SEC ownership of AGREE REALTY CORP
Top holders, 13D/G large-stake signals, insider positions, and transaction flow tied to CIK 0000917251.
- CIK
- 0000917251
- Symbol
- ADC, ADC-PA on NYSE
- Location
- Royal Oak, MI
- Parsed ownership evidence
- 13D/G, 13F, and 3/4/5
- Lead holder
- COHEN & STEERS, INC.
- 13D/G signal
- COHEN & STEERS, INC.
- Latest evidence date
- 15 May 2026
Ownership snapshot
Top shareholders of AGREE REALTY CORP (13F + 13D/G + 3/4/5)
Grouped by holder across the latest SEC ownership disclosures. Start with comparable ownership when available, then verify the linked 13F, 13D/G, or 3/4/5 evidence.
Lead holder
COHEN & STEERS, INC.
13D/G signal
COHEN & STEERS, INC.
Evidence rows
50
Latest as of
15 May 2026
13D/G
13F
3/4/5
Lead comparable stake: 15%
13D/G row: COHEN & STEERS, INC.
Showing first 8 of 50 holder rows.
Open remaining rows
| Holder | Evidence | Ownership % | Position | 12M Net Δ | As of |
|---|---|---|---|---|---|
| COHEN & STEERS, INC. |
13D/G
13F
Company
|
15%
|
$1,372,725,789
17,918,363 shares
|
+$414,181,393 | 31 Mar 2026 |
| BlackRock, Inc. |
13F
13D/G
Company
|
11%
from 13D/G
|
$1,348,548,794
17,890,008 shares
|
— | 31 Mar 2026 |
| VANGUARD PORTFOLIO MANAGEMENT LLC |
13D/G
13F
Vanguard Portfolio Management · Company
|
8.6%
|
$774,743,956
10,277,845 shares
|
$0 | 31 Mar 2026 |
| VANGUARD CAPITAL MANAGEMENT LLC |
13D/G
13F
Vanguard Capital Management · Company
|
5.3%
|
$477,327,342
6,332,281 shares
|
$0 | 31 Mar 2026 |
| STATE STREET CORP |
13D/G
13F
STATE STREET CORPORATION · Company
|
5%
|
$457,134,245
5,967,031 shares
|
+$53,857,519 | 31 Mar 2026 |
| Joey Agree |
3/4/5
PRESIDENT & CEO, Director
|
0.57%
|
$51,208,323
679,067 shares
|
+$1,753,054 | 14 May 2026 |
| Richard Agree |
3/4/5
EXECUTIVE CHAIRMAN OF BOARD, Director
|
0.55%
|
$50,724,919
663,567 shares
|
+$1,696,080 | 23 Feb 2026 |
| John Rakolta Jr. |
3/4/5
Director
|
0.5%
|
$44,439,643
595,944 shares
|
+$5,099,644 | 15 May 2026 |
How to read this table
Rows are grouped by holder and ranked first by SEC-reported ownership % when it is safely comparable, then by disclosed holdings value. — indicates unavailable or non-comparable values; "mixed-class rows" means the latest filing spans non-comparable classes.
Forms 3/4/5 flow
Insider trading overview
Net insider flow leans to buying over the last 12 months. Net value: +$8,720,130.
Buys
$8,720,130
Insiders: 6
Sells
$0
Insiders: 0
Net
+$8,720,130
Shares: +120,433
Window
Last 12 months
4 rolling buckets
Buy value
Sell value
Shares: 120,433
Shares: 0
| Window (months) | Buy shares | Sell shares | Buy $ | Sell $ | Net $ |
|---|---|---|---|---|---|
| 0-3 | 34,191 | 0 | $2,561,344 | $0 | +$2,561,344 |
| 3-6 | 39,500 | 0 | $2,813,680 | $0 | +$2,813,680 |
| 6-9 | 29,792 | 0 | $2,100,410 | $0 | +$2,100,410 |
| 9-12 | 16,950 | 0 | $1,244,696 | $0 | +$1,244,696 |
Reporting owners
Insider holders from Forms 3/4/5
Current reporting-owner rows connected to AGREE REALTY CORP. Open the relationship link for the CIK-to-CIK filing trail.
