secwatch.observer — SEC 8-K summary
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Issuer:     AGREE REALTY CORP (ADC)
CIK:        0000917251
Form:       8-K
Filed at:   2026-10-02T11:00:29+00:00
Accession:  0000917251-26-000066
Event type: other
Sentiment:  neutral
Materiality: 0.20
Item codes: 8.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Agree Realty discloses Q3 2026 weighted-average shares of 124.6M; diluted count 124.6M plus 347,619 OP Units
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- Weighted-average common shares outstanding: 124,565,976 for the three months ended September 30, 2026 and 121,626,484 for the nine months.
- Basic EPS share count was 124,363,105 (Q3) and 121,423,613 (nine months) after deducting 202,871 unvested restricted shares.
- Diluted