Michael Judlowe - 23 Feb 2025 Form 4 Insider Report for AGREE REALTY CORP (ADC)

Reporting relationship: Director
Issuer ticker: ADC
Reported as of: 23 Feb 2025
Net transaction value: +$69,990
SEC form: 4
Accepted by SEC: 25 Feb 2025, 16:15:34 UTC
Prior SEC filing: 27 Feb 2024
Next SEC filing: 18 May 2026
Source filing: View source filing
Reporting owner signature: /s/ Cheryl A. Hamilton, Attorney-in-Fact

Key filing fact

Michael Judlowe filed Form 4 for AGREE REALTY CORP (ADC) on 25 Feb 2025.

Key facts

This page summarizes Michael Judlowe's Form 4 filing for AGREE REALTY CORP (ADC).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 25 Feb 2025, 16:15.

Change

Previous filing in this sequence was filed on 27 Feb 2024.
Current net transaction value: +$69,990.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ADC transaction

Common Shares

Award

Transaction value: $0
Shares: +1,579
Change %: +17%
Price: $0.000000
Shares after: 10,869
Date: 23 Feb 2025
Ownership: Direct
Footnotes: F1

ADC transaction

Common Shares

Award

Transaction value: $69,990
Shares: +961
Change %: +8.8%
Price: $72.83
Shares after: 11,830
Date: 23 Feb 2025
Ownership: Direct
Footnotes: F1, F2

ADC holding

Common Shares

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 100
Date: 23 Feb 2025
Ownership: by wife

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Represents a grant of restricted stock that vests on February 23, 2026.

Footnote F2

Under Agree Realty Corporation's compensation plan for its Board of Directors, the Board member elected to receive a portion of their annual fee in restricted common stock in lieu of cash.