AGREE RICHARD 4
4 · AGREE REALTY CORP · Filed Feb 25, 2026
Insider Transaction Report
Form 4
AGREE RICHARD
DirectorEXECUTIVE CHAIRMAN OF BOARD
Transactions
- Award
Common Shares
[F1][F2]2026-02-23+8,069→ 426,777 total - Tax Payment
Common Shares
[F3]2026-02-23$79.32/sh−4,577$363,048→ 422,200 total
Holdings
- 85,512(indirect: By Spouse)
Common Shares
- 155,855(indirect: By Trust)
Common Shares
[F2]
Footnotes (3)
- [F1]Represents the issuance of restricted common shares to the reporting person by the Issuer's Compensation Committee of the Board of Directors. 2,690, 2,690, and 2,689 of these shares shall become vested and nonforfeitable, subject to the reporting person's continued service as an employee of the Issuer, on February 23, 2027, February 23, 2028, and February 23, 2029, respectively.
- [F2]Includes a reclassification of 4,000 shares from indirect ownership through a family trust to direct ownership. No change in beneficial ownership.
- [F3]Represents common shares withheld by the Issuer as payment of tax withholdings due upon vesting of 10,219 common shares.
Signature
/s/ Stephen Breslin, Attorney-in-Fact|2026-02-25