Form 4: Agree Realty CEO Joey Agree Gifts Common Shares

Agree Realty Corp. CEO Joey Agree reported gifting 1,028 common shares, increasing his indirect beneficial ownership.

Summary

• Joey Agree, President & CEO and Director of Agree Realty Corp. (ADC), reported a transaction on November 18, 2025.
• The transaction involved a gift (Transaction Code G) of 1,028 common shares.
• These shares were acquired indirectly (A) and are now beneficially owned by his children.
• Following this transaction, Joey Agree's indirect beneficial ownership stands at 3,962 common shares.
• His direct beneficial ownership of common shares is 638,688.

Sentiment

Score: 5

Explanation: The filing reports an insider gift transaction, which is a routine disclosure and does not directly indicate positive or negative sentiment regarding the company's operational performance or future prospects.

Future Outlook

This filing does not contain any forward-looking statements or guidance.

Industry Context

This is a routine insider transaction filing and does not provide information related to broader industry trends or competitive landscape.

Related Party Transactions

• Joey Agree reported a gift of 1,028 common shares, which are now indirectly beneficially owned by his children.

Stakeholder Impact

• Shareholders may note the change in the CEO's beneficial ownership structure, with a portion of shares now held indirectly through family.

Key Dates

Keywords

Agree Realty, ADC, Form 4, Insider Transaction, Share Ownership, CEO, Director, Gift, Common Shares