Form 4: Agree Realty Corp Director Jerome R. Rossi Acquires Shares Through Stock Grant
SEC Form 4 Filing
Director Jerome R. Rossi acquired 1,579 common shares of Agree Realty Corp through a restricted stock grant that vests on February 23, 2026, increasing his total holdings to 10,192 shares.
Summary
- On February 23, 2025, Jerome R. Rossi, a director of Agree Realty Corp, acquired 1,579 common shares of the company.
- The acquisition was a grant of restricted stock.
- The restricted stock vests on February 23, 2026.
- The price of the acquired shares was $0.
- Following the transaction, Rossi's total beneficial ownership of Agree Realty Corp common shares is 10,192 shares.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard disclosure of a stock grant to a director, which doesn't inherently indicate positive or negative sentiment.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future prospects.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 02/23/2025 | Date of transaction: Jerome R. Rossi acquired 1,579 common shares through a restricted stock grant. |
| 02/23/2026 | Vesting date of the restricted stock grant. |
| 02/25/2025 | Date of signature on the Form 4 filing. |
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