AGREE REALTY CORP — Director's Dealing 2023

Aug 3, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AGREE REALTY CORP (ADC)
CIK: 0000917251
Period of Report: 2023-08-02

Reporting Person: AGREE RICHARD (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-08-02	Common Shares	P	5875	$62.95	Acquired	100230	Indirect
2023-08-02	Common Shares	P	5876	$62.95	Acquired	76388	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	413939	Direct

Footnotes

F1: The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $62.83 to $63.00 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F2: The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $62.83 to $63.00 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.