Joey Agree - 21 Feb 2024 Form 4 Insider Report for AGREE REALTY CORP (ADC)

Role: PRESIDENT & CEO, Director
Signature: /s/ Cheryl A. Hamilton, Attorney-in-Fact
Issuer symbol: ADC
Transactions as of: 21 Feb 2024
Transactions value $: $199,220
Form type: 4
Filing time: 23 Feb 2024, 06:30:14 UTC
Previous filing: 16 Feb 2024
Next filing: 27 Feb 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ADC	Common Shares	Purchase	$199K	+3.5K	+0.63%	$56.92	561K	21 Feb 2024	Direct	F1
holding	ADC	Common Shares						1.23K	21 Feb 2024	By children

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $56.83 to $57.02 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.

Content

The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $56.83 to $57.02 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.