Agree Realty (ADC) Chief Growth Officer Craig Erlich Buys 1,000 Shares

What Happened
Craig Erlich, Chief Growth Officer of Agree Realty Corp (ADC), made an open-market purchase of 1,000 shares on 2026-09-21 at $67.55 per share, for a total cost of $67,550. This was a straight purchase (transaction code P), not a sale or option exercise.

Key Details

• Transaction date: 2026-09-21
• Price: $67.55 per share; Total value: $67,550
• Transaction type: Open-market purchase (Code: P)
• Shares owned after transaction: Not specified in the provided filing summary
• Filing date: 2026-09-23 — filed within the typical two-business-day window for Form 4s (timely)
• Footnotes/notable plan info: None reported in the provided data

Context
Insider purchases are often watched by investors as one data point of management's confidence in the company, but they do not guarantee future stock performance. This is a modest-sized open-market buy by an executive; consider it alongside other insider activity, company fundamentals, and market conditions.