Form 4: Agree Realty Corp Executive Stephen Breslin Acquires 450 Shares
SEC Form 4 Filing
Stephen Breslin, Chief Accounting Officer of Agree Realty Corp, purchased 450 shares of common stock at $55.33 per share on March 14, 2024.
Summary
- On March 14, 2024, Stephen Breslin, the Chief Accounting Officer of Agree Realty Corp, acquired 450 shares of the company's common stock.
- The purchase price was $55.33 per share.
- Following the transaction, Breslin directly owns 10,441 shares of Agree Realty Corp.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. The purchase of shares by a company officer is generally viewed as a positive sign, but the impact is limited as it's a relatively small transaction.
Positives
- An officer purchasing company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Insider transactions are routinely monitored by investors as signals of management's perspective on the company's valuation and future performance. Purchases can be interpreted as bullish signals.
Stakeholder Impact
- The purchase could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/14/2024 | Date of transaction: Stephen Breslin purchased 450 shares of Agree Realty Corp. |
| 03/15/2024 | Date of signature on the Form 4 filing. |
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