AGREE RICHARD 4

What Happened

Richard Agree, Executive Chairman of Agree Realty Corp (ADC) and a company director, reported purchasing 5,000 shares of ADC on 2026-06-04. The transaction was reported as a purchase (transaction code P) at $71.41 per share, for a total reported value of $357,050. This was an open-market purchase as indicated on the Form 4.

Key Details

• Transaction date and price: 2026-06-04 — 5,000 shares at $71.41 each.
• Total value: $357,050.
• Transaction type: Purchase (code P), reported as open-market/private purchase.
• Shares owned after transaction: Not specified in the Form 4 filing.
• Filing timeliness: Form 4 filed 2026-06-08 (timely under the two-business-day reporting rule).
• Footnotes/plan: No 10b5-1 plan, tax withholding, or other footnotes were disclosed on the filing.

Context

Insider purchases are often viewed by investors as a positive (bullish) signal because executives are buying company stock, but a single purchase does not guarantee future performance. This report is a straightforward open-market acquisition by a senior executive; there are no derivative exercises, gifts, or tax-withholding events associated with this filing.