JOHN RAKOLTA JR - 20 Dec 2024 Form 4 Insider Report for AGREE REALTY CORP (ADC)

Role
Director
Signature
/s/ Cheryl A. Hamilton, Attorney-in-Fact
Issuer symbol
ADC
Transactions as of
20 Dec 2024
Transactions value $
$2,126,641
Form type
4
Filing time
26 Dec 2024, 16:05:04 UTC
Previous filing
28 May 2024
Next filing
25 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADC Common Shares Purchase $1,425,940 +20,275 +4.6% $70.33 462,195 20 Dec 2024 Direct F1, F2
transaction ADC Common Shares Purchase $700,700 +10,000 +2.2% $70.07 472,195 23 Dec 2024 Direct F3
* 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 $69.52 to $70.79 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 Includes shares acquired under a dividend reinvestment plan since the last Statement of Changes in Beneficial Ownership filed by Reporting Person.
F3 The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $70.06 to $70.08 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.