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.
Greg Lehmkuhl, a director of Agree Realty Corporation (ADC), reported a small open-market purchase of common shares. The Form 4 discloses a purchase of 750 common shares at $72.84 per share, increasing his beneficial ownership to 27,683.644 shares. The filing notes that 309.701 of those shares were acquired under the company’s dividend reinvestment plan since his last Form 4. The report was filed as a single reporting person Form 4 and includes an attached power of attorney.
Agree Realty Corp (ADC) insider transaction: Craig Erlich, listed as Chief Growth Officer and director, reported transactions dated 08/19/2025. The filing shows a disposal of 396 common shares at $73.48 each (transaction code F) and a disposal of 4,898 depositary shares, Series A. After these transactions, Erlich beneficially owned 52,486 common shares directly, 100 shares indirectly through his wife and 305 shares indirectly through his children. The form explains the 396 common shares were withheld by the issuer to satisfy tax withholdings on the vesting of 908 common shares. The filing is signed by an attorney-in-fact on 08/21/2025.
Insider transaction at Agree Realty (ADC): Nicole Witteveen, listed as Chief Operating Officer, reported a transaction dated 08/19/2025 in which 294 common shares were disposed at $73.48 per share. The Form 4 states these 294 shares were withheld by the issuer to satisfy tax withholdings on 674 vested shares. After the reported disposition, the filing shows Ms. Witteveen beneficially owns 15,701 common shares. The form was signed by an attorney-in-fact on 08/21/2025.
Agree Realty Corp (ADC) Form 4: The reporting person, listed as "Agree Joey" and identified as President & CEO and a Director, made an open-market acquisition on 08/14/2025. The filing reports a purchase of 2,100 common shares at a weighted-average price of $72.08 (individual trade prices ranged from $72.03 to $72.10). After the purchase, the reporting person beneficially owned 635,160 shares directly and 2,934 shares indirectly (by children). The Form 4 was signed by an attorney-in-fact, Donald J. Kunz, on 08/18/2025. The filer notes the weighted-average price and offers to provide trade-by-trade details upon request.
Joey Agree, President & CEO and a director of Agree Realty Corporation (ADC), purchased common shares on 08/13/2025. He acquired 4,108 shares directly at a weighted average price of $72.15, bringing his direct holdings to 633,060 shares. Separately, 742 shares were recorded as acquired for his children (indirect), increasing indirect holdings to 2,934.
The reported price is a weighted average for multiple trades executed in a range of $72.02 to $72.19. The Form 4 shows these are non-derivative common share purchases reported pursuant to Section 16.