Craig Erlich - 19 Aug 2025 Form 4 Insider Report for AGREE REALTY CORP (ADC)

Role
CHIEF GROWTH OFFICER
Signature
/s/ Donald J. Kunz, Attorney-in-Fact
Issuer symbol
ADC
Transactions as of
19 Aug 2025
Transactions value $
-$29,098
Form type
4
Filing time
21 Aug 2025, 16:15:28 UTC
Previous filing
25 Feb 2025
Next filing
06 Oct 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Erlich Craig CHIEF GROWTH OFFICER 32301 WOODWARD AVENUE, ROYAL OAK /s/ Donald J. Kunz, Attorney-in-Fact 21 Aug 2025 0001747962

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADC Common Shares Tax liability -$29.1K -396 -0.75% $73.48 52.5K 19 Aug 2025 Direct F1
holding ADC Common Shares 100 19 Aug 2025 By wife
holding ADC Common Shares 305 19 Aug 2025 By children
holding ADC Depositary Shares Series A 4.9K 19 Aug 2025 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents common shares withheld by the Issuer as payment of tax withholdings due upon vesting of 908 common shares.