Agree Realty Corporation's SEC filings document the reporting framework of a Maryland retail net lease REIT that operates through Agree Limited Partnership. Form 8-K filings furnish operating results, supplemental financial metrics, investor presentations, weighted-average share calculations, OP Unit disclosures, and Regulation FD updates on portfolio and investment activity.
The filing record also covers capital structure and financing matters, including at-the-market equity programs, forward sale arrangements, common stock, depositary shares representing Series A preferred stock, unsecured credit facilities and term loan agreements. Proxy materials disclose board governance, executive compensation, shareholder voting matters and equity award information.
Cohen & Steers filed an amendment to a Schedule 13G reporting beneficial ownership of 17,918,363 shares of Agree Realty Corporation common stock, representing 14.93% of the class. The filing shows sole voting power over 14,028,144 shares and sole dispositive power over 17,918,363 shares.
The filing lists Cohen & Steers affiliates (including Cohen & Steers Capital Management, Inc., Cohen & Steers UK Ltd., Cohen & Steers Ireland Ltd., and Cohen & Steers Asia Ltd.) and states these entities hold the shares for the benefit of their respective account holders. Signatures by compliance officers appear on the amendment.
Agree Realty Corporation reported the results of its 2026 annual stockholder meeting held on May 14, 2026. Stockholders elected two directors to serve until the 2029 annual meeting, ratified the appointment of Grant Thornton LLP as independent registered public accounting firm for 2026, and approved executive compensation on a non-binding basis.
Director John Rakolta, Jr. received 100,834,036 votes for and 1,679,090 votes withheld, while Jerome Rossi received 92,870,518 votes for and 9,642,608 votes withheld, with 6,771,007 broker non-votes for each. The auditor ratification received 107,684,512 votes for, 1,515,453 against, and 84,168 abstentions. The advisory vote on executive compensation received 97,715,282 votes for, 4,650,345 against, 147,499 abstentions, and 6,771,007 broker non-votes.
Agree Realty Corp reported that State Street Corporation beneficially owned 5,967,031 shares of common stock, representing 5% as of 03/31/2026. The filing lists shared voting power of 5,175,780 shares and shared dispositive power of 5,967,031.
Agree Realty Corp’s Chief Growth Officer, Craig Erlich, reported a charitable-type transfer of stock. He made a bona fide gift of 500 Common Shares on May 6, 2026 at a stated price of $0.00 per share, meaning no sale proceeds were received.
After this gift, he directly holds 59,388 Common Shares and 4,898 Depositary Shares Series A. An additional 100 Common Shares are reported as indirectly owned through his wife. The filing records these positions but shows no open‑market buying or selling activity.
Vanguard Capital Management reports beneficial ownership of 6,332,281 shares of Agree Realty Corp common stock, representing 5.27% of the class. The filing shows sole dispositive power over 6,332,281 shares and sole voting power for 985,848 shares. The Schedule 13G filing is signed by Ashley Grim on 04/29/2026.
Agree Realty Corp shows a reported beneficial ownership position by Vanguard Portfolio Management of 10,277,845 shares of Common Stock, representing 8.56% of the class as of 03/31/2026. The filing states Vanguard has sole dispositive power over 10,277,845 shares and sole voting power over 17,839 shares. The Schedule 13G was signed on 04/28/2026 by Ashley Grim, Head of Global Fund Administration.
Agree Realty Corporation established a new at-the-market equity program that allows it to issue and sell shares of common stock with an aggregate offering price of up to $1,750,000,000. The shares may be sold from time to time through multiple sales agents or directly to them, including in block or ordinary at-the-market trades on the New York Stock Exchange.
The company also entered into forward sale arrangements with several financial institutions, including both contingent and non-contingent forward transactions. Agree Realty will not initially receive proceeds from the sale of borrowed shares under these forward sales but may receive cash if and when it physically settles fixed share forward transactions at agreed forward prices.
Sales agents and forward sellers can earn commissions of up to 2.0% of the gross sales price or applicable initial forward sale price. The shares are registered under Agree Realty’s automatic shelf registration statement on Form S-3ASR and a related prospectus supplement, providing the company with flexible access to equity capital over time.
Agree Realty Corporation has registered shares of its common stock having an aggregate offering price of up to $1,750,000,000 under an at-the-market equity distribution program. The offering may be conducted through designated sales agents and through forward sale agreements, including contingent and non-contingent forward transactions.
The supplement states shares may be sold on the NYSE or through negotiated transactions, and that commissions and forward selling arrangements (up to 2.0%) apply. The company expects proceeds, when physically settled, to be used for general corporate purposes, including property acquisitions, development activity and repayment or refinancing of indebtedness.
Agree Realty Corporation filed an automatic shelf registration statement on Form S-3 to permit the Company, its operating partnership and listed co-registrant subsidiaries to offer from time to time a mix of equity and debt securities, including common stock, preferred stock, depositary shares, warrants and debt securities, with guaranties by certain subsidiaries. Offerings may occur from time to time after the effective date and specific terms will be provided in prospectus supplements.
The prospectus discloses portfolio and corporate facts used as background for the shelf: a portfolio of 2,756 properties totaling approximately 57.5 million square feet, 99.7% leased, with a weighted average remaining lease term of 7.8 years. The Company’s common stock trades on the NYSE under the symbol ADC.
Agree Realty Corporation reported strong results for the quarter ended March 31, 2026, driven by portfolio growth and higher rental income. Rental income rose to $200.7 million from $169.1 million a year earlier, as the company expanded to 2,756 properties with 57.5 million square feet of space.
Net income attributable to common stockholders increased to $60.2 million from $45.1 million, and diluted earnings per share rose to $0.50 from $0.42. Net cash provided by operating activities grew to $145.2 million, supporting continued investment, including 85 property acquisitions totaling $404.3 million. The company also increased its common dividend, declaring $0.786 per share for the quarter.