Stephen Breslin - 01 Dec 2025 Form 4 Insider Report for AGREE REALTY CORP (ADC)

Role
CHIEF ACCOUNTING OFFICER
Signature
/s/ Stephen Breslin
Issuer symbol
ADC
Transactions as of
01 Dec 2025
Net transactions value
-$19,556
Form type
4
Filing time
03 Dec 2025, 16:05:12 UTC
Previous filing
25 Feb 2025
Next filing
25 Feb 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Breslin Stephen CHIEF ACCOUNTING OFFICER 32301 WOODWARD AVENUE, ROYAL OAK /s/ Stephen Breslin 03 Dec 2025 0001932559

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADC Common Shares Tax liability $19,556 -262 -2.1% $74.64 12,015 01 Dec 2025 Direct F1
* 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 602 common shares.

Remarks:

Exhibit 24, Power of Attorney, is attached.