New York Mortgage Trust (NYMT) CEO Serrano acquired 87,532 shares

Insider transactions reported

Jason T Serrano (Chief Executive Officer at New York Mortgage Trust Inc., NYMT) reported that they acquired 87,532 shares, and gave up 44,487 shares at $6.06 to cover taxes or an exercise price on Jan 1, 2025. After these transactions the filing shows 332,669 shares held directly.

Reporting person

Serrano Jason T

Role

Chief Executive Officer

Options and other derivatives

Holdings before and after

• Common Stock, par value $0.01 per share: 289,624 to 332,669 direct
• Restricted Stock Units: 203,774 to 116,242 direct

Footnotes from the filing

1. 1. Shares acquired pursuant to the settlement of restricted stock units ( RSUs ) granted to the Reporting Person in January 2022.
2. 2. Each RSU is the economic equivalent of one share of common stock of New York Mortgage Trust ( NYMT ). Each RSU was settled in one share of common stock of NYMT.
3. 3. On March 9, 2023, NYMT effected a one-for-four reverse stock split of its common stock. The amount of securities reported has been adjusted to reflect the reverse stock split.
4. 4. Surrendered to satisfy tax liability incident to the settlement of RSUs described in Note 1 above.
5. 5. Shares acquired pursuant to the settlement of RSUs granted to the Reporting Person in April 2023.
6. 9. On January 27, 2022, the Reporting Person was granted 36,962 RSUs, vesting in three equal annual installments beginning on January 1, 2023.
7. 10. On April 25, 2023, the Reporting Person was granted 102,539 RSUs, vesting in three equal annual installments beginning on January 1, 2024.

Transaction codes in this filing

Exercise or conversion of a derivative:

Code M marks the exercise or conversion of an option or other derivative under an exempt plan.

Shares withheld for taxes or exercise price:

Code F marks shares handed back or withheld to pay taxes or an exercise price. No sale happens in the market.

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