Compensation award — excluded from discretionary-purchase analysis.
Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell
View the official recordSEC Form 4 — Statement of Changes in Beneficial OwnershipAll the details
Dates, kept separate
Transaction date
May 14, 2026
Reporting period
Not applicable
Filed with the SEC
May 18, 2026
DirectorGrant / award
Context
Classification
grant award
Code A — grant or award
Planned / mechanical clue
Footnote references dividend reinvestment
Only flagged when a footnote says so; never inferred
Source receipt
Record ID
0001528153-26-000005
Filed / recorded
May 18, 2026, 8:16 PM UTC
Added to OQRO
Oct 6, 2026, 3:07 PM UTC
Parser
form4-xml-v1
Data quality
Verified: identifiers matched exactly
Issuer
AGREE REALTY CORP
Issuer CIK
917251
Ticker
ADC
Reporting person
John Jr Rakolta
Relationship
Director
Security
Common Shares
Table
Non-derivative (Table I)
Transaction date
May 14, 2026
Transaction code
A
Shares / units
2,159
Price per share
$0.00
Acquired / disposed
Acquired (A)
Shares owned after
572,466.28
Ownership form
Direct
Amendment
No
Footnotes from the filing
Represents a grant of restricted common stock that vests May 14, 2027.
Includes 1,920.183 shares acquired under a dividend reinvestment plan since the last Statement of Changes in Beneficial Ownership filed by the Reporting Person.
Agree Realty's EXECUTIVE CHAIRMAN OF BOARD paid $357K out of pocket for Agree Realty shares. 2 other people at Agree Realty bought some too, in the same month. The Agree Realty shares held grew by 6%.