Adamas Trust: Pay

Adamas Trust paid its 3 named executives $16.6M in total in FY2025 (Dec). CEO Jason T. Serrano was paid $8.2M of that.

Pay$100 in the stock at the end of FY20 → $76
CEO pay is from each proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Pay of each named executive

Jason T. SerranoChief Executive Officer
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
Nicholas MahPresident
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
3 years
Kristine R. Nario-EngChief Financial Officer and Secretary
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years

CEO pay against the pay peers

In FY2025 (Dec), the median CEO pay of the 6 peers with pay on file was $9.4M. CEO pay of Adamas Trust for that year is not on file.

  1. 1Walker & Dunlop
  2. 2PennyMac Financial Services
  3. 3Arbor Realty Trust
  4. 4Mfa Financial
  5. 5Redwood Trust
  6. 6BrightSpire Capital
  7. 7Adamas TrustNot disclosed
  8. 8Chimera InvestmentNot disclosed
  9. 9Dynex CapitalNot disclosed
  10. 10Hannon Armstrong Sustainable Infrastructure Capital, Inc.Not disclosed
  11. 11Ladder CapitalNot disclosed
  12. 12Two Harbors Investment Corp.Not disclosed

Pay of each named executive comes from the Summary Compensation Table of each proxy statement. Realized pay adds the value of options used and stock that vested. CEO pay of each peer comes from its own Pay versus Performance table.