ADGM's three largest insider shareholders as of May 14, 2026 are Advisors Llc Perceptive (Director, 9.68Mn shares), Todd Usen (Chief Executive Officer, 207.31K shares), Deborah Kaster (Chief Financial Officer, 15.00K shares).
| Holder | Position | Shares (Direct) | Shares (Indirect) | Report Date |
|---|---|---|---|---|
| Advisors Llc Perceptive | - | 9,675,684 | 0 | 14 Feb, 2025 |
| Todd Usen | Chief Executive Officer | 207,315 | 0 | 15 Dec, 2025 |
| Deborah Kaster | Chief Financial Officer | 15,000 | 0 | 18 Dec, 2025 |
| Hakon Bergheim | Chief Operating Officer | 7,539 | 0 | 02 Aug, 2024 |
* Please note that the shares above only reflect shares from the fund portfolio and the institutional portfolio. Shares from the personal portfolio are excluded from this Institutional Ownership Page. See these insiders' latest transactions here on Insider Page.
| Transaction Date | Insider Name | Security Class | Transaction Type | Shares Traded | Price | Shares Remaining | Ownership | Code |
|---|---|---|---|---|---|---|---|---|
| 06 Mar, 2026 | Todd Usen | Employee Stock Options (Right to Buy) | A | 800,000 | $0.00 | 800,000 | D | A |
| 06 Mar, 2026 | Deborah Kaster | Employee Stock Options (Right to Buy) | A | 490,500 | $0.00 | 490,500 | D | A |
| 16 Dec, 2025 | Deborah Kaster | Common Stock | A | 15,000 | $1.20 | 15,000 | D | P |
| 12 Dec, 2025 | Todd Usen | Common Stock | A | 207,315 | $1.09 | 207,315 | D | P |
| 11 Dec, 2025 | Sean Salmon | Non-qualified stock option (right to buy) | A | 90,000 | $0.00 | 90,000 | D | A |
| 20 Oct, 2025 | Advisors Llc Perceptive | Tranche A Warrant (Common Warrant right to buy) | A | 1,344,999 | $0.18 | 1,344,999 | I | P |
| 20 Oct, 2025 | Advisors Llc Perceptive | Tranche B Warrant (Common Warrant right to buy) | A | 1,344,999 | $0.18 | 1,344,999 | I | P |
| 20 Oct, 2025 | Advisors Llc Perceptive | Tranche C Warrant (Common Warrant right to buy) | A | 1,344,999 | $0.18 | 1,344,999 | I | P |
| 20 Oct, 2025 | Advisors Llc Perceptive | Pre-Funded Warrant (right to buy) | A | 2,190,496 | $1.60 | 2,190,496 | I | P |
| 20 Mar, 2025 | Timothy P. Moran | Non-qualified stock option (right to buy) | A | 90,000 | $0.00 | 90,000 | D | A |
| 20 Mar, 2025 | Sandra A. Gardiner | Non-qualified stock option (right to buy) | A | 90,000 | $0.00 | 90,000 | D | A |
| 20 Mar, 2025 | Keyvan Mirsaeedi-Farahani | Non-qualified stock option (right to buy) | A | 90,000 | $0.00 | 90,000 | D | A |
| 20 Mar, 2025 | Orly Mishan | Non-qualified stock option (right to buy) | A | 300,000 | $0.00 | 300,000 | D | A |
| 22 Jan, 2025 | Advisors Llc Perceptive | Common Stock | A | 64,167 | - | 9,675,684 | D | A |
| 11 Feb, 2025 | Todd Usen | Employee Stock Options (Right to Buy) | A | 1,820,567 | $0.00 | 1,820,567 | D | A |
| 27 Sep, 2024 | Sciences Holdings Iv Arya | Common Stock | D | 3,501,600 | - | 0 | D | J |
| 31 Jul, 2024 | Hakon Bergheim | Common Stock | A | 7,539 | - | 7,539 | D | J |
| 31 Jul, 2024 | Hakon Bergheim | Stock Option (Right to Buy) | A | 1,000 | - | 1,000 | D | A |