Welcome to our dedicated page for Agree Rlty SEC filings (Ticker: ADC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to Agree Realty Corporation’s (NYSE: ADC) SEC filings, which contain detailed information about the company’s retail net lease real estate business, capital structure and financial performance. As a publicly traded real estate investment trust, Agree Realty files annual reports on Form 10‑K, quarterly reports on Form 10‑Q and current reports on Form 8‑K, along with other required documents.
In its filings, the company discusses topics such as investment activity, portfolio composition, tenant credit quality, lease terms and definitions of key non‑GAAP metrics like Core Funds from Operations (Core FFO), Adjusted Funds from Operations (AFFO), annualized base rent and weighted-average capitalization rate. Filings also describe the number of properties, gross leasable area, geographic distribution across all 50 U.S. states and the share of annualized base rents generated from investment grade retail tenants.
Agree Realty’s SEC reports further outline its financing arrangements, including unsecured term loan agreements, amendments to its senior unsecured revolving credit facility and details of forward equity offerings. Current reports on Form 8‑K have described new term loan facilities, changes to interest rate provisions, and the company’s weighted-average number of common shares outstanding for specified periods. These documents also identify the company’s Maryland incorporation, listing of common and preferred securities on the New York Stock Exchange, and other corporate information.
On Stock Titan, SEC filings for ADC are updated as they are made available through EDGAR. AI-powered tools summarize lengthy documents such as 10‑K and 10‑Q reports, highlight key sections on portfolio metrics, risk factors and capital markets activity, and help explain technical disclosures in more accessible language. Users can also review Form 8‑K filings that report earnings releases, financing agreements and other material events, as well as filings related to the company’s preferred stock and other securities.
AGREE REALTY CORP reported that Executive Chairman Richard Agree received a grant of 8,069 restricted common shares, awarded by the board’s Compensation Committee at no cash cost. These shares are scheduled to vest in three equal annual installments on February 23 of 2027, 2028, and 2029, contingent on his continued employment.
The company also withheld 4,577 common shares at a price of $79.32 per share to cover tax obligations tied to the vesting of 10,219 previously granted shares. After these transactions, he holds 422,200 common shares directly, plus indirect holdings of 85,512 shares through his wife and 155,855 shares through a children’s trust.
Agree Realty Corporation reports its 2025 annual results as a retail-focused net-lease REIT with a portfolio of 2,674 properties across all 50 states totaling about 55.5 million square feet of gross leasable area as of December 31, 2025. The portfolio was approximately 99.7% leased with a weighted average remaining lease term of 7.8 years, and about 66.8% of annualized base rent came from investment grade tenants.
During 2025, the company invested roughly $1.57 billion in net leased retail real estate, including the acquisition of 305 properties for about $1.44 billion and completion of 21 developments costing about $131.2 million. It sold 22 assets and land parcels for net proceeds of $42.1 million, recording a net gain of $5.4 million, and completed leasing transactions on about 3,033,000 square feet, adding approximately $29.7 million of annualized base contractual rent.
The company raised equity through an April 2025 follow-on public offering of 5,175,000 common shares via forward sale agreements, anticipated to generate about $385.8 million of net proceeds, and used at-the-market programs that produced $538.3 million of net proceeds in 2025. On the debt side, it established a $625.0 million commercial paper program, issued $400.0 million of 5.600% senior unsecured public notes due 2035, and arranged a $350.0 million delayed draw unsecured term loan maturing in 2031. As of December 31, 2025, total debt was $3.32 billion and the ratio of total debt to enterprise value was about 27.4%. The company increased its monthly common dividend twice in 2025 to $0.262 per share, equivalent to an annualized $3.144 per share, and continued paying monthly dividends on its 4.25% Series A preferred stock.
Agree Realty Corporation reported solid growth for the fourth quarter and full year 2025, driven by heavy investment in retail net lease properties and disciplined balance sheet management. Fourth-quarter AFFO per share rose 6.5% to $1.11, while full-year AFFO per share increased 4.6% to $4.33.
