Agree Realty director buys 20,000 shares at $68.78
AGREE REALTY CORP (ADC) director John Rakolta Jr. purchased 20,000 Common Shares on September 16, 2026 in an open-market transaction at a weighted average price of $68.78 per share, with individual trade prices ranging from $68.74 to $68.81.
Rhea-AI Filing Summary
AGREE REALTY CORP (ADC) director John Rakolta Jr. purchased 20,000 Common Shares on September 16, 2026 in an open-market transaction at a weighted average price of $68.78 per share, with individual trade prices ranging from $68.74 to $68.81. Following this purchase, he holds 654,602.102 Common Shares directly, including 2,405.098 shares acquired under a dividend reinvestment plan since his last ownership filing, and 146 Common Shares held indirectly by his wife. No Rule 10b5-1 trading plan is reported for these transactions.
Positive
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Negative
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Insights
Analyzing...
Insider Trade Summary
Net Buyer: 20,000 shares
Net Buy
2 txns
Insider
RAKOLTA JOHN JR
Role
Director
Bought
20,000 shs ($1.38M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares F1, F2 | 20,000 | $68.78 | $1.38M |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 654,602.102 shares (Direct);
Common Shares — 146 shares (Indirect, By wife)
Footnotes (2)
- F1. The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $68.74 to $68.81. 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.
- F2. Includes 2,405.098 shares acquired under a dividend reinvestment plan since the last Statement of Changes in Beneficial Ownership filed by the Reporting Person.
Key Figures
Shares purchased: 20,000 shares
Weighted average purchase price: $68.78 per share
Direct holdings after transaction: 654,602.102 shares
+3 more
6 metrics
Shares purchased
20,000 shares
Common Shares bought on September 16, 2026
Weighted average purchase price
$68.78 per share
Open-market purchase on September 16, 2026; trades ranged $68.74–$68.81
Direct holdings after transaction
654,602.102 shares
Common Shares directly owned following the September 16, 2026 purchase
Dividend reinvestment plan shares
2,405.098 shares
Included in direct holdings, acquired under a dividend reinvestment plan since the last ownership filing
Indirect holdings by wife
146 shares
Common Shares held indirectly with nature of ownership stated as "By wife"
Net buy shares this Form 4
20,000 shares
Net of reported buy and sell transactions in this filing
Key Terms
weighted average price, dividend reinvestment plan, beneficial ownership
3 terms
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.
dividend reinvestment plan financial
"Includes 2,405.098 shares acquired under a dividend reinvestment plan since the last"
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.
beneficial ownership financial
"since the last Statement of Changes in Beneficial Ownership filed by the Reporting"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ADC director John Rakolta Jr. report on this Form 4?
He reported a purchase of 20,000 Common Shares of AGREE REALTY CORP on September 16, 2026 in an open-market transaction, as shown by the acquisition code and transaction details.
Does the ADC director have any indirect ownership reported on this Form 4?
Yes. In addition to his direct holdings, the filing reports 146 Common Shares held indirectly through his wife, identified with the nature of ownership as “By wife.”
Were the ADC insider’s trades made under a Rule 10b5-1 trading plan?
No. The filing indicates the Rule 10b5-1 checkbox is not affirmed, and there is no disclosure that the September 16, 2026 purchase was made pursuant to a Rule 10b5-1 trading plan.
What portion of the director’s ADC holdings comes from a dividend reinvestment plan?
The filing states that his direct holdings include 2,405.098 Common Shares acquired under a dividend reinvestment plan since his last Statement of Changes in Beneficial Ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.