Rows
16
Lead holder
Joey Agree
Net 12M change
+$8,720,130
Latest report
15 May 2026
| Name | Relationship | Holdings Value | Past Year Net Change | Change % | Valuation | Report Date |
|---|---|---|---|---|---|---|
| Joey Agree | PRESIDENT & CEO, Director | $51,208,323 | +$1,753,054 | +3.5% | Mixed | 14 May 2026 |
| Richard Agree | EXECUTIVE CHAIRMAN OF BOARD, Director | $50,724,919 | +$1,696,080 | +3.5% | Mixed | 23 Feb 2026 |
| John Rakolta Jr. | Director | $44,439,643 | +$5,099,644 | +13% | Mixed | 15 May 2026 |
| Craig Erlich | Chief Growth Officer | $4,484,205 | +$25,504 | +0.57% | Median | 06 May 2026 |
| Greg Lehmkuhl | Director | $2,587,957 | +$110,948 | +4.5% | Filing P/S | 14 May 2026 |
| Peter Coughenour | Chief Financial Officer | $2,114,353 | +$34,900 | +1.7% | Mixed | 23 Feb 2026 |
| Danielle M. Spehar | General Counsel | $2,045,266 | Mixed | 23 Feb 2026 | ||
| Nicole Witteveen | Chief Operating Officer | $1,869,334 | Mixed | 23 Feb 2026 | ||
| Karen Dearing | Director | $1,177,134 | Median | 14 May 2026 | ||
| Michael Judlowe | Director | $1,162,133 | Median | 14 May 2026 | ||
| Stephen Breslin | Chief Accounting Officer | $1,035,998 | Mixed | 23 Feb 2026 | ||
| Jerome R. Rossi | Director | $931,018 | Median | 14 May 2026 | ||
| Merrie S. Frankel | Director | $836,642 | Median | 14 May 2026 | ||
| Michael Hollman | Director | $779,221 | Median | 14 May 2026 | ||
| Linglong He | Director | $728,784 | Median | 14 May 2026 | ||
| David A. Wolff | Chief Accounting Officer | $275,621 | Mixed | 23 Feb 2022 |
Recent Insider Transactions by Companies or Individuals for AGREE REALTY CORP
Showing up to 300 most recent insider transactions from the last 12 months.
| Insider | Symbol | Class | Transaction | % | Reported value | Reported price | Shares | Shares owned | Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|---|
| John Rakolta Jr. | ADC | Common Shares | Purchase | 3.47% | $1,491,400 | $74.57 | 20,000 | 595,798 | 15 May 2026 | Direct |
| Merrie S. Frankel | ADC | Common Shares | Award | 4.05% | 432 | 11,099 | 14 May 2026 | Direct | ||
| Karen Dearing | ADC | Common Shares | Award | 16% | 2,159 | 15,616 | 14 May 2026 | Direct | ||
| Linglong He | ADC | Common Shares | Award | 56.4% | 3,487 | 9,668 | 14 May 2026 | Direct | ||
| Michael Hollman | ADC | Common Shares | Award | 26.4% | 2,159 | 10,337 | 14 May 2026 | Direct | ||
| Michael Judlowe | ADC | Common Shares | Award | 29.5% | 3,487 | 15,317 | 14 May 2026 | Direct | ||
| John Rakolta Jr. | ADC | Common Shares | Award | 0.61% | 3,487 | 573,794 | 14 May 2026 | Direct | ||
| Jerome R. Rossi | ADC | Common Shares | Award | 21.2% | 2,159 | 12,351 | 14 May 2026 | Direct | ||
| Greg Lehmkuhl | ADC | Common Shares | Purchase | 2.22% | $56,318 | $75.09 | 750 | 34,465 | 14 May 2026 | Direct |
| Greg Lehmkuhl | ADC | Common Shares | Award | 14.7% | 4,318 | 33,715 | 14 May 2026 | Direct | ||
| Joey Agree | ADC | Common Shares | Purchase | 2.01% | $1,002,576 | $75.41 | 13,295 | 675,105 | 14 May 2026 | Direct |
| Craig Erlich | ADC | Common Shares | Gift | -0.83% | -500 | 59,388 | 06 May 2026 | Direct | ||
| John Rakolta Jr. | ADC | Common Shares | Purchase | $11,051 | $75.69 | 146 | 146 | 01 Apr 2026 | By wife | |
| Stephen Breslin | ADC | Common Shares | Tax liability | -10.2% | -1,475 | 13,061 | 23 Feb 2026 | Direct | ||
