Form 4: Agree Realty Corp Director Rakolta Jr. Acquires 28,080 Shares
SEC Form 4 Filing
Director John Rakolta Jr. of Agree Realty Corp (ADC) purchased 28,080 common shares at a weighted average price of $71.3 per share on April 8, 2025.
Summary
- On April 8, 2025, John Rakolta Jr., a director of Agree Realty Corp (ADC), acquired 28,080 common shares.
- The shares were purchased at a weighted average price of $71.3 per share, with individual transactions ranging from $70.98 to $71.35.
- Following the transaction, Rakolta Jr. directly owns 507,809.562 common shares, which includes 1,608.193 shares acquired through a dividend reinvestment plan since the last filing.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares is generally a good sign, but it's a routine transaction.
Positives
- The director's purchase could be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Insider transactions are closely monitored as they can provide insights into a company's performance and future prospects. A director's purchase is often seen as a positive sign.
Stakeholder Impact
- The purchase could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 04/08/2025 | Date of the transaction: John Rakolta Jr. purchased 28,080 shares of Agree Realty Corp. |
| 04/10/2025 | Date of the Form 4 filing. |
Keywords
Agree Realty Corp, Director Share Purchase, Form 4, Insider Trading, Rakolta Jr., ADC, Share Acquisition, Dividend Reinvestment
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