AGREE REALTY CORP — Director's Dealing 2026

Jan 12, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AGREE REALTY CORP (ADC)
CIK: 0000917251
Period of Report: 2026-01-09

Reporting Person: AGREE RICHARD (Director, EXECUTIVE CHAIRMAN OF BOARD)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2026-01-09	Common Shares	P	24000	$70.67	Acquired	159855	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	414708	Direct
Common Shares	85512	Indirect

Footnotes

F1: The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $70.40 to $70.82. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities & Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in the footnote.