AGREE REALTY CORP — Insider Transactions
Form 4 filings by directors, officers, and 10%+ shareholders
SEC rules require corporate insiders — including directors, executive officers, and any shareholder owning more than 10% of a company's shares — to report changes in their ownership within two business days of a transaction. These disclosures are filed as Form 4. Open-market purchases (code P) are generally considered the most meaningful signal, as insiders are spending their own money.
| Insider | Title | Type | Shares | Price | Value | Owns After | Date |
|---|---|---|---|---|---|---|---|
| RAKOLTA JOHN JR | — | Purchase | 15,000 | $72.18 | $1,082,700 | 562,606 | Dec 22, 2025 |
| Breslin Stephen | CHIEF ACCOUNTING OFFICER | Tax Withholding | 262 | $74.64 | $19,556 | 12,015 | Dec 1, 2025 |
| Agree Joey | PRESIDENT & CEO | Gift | 1,028 | — | — | 3,962 | Nov 18, 2025 |
| AGREE RICHARD | EXECUTIVE CHAIRMAN OF BOARD | Gift | 2,570 | — | — | 414,708 | Nov 18, 2025 |
| RAKOLTA JOHN JR | — | Purchase | 25,154 | $70.41 | $1,771,093 | 553,701 | Oct 7, 2025 |
| Erlich Craig | CHIEF GROWTH OFFICER | Purchase | 360 | $70.85 | $25,506 | 52,846 | Oct 3, 2025 |
| Agree Joey | PRESIDENT & CEO | Purchase | 3,528 | $70.63 | $249,183 | 638,688 | Oct 2, 2025 |
| Lehmkuhl Greg | — | Purchase | 750 | $72.84 | $54,630 | 27,684 | Sep 5, 2025 |
| Erlich Craig | CHIEF GROWTH OFFICER | Tax Withholding | 396 | $73.48 | $29,098 | 52,486 | Aug 19, 2025 |
| Witteveen Nicole | CHIEF OPERATING OFFICER | Tax Withholding | 294 | $73.48 | $21,603 | 15,701 | Aug 19, 2025 |
| Agree Joey | PRESIDENT & CEO | Purchase | 2,100 | $72.08 | $151,368 | 635,160 | Aug 14, 2025 |
| Agree Joey | PRESIDENT & CEO | Purchase | 742 | $72.15 | $53,535 | 2,934 | Aug 13, 2025 |
| RAKOLTA JOHN JR | — | Purchase | 10,000 | $74.34 | $743,400 | 521,233 | Jun 11, 2025 |
| RAKOLTA JOHN JR | — | Purchase | 28,080 | $71.30 | $2,002,104 | 507,810 | Apr 8, 2025 |
| Agree Joey | PRESIDENT & CEO | Tax Withholding | 28,736 | $72.83 | $2,092,843 | 628,952 | Feb 23, 2025 |
| RAKOLTA JOHN JR | — | Award / Grant | 961 | $72.83 | $69,990 | 478,121 | Feb 23, 2025 |
| Rossi Jerome R | — | Award / Grant | 1,579 | — | — | 10,192 | Feb 23, 2025 |
| Lehmkuhl Greg | — | Award / Grant | 1,579 | — | — | 24,976 | Feb 23, 2025 |
| Judlowe Michael | — | Award / Grant | 1,579 | — | — | 10,869 | Feb 23, 2025 |
| Hollman Michael | — | Award / Grant | 1,579 | — | — | 7,886 | Feb 23, 2025 |
| He Linglong | — | Award / Grant | 1,579 | — | — | 4,928 | Feb 23, 2025 |
| Frankel Merrie S. | — | Award / Grant | 1,579 | — | — | 10,667 | Feb 23, 2025 |
