Agree Realty (ADC) Director John Rakolta Jr Buys 10,000 Shares

What Happened John Rakolta Jr, a director of Agree Realty Corp (ADC), purchased 10,000 common shares in open-market transactions on August 31, 2026. The reported weighted-average price was $72.42 per share, for a total transaction value of approximately $724,200. This was a purchase (acquisition), which some investors treat as a potentially positive signal but does not, by itself, indicate the insider's motives.

Key Details

• Transaction date: August 31, 2026; Form 4 filed September 2, 2026.
• Transaction type: Open market purchase (Code P).
• Shares acquired: 10,000 at a weighted-average price of $72.42; total ≈ $724,200.
• Price range per footnote: purchases occurred between $72.40 and $72.43; the filer can provide a breakdown on request (Footnote F1).
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Filing timeliness: Form 4 lists the filing date; the report does not indicate a late filing.

Context

• Purchases by directors are often watched by retail investors as one piece of insider activity, but they do not prove future performance.
• No option exercises, gifts, or tax-withholding transactions were reported in this transaction — it was a straight open-market purchase.