Agree Realty Corp: reports weighted-average common shares Sep 30, 2026

What happened

• On Oct 2, 2026, Agree Realty Corporation announced its weighted-average number of common shares outstanding for the three and nine months ended Sep 30, 2026.
• For the three months ended Sep 30, 2026 the filing shows weighted average common shares outstanding of 124,565,976; less unvested restricted shares of 202,871, resulting in 124,363,105 shares used in basic earnings per share. For the nine months ended Sep 30, 2026 the filing shows weighted average common shares outstanding of 121,626,484; less unvested restricted shares of 202,871, resulting in 121,423,613 shares used in basic earnings per share. The filing also reports weighted average shares used in diluted EPS of 124,602,961 for the three months and 121,879,652 for the nine months, and including operating partnership units of 347,619 yields 124,950,580 and 122,227,271, respectively.

Key details

• Three months ended Sep 30, 2026: weighted average common shares outstanding 124,565,976; basic EPS shares 124,363,105.
• Nine months ended Sep 30, 2026: weighted average common shares outstanding 121,626,484; basic EPS shares 121,423,613.
• Effect of dilutive securities reported: share-based compensation added 201,259 (three months) and 200,786 (nine months); April 2025 forward equity offering added 38,597 (three months) and 84,892 (nine months); ATM forward equity offerings added 170,361 (nine months).
• The company used the treasury stock method to account for potential dilution prior to settlement; the offerings increased weighted-average diluted shares by 38,597 for the three months and 255,253 for the nine months.

Why it may matter

• This Item 8.01 filing reports the weighted-average number of common shares outstanding used in Agree Realty Corporation’s basic and diluted earnings per share calculations for the periods ended Sep 30, 2026. The filing shows the specific share counts and the components affecting dilution, including forward equity offerings, share-based compensation and operating partnership units.
• The filing does not show why the insider traded or why the company acted.