Adamas Trust elects seven directors, approves 9 million added plan shares and $0.27 dividend
At its June 11, 2026 annual meeting, Adamas Trust stockholders elected all seven director nominees, approved an advisory say-on-pay vote and a third amendment adding 9,000,000 shares to its 2017 Equity Incentive Plan, and ratified Grant Thornton LLP as auditor. The same day the board declared a $0.27 per share quarterly common dividend payable July 28, 2026, plus preferred dividends for the period ending July 14, 2026. The filing reports no financial results, so the dividend and the expanded equity plan are the main items for shareholders.
Key points
- Common stock dividend of $0.27 per share, record date June 23, 2026, payable July 28, 2026
- Stockholders approved the Third Amendment, adding 9,000,000 shares to the 2017 Equity Incentive Plan and raising the non-employee director annual compensation limit to $750,000
- All seven directors elected; Steven R. Mumma reappointed Chairman and Lisa A. Pendergast reappointed Lead Independent Director
- Board adopted a Deferred Compensation Plan allowing deferral of up to 80% of base salary
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:07 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 11, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.