The company invested about $1.55 billion in 338 properties in 2025 and ended the year with a 99.7% leased portfolio spanning 2,674 assets and 55.5 million square feet across all 50 states. It also raised roughly $714 million of forward equity and completed a $400 million senior notes offering, helping keep net debt to recurring EBITDA at 4.9 times.
For 2026, Agree Realty issued initial AFFO per share guidance of $4.54 to $4.58 and increased its investment volume target to a range of $1.4 billion to $1.6 billion. The company highlighted more than $2.0 billion of available liquidity and an A- issuer rating from Fitch Ratings, and continues to grow its monthly dividend, which totaled $3.081 per share for 2025.
Agree Realty Corp's chief financial officer, Peter Coughenour, reported an open-market purchase of company stock. On January 9, 2026, he bought 500 common shares at a price of $69.80 per share, increasing his directly held stake. Following this transaction, he beneficially owned 18,544 common shares of Agree Realty Corp in direct ownership.
Agree Realty Corp executive chairman Richard Agree, through a trust for his children, reported purchasing 24,000 common shares of ADC on January 9, 2026 at a weighted average price of $70.67 per share. The filing notes that these shares were bought in multiple trades at prices ranging from $70.40 to $70.82.
Following this purchase, the trust for his children held 159,855 shares indirectly attributed to him. He also reported 414,708 common shares held directly and an additional 85,512 common shares held indirectly through his wife.
Agree Realty Corporation filed an update describing recent communications with investors and providing detailed share count data for 2025. The company issued a press release covering its 2025 investment activity, 2026 investment outlook, portfolio updates, and fourth quarter 2025 capital markets activity, and posted an updated investor presentation on its website.
The filing also reports the weighted-average number of common shares outstanding for the three and twelve months ended December 31, 2025. Basic weighted-average shares were 114,695,645 for the quarter and 110,723,375 for the year, while diluted weighted-average shares were 114,998,257 for the quarter and 111,200,645 for the year. The company explains that it used the treasury stock method to reflect dilution from forward equity offerings, which added 43,198 weighted-average incremental shares for the quarter and 216,703 for the year.
Agree Realty Corp director files insider trading report showing both a share transfer and a purchase. On 12/22/2025, the reporting director transferred 11,549 common shares of Agree Realty Corp, coded as a disposition at a price of $0. On 12/24/2025, the same director purchased 15,000 common shares at a weighted average price of $72.18, with individual trades ranging from $72.03 to $72.32.
Following these transactions, the director beneficially owned 562,605.801 common shares directly, which includes 5,454.303 shares acquired through a dividend reinvestment plan since the last filing. The filing notes that more detailed trade-by-trade pricing information is available upon request from the issuer, any security holder, or the SEC staff.
Agree Realty Corp’s chief accounting officer reports a small share withholding for taxes. On 12/01/2025, the officer filed a Form 4 showing that 262 common shares of Agree Realty Corp were disposed of at a price of $74.64 per share. The filing explains that these shares were withheld by the company to cover tax obligations arising from the vesting of 602 common shares.
After this tax-related withholding, the officer beneficially owned 12,015 common shares directly. This event reflects routine equity compensation and associated tax settlement rather than an open-market sale.
Agree Realty Corp (ADC) reported an insider equity transfer by its President & CEO, who is also a director. On 11/18/2025, the insider reported a transaction coded “G,” indicating a bona fide gift of 1,028 common shares at a reported price of $0, held indirectly by children. After this transaction, the insider beneficially owns 3,962 common shares indirectly by children and 638,688 common shares directly. This filing reflects a personal estate or family-related transfer rather than an open-market trade.
Agree Realty Corp (ADC) executive chairman reports share transfer
Agree Realty Corp’s executive chairman and director reported a Form 4 transaction involving 2,570 common shares on 11/18/2025. The transaction was coded “G,” indicating a gift of shares at a stated price of $0. After this transaction, he reports owning 414,708 common shares directly, 85,512 common shares indirectly through his wife, and 135,855 common shares indirectly through a trust for his children.