ADC director granted additional company stock awards
AGREE REALTY CORP director John Rakolta Jr reported equity-based compensation in the form of company stock.
Rhea-AI Filing Summary
AGREE REALTY CORP director John Rakolta Jr reported equity-based compensation in the form of company stock. On May 14, 2026, he received two awards of common shares, classified as grant or award acquisitions rather than open-market purchases or sales.
One award was 1,328 common shares at $75.28 per share, and another was 2,159 restricted common shares at $0.00 per share. The restricted stock vests on May 14, 2027, and reflects his election under the Board compensation plan to receive a portion of his annual fee in restricted common stock instead of cash. Following these awards, he held 572,466.2800 common shares directly, plus 146 common shares indirectly held by his wife, including 1,920.183 shares accumulated through a dividend reinvestment plan since his prior ownership report.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 3,487 shares
Grant/Award
3 txns
Insider
RAKOLTA JOHN JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 2,159 | $0.00 | $0.00 |
| Grant/Award | Common Shares | 1,328 | $75.28 | $100K |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 573,794.28 shares (Direct);
Common Shares — 146 shares (Indirect, By wife)
Footnotes (3)
- F1. Represents a grant of restricted common stock that vests May 14, 2027.
- F2. Includes 1,920.183 shares acquired under a dividend reinvestment plan since the last Statement of Changes in Beneficial Ownership filed by the Reporting Person.
- F3. Under Agree Realty Corporation's compensation plan for its Board of Directors, the Board member elected to receive a portion of their annual fee in restricted common stock in lieu of cash.
Key Figures
Awarded shares at $75.28: 1,328 shares at $75.28/share
Restricted stock grant: 2,159 shares at $0.00/share
Direct holdings after awards: 572,466.2800 shares
+3 more
6 metrics
Awarded shares at $75.28
1,328 shares at $75.28/share
Grant/award acquisition on May 14, 2026
Restricted stock grant
2,159 shares at $0.00/share
Restricted common stock granted May 14, 2026
Direct holdings after awards
572,466.2800 shares
Common shares held directly following transactions
Indirect holdings by wife
146 shares
Common shares held indirectly through spouse
Dividend reinvestment shares
1,920.183 shares
Shares acquired via dividend reinvestment since prior report
Vesting date for restricted stock
May 14, 2027
Vesting date of restricted common stock grant
Key Terms
restricted common stock, dividend reinvestment plan, compensation plan, annual fee
4 terms
restricted common stock financial
"Represents a grant of restricted common stock that vests May 14, 2027."
Restricted common stock is company shares that carry limits on selling or transferring for a set period or until certain conditions are met, like time-based vesting or regulatory clearance. Think of them as shares in a locked box that gradually open; they can become freely tradable later but initially reduce the number of shares available on the market. Investors watch restricted stock because its eventual release can change a company’s share supply, affect stock price, and influence control and dilution.
dividend reinvestment plan financial
"Includes 1,920.183 shares acquired under a dividend reinvestment plan since the last Statement..."
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
compensation plan financial
"Under Agree Realty Corporation's compensation plan for its Board of Directors, the Board member elected..."
annual fee financial
"the Board member elected to receive a portion of their annual fee in restricted common stock..."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did ADC director John Rakolta Jr report on May 14, 2026?
He reported two stock awards in AGREE REALTY CORP common shares. One award granted 1,328 shares at $75.28 per share and another granted 2,159 restricted shares at $0.00, both classified as grant or award acquisitions rather than market purchases or sales.
What is the vesting schedule for John Rakolta Jr’s restricted ADC stock grant?
The restricted common stock grant reported by John Rakolta Jr vests on May 14, 2027. Until vesting, the shares are subject to restrictions, but they represent equity compensation tied to his role on AGREE REALTY CORP’s Board of Directors and long-term alignment with shareholders.
Why did AGREE REALTY CORP grant restricted stock to director John Rakolta Jr instead of cash?
Under AGREE REALTY CORP’s Board compensation plan, the director elected to receive a portion of his annual fee in restricted common stock. This election replaces part of his cash compensation with equity, aligning his compensation more directly with the company’s share performance over time.
AI-generated analysis. How Rhea-AI works. Not financial advice.
