity in this document.

Material Changes

The primary material change reported is the restructuring of the company's top executive roles:

  • Jason T. Serrano has been appointed President and Chief Executive Officer (CEO), effective January 1, 2022. He currently serves as President and has been a Board member since March 2019.
  • Steven R. Mumma, the current CEO and Chairman, will transition to the role of Executive Chairman, effective January 1, 2022.
  • Mr. Mumma's term as Executive Chairman is set to expire on December 31, 2022, subject to extension.
  • Mr. Serrano's initial term as CEO is two years.

Outlook, Risks, and Management Commentary

Management Roles: As Executive Chairman, Mr. Mumma will oversee corporate, investment, risk management, and capital management strategies while assisting Mr. Serrano in his transition to CEO. Mr. Mumma is expected to devote substantially all of his working time to the company.

Forward-Looking Statements: The filing includes a standard cautionary statement noting that forward-looking statements involve risks and uncertainties. Actual results may differ due to factors such as changes in market conditions and economic trends. The company undertakes no obligation to update these statements.

Risks: Specific risks are referenced as being detailed in the company's Annual Report on Form 10-K filed on February 26, 2021, and subsequent reports.

Investor Verification Checklist

  • Verify the exact effective date of the leadership transition (January 1, 2022).
  • Review the terms of the employment agreements for Mr. Serrano and Mr. Mumma, specifically regarding the expiration of Mr. Mumma's Executive Chairman role in 2022.
  • Examine the company's most recent Form 10-K or 10-Q for financial performance data, as this 8-K contains none.
  • Assess the strategic implications of Mr. Mumma shifting from CEO to Executive Chairman on the company's investment and risk management strategies.