Agree Realty (ADC) CEO adds 13,295 shares in $75 open-market buy
Rhea-AI Filing Summary
Agree Realty Corp President and CEO Joey Agree reported a direct open-market purchase of 13,295 common shares on May 14, 2026 at a weighted average price of $75.41 per share. Following this transaction, he directly owns 675,105 common shares. The filing also notes 3,962 common shares held indirectly by his children, reflecting additional family-related ownership.
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Insights
CEO makes a routine-sized open-market share purchase.
Joey Agree, President and CEO of Agree Realty Corp, executed an open-market purchase of 13,295 common shares at a weighted average price of $75.41. This is a straightforward buy transaction coded as an open-market purchase.
After the trade, his direct holdings rise to 675,105 common shares, with an additional 3,962 shares reported as held indirectly by his children. The filing shows no derivative exercises, tax withholdings, or sales, and does not reference any Rule 10b5-1 trading plan, indicating a discretionary purchase.
Insider Trade Summary
Net Buyer: 13,295 shares
Net Buy
2 txns
Insider
Agree Joey
Role
PRESIDENT & CEO
Bought
13,295 shs ($1.00M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares | 13,295 | $75.41 | $1.00M |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 675,105 shares (Direct);
Common Shares — 3,962 shares (Indirect, By children)
Footnotes (1)
- F1. The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $75.23 to $75.50. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities & Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in the footnote.
Key Figures
Shares purchased: 13,295 shares
Purchase price (weighted avg): $75.41 per share
Direct holdings after: 675,105 shares
+1 more
4 metrics
Shares purchased
13,295 shares
Open-market purchase on May 14, 2026
Purchase price (weighted avg)
$75.41 per share
Weighted average purchase price with trades $75.23–$75.50
Direct holdings after
675,105 shares
Common shares directly owned after the transaction
Indirect holdings by children
3,962 shares
Common shares reported as held by children
Key Terms
open-market purchase, weighted average price, indirect ownership, Form 4
4 terms
open-market purchase financial
"transaction_action: open-market purchase"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted average price financial
"The reported price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
indirect ownership financial
"direct_or_indirect: I, nature_of_ownership: By children"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Agree Realty (ADC) CEO Joey Agree report in this Form 4?
Joey Agree reported buying common shares of Agree Realty in the open market. He acquired 13,295 shares on May 14, 2026 at a weighted average price of $75.41, increasing his direct ownership to 675,105 shares after the transaction.
What is Joey Agree’s total direct ownership in Agree Realty (ADC) after the transaction?
After the May 14, 2026 open-market purchase, Joey Agree directly owns 675,105 common shares of Agree Realty. This figure reflects his direct holdings only and excludes the separate indirect holdings reported as being held by his children.
Are there any indirect Agree Realty (ADC) holdings associated with Joey Agree?
Yes. The Form 4 reports 3,962 Agree Realty common shares held indirectly "by children." These are shown separately from Joey Agree’s 675,105 directly held shares, indicating additional family-related ownership disclosed in the filing’s ownership table.