Agree Realty (ADC) CEO Joey Agree Buys 7,360 Shares

What Happened
Joey Agree, President & CEO and a director of Agree Realty Corp (ADC), purchased 7,360 shares in an open-market transaction on 2026-09-16. The reported weighted-average price was $68.06 per share, for a total of approximately $500,922. This was a purchase (Form 4 code P), which investors often watch as a potential bullish signal.

Key Details

• Transaction date: 2026-09-16 (reported on Form 4 filed 2026-09-17) — filing was timely.
• Transaction type/code: Open market purchase (P = Purchase).
• Shares acquired: 7,360; weighted-average price: $68.06; total value ≈ $500,922.
• Price range: Trades occurred at prices from $67.97 to $68.13 (weighted avg reported); the filing notes full breakdown available on request (Footnote F1).
• Shares owned after transaction: Not specified in the provided filing details.
• No 10b5-1 plan, exercise, gift, or tax-withholding notation provided in this report.

Context
This was a straightforward open-market buy by the company’s CEO. Purchases by executives are factual data points investors use alongside other indicators; they do not, by themselves, prove future stock performance. The weighted-average price reflects multiple trades on the same day; the filer offered to supply the per-trade breakdown if requested.