AGREE REALTY CORP — Director's Dealing 2025

Aug 21, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AGREE REALTY CORP (ADC)
CIK: 0000917251
Period of Report: 2025-08-19

Reporting Person: Erlich Craig (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-08-19	Common Shares	F	396	$73.48	Disposed	52486	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	100	Indirect
Common Shares	305	Indirect
Depositary Shares Series A	4898	Direct

Footnotes

F1: Represents common shares withheld by the Issuer as payment of tax withholdings due upon vesting of 908 common shares.