AGREE REALTY CORP·4

May 18, 7:00 AM ET

Agree Joey 4

Research Summary

AI-generated summary

Updated

Agree Realty (ADC) CEO Joey Agree Buys 13,295 Shares

What Happened

  • Joey Agree, President & CEO and a director of Agree Realty Corp (ADC), purchased 13,295 shares in an open-market transaction on May 14, 2026. The reported weighted-average price was $75.41 per share, for a total transaction value of about $1,002,576. This was a purchase (insider buy), which many investors view as a positive signal but does not prove future performance.

Key Details

  • Transaction type: P = Purchase (open-market/private purchase)
  • Transaction date: 2026-05-14; Form 4 filed: 2026-05-18 (filed within the standard two-business-day window)
  • Price: weighted average $75.41; reported range $75.23–$75.50 (see footnote)
  • Total value: ~$1,002,576
  • Shares owned after transaction: Not specified in the provided filing
  • Footnote: The $75.41 price is a weighted average; the reporting person will provide breakdown of the number of shares purchased at each price within the stated range upon request

Context

  • This was a straightforward open-market purchase (no option exercise, gift, or tax withholding involved). Purchases by executives can be informative to retail investors, but they are one data point and should be considered alongside other company and market information.