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

Role
Director
Signature
/s/ Cheryl A. Hamilton, Attorney-in-Fact
Issuer symbol
ADC
Transactions as of
23 Feb 2025
Net transactions value
+$69,990
Form type
4
Filing time
25 Feb 2025, 16:15:34 UTC
Previous filing
27 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADC Common Shares Award $0 +1,579 +17% $0.000000 10,869 23 Feb 2025 Direct F1
transaction ADC Common Shares Award $69,990 +961 +8.8% $72.83 11,830 23 Feb 2025 Direct F1, F2
holding ADC Common Shares 100 23 Feb 2025 by wife
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of restricted stock that vests on February 23, 2026.
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.