| Stephen Breslin | ADC | Common Shares | Award | 21% | 2,521 | 14,536 | 23 Feb 2026 | Direct | ||
| Danielle M. Spehar | ADC | Common Shares | Tax liability | -18.1% | -5,706 | 25,785 | 23 Feb 2026 | Direct | ||
| Danielle M. Spehar | ADC | Common Shares | Award | 50.3% | 10,543 | 31,491 | 23 Feb 2026 | Direct | ||
| Nicole Witteveen | ADC | Common Shares | Tax liability | -11.8% | -3,146 | 23,567 | 23 Feb 2026 | Direct | ||
| Nicole Witteveen | ADC | Common Shares | Award | 70.1% | 11,012 | 26,713 | 23 Feb 2026 | Direct | ||
| Craig Erlich | ADC | Common Shares | Tax liability | -12.6% | -8,636 | 59,888 | 23 Feb 2026 | Direct | ||
| Craig Erlich | ADC | Common Shares | Award | 29.7% | 15,678 | 68,524 | 23 Feb 2026 | Direct | ||
| Peter Coughenour | ADC | Common Shares | Tax liability | -14.2% | -4,401 | 26,656 | 23 Feb 2026 | Direct | ||
| Peter Coughenour | ADC | Common Shares | Award | 67.5% | 12,513 | 31,057 | 23 Feb 2026 | Direct | ||
| Joey Agree | ADC | Common Shares | Tax liability | -5.9% | -41,487 | 661,810 | 23 Feb 2026 | Direct | ||
| Joey Agree | ADC | Common Shares | Award | 10.1% | 64,609 | 703,297 | 23 Feb 2026 | Direct | ||
| Richard Agree | ADC | Common Shares | Tax liability | -1.07% | -4,577 | 422,200 | 23 Feb 2026 | Direct | ||
| Richard Agree | ADC | Common Shares | Award | 1.93% | 8,069 | 426,777 | 23 Feb 2026 | Direct | ||
| Peter Coughenour | ADC | Common Shares | Purchase | 2.77% | $34,900 | $69.80 | 500 | 18,544 | 09 Jan 2026 | Direct |
| Richard Agree | ADC | Common Shares | Purchase | 17.7% | $1,696,080 | $70.67 | 24,000 | 159,855 | 09 Jan 2026 | By trust - children |
| John Rakolta Jr. | ADC | Common Shares | Purchase | 2.74% | $1,082,700 | $72.18 | 15,000 | 562,606 | 24 Dec 2025 | Direct |
| John Rakolta Jr. | ADC | Common Shares | Gift | -2.07% | -11,549 | 547,606 | 22 Dec 2025 | Direct | ||
| Stephen Breslin | ADC | Common Shares | Tax liability | -2.13% | -262 | 12,015 | 01 Dec 2025 | Direct | ||
| Joey Agree | ADC | Common Shares | Gift | 35% | 1,028 | 3,962 | 18 Nov 2025 | By children | ||
| Richard Agree | ADC | Common Shares | Gift | -0.62% | -2,570 | 414,708 | 18 Nov 2025 | Direct | ||
| John Rakolta Jr. | ADC | Common Shares | Purchase | 4.76% | $1,771,093 | $70.41 | 25,154 | 553,701 | 07 Oct 2025 | Direct |
| Craig Erlich | ADC | Common Shares | Purchase | 0.69% | $25,504 | $70.84 | 360 | 52,846 | 03 Oct 2025 | Direct |
| Joey Agree | ADC | Common Shares | Purchase | 0.56% | $249,183 | $70.63 | 3,528 | 638,688 | 02 Oct 2025 | Direct |
| Greg Lehmkuhl | ADC | Common Shares | Purchase | 2.78% | $54,630 | $72.84 | 750 | 27,684 | 05 Sep 2025 | Direct |
| Craig Erlich | ADC | Common Shares | Tax liability | -0.75% | -396 | 52,486 | 19 Aug 2025 | Direct | ||
| Nicole Witteveen | ADC | Common Shares | Tax liability | -1.84% | -294 | 15,701 | 19 Aug 2025 | Direct | ||
| Joey Agree | ADC | Common Shares | Purchase | 0.33% | $151,368 | $72.08 | 2,100 | 635,160 | 14 Aug 2025 | Direct |
| Joey Agree | ADC | Common Shares | Purchase | 33.8% | $53,535 | $72.15 | 742 | 2,934 | 13 Aug 2025 | By children |
| Joey Agree | ADC | Common Shares | Purchase | 0.65% | $296,392 | $72.15 | 4,108 | 633,060 | 13 Aug 2025 | Direct |
| John Rakolta Jr. | ADC | Common Shares | Purchase | 1.96% | $743,400 | $74.34 | 10,000 | 521,233 | 11 Jun 2025 | Direct |
An asterisk next to the price means the reported price is likely invalid.