| Dearing Karen | — | Award / Grant | 1,304 | $72.83 | $94,970 | 13,457 | Feb 23, 2025 |
| Witteveen Nicole | CHIEF OPERATING OFFICER | Tax Withholding | 1,193 | $72.83 | $86,886 | 15,995 | Feb 23, 2025 |
| Spehar Danielle M | GENERAL COUNSEL | Award / Grant | 3,593 | — | — | 23,655 | Feb 23, 2025 |
| Erlich Craig | CHIEF GROWTH OFFICER | Award / Grant | 5,390 | — | — | 56,257 | Feb 23, 2025 |
| Coughenour Peter | CHIEF FINANCIAL OFFICER | Award / Grant | 6,179 | — | — | 19,848 | Feb 23, 2025 |
| Breslin Stephen | CHIEF ACCOUNTING OFFICER | Tax Withholding | 738 | $72.83 | $53,749 | 12,277 | Feb 23, 2025 |
| AGREE RICHARD | EXECUTIVE CHAIRMAN OF BOARD | Award / Grant | 7,263 | — | — | 421,238 | Feb 23, 2025 |
| RAKOLTA JOHN JR | — | Purchase | 20,275 | $70.33 | $1,425,941 | 462,196 | Dec 23, 2024 |
| Agree Joey | PRESIDENT & CEO | Gift | 964 | — | — | 2,192 | Dec 16, 2024 |
| AGREE RICHARD | EXECUTIVE CHAIRMAN OF BOARD | Gift | 2,410 | — | — | 413,975 | Dec 16, 2024 |
| Breslin Stephen | CHIEF ACCOUNTING OFFICER | Tax Withholding | 172 | $76.80 | $13,210 | 10,269 | Dec 1, 2024 |
| Witteveen Nicole | CHIEF OPERATING OFFICER | Tax Withholding | 291 | $72.30 | $21,039 | 11,009 | Aug 19, 2024 |
| Erlich Craig | CHIEF GROWTH OFFICER | Tax Withholding | 393 | $72.30 | $28,414 | 44,688 | Aug 19, 2024 |
| Witteveen Nicole | CHIEF OPERATING OFFICER | Tax Withholding | 59 | $71.84 | $4,239 | 11,300 | Aug 13, 2024 |
| RAKOLTA JOHN JR | — | Purchase | 10,000 | $59.40 | $594,000 | 436,011 | May 23, 2024 |
| Lehmkuhl Greg | — | Purchase | 1,000 | $58.99 | $58,990 | 23,036 | May 23, 2024 |
| Breslin Stephen | CHIEF ACCOUNTING OFFICER | Purchase | 450 | $55.33 | $24,899 | 10,441 | Mar 14, 2024 |
| AGREE RICHARD | EXECUTIVE CHAIRMAN OF BOARD | Purchase | 16,000 | $55.50 | $888,000 | 135,855 | Feb 29, 2024 |
| RAKOLTA JOHN JR | — | Award / Grant | 3,217 | — | — | 415,868 | Feb 23, 2024 |
| He Linglong | — | Award / Grant | 3,217 | — | — | 3,217 | Feb 23, 2024 |
| Rossi Jerome R | — | Award / Grant | 2,000 | — | — | 8,613 | Feb 23, 2024 |
| RAKOLTA JOHN JR | — | Award / Grant | 3,217 | — | — | 412,651 | Feb 23, 2024 |
| Lehmkuhl Greg | — | Award / Grant | 4,086 | — | — | 21,893 | Feb 23, 2024 |
| Judlowe Michael | — | Award / Grant | 3,217 | — | — | 9,290 | Feb 23, 2024 |
| Hollman Michael | — | Award / Grant | 2,000 | — | — | 6,019 | Feb 23, 2024 |
| Frankel Merrie S. | — | Award / Grant | 2,000 | — | — | 9,088 | Feb 23, 2024 |
| Dearing Karen | — | Award / Grant | 3,652 | — | — | 10,574 | Feb 23, 2024 |
| Witteveen Nicole | CHIEF OPERATING OFFICER | Tax Withholding | 615 | $57.51 | $35,369 | 11,359 | Feb 23, 2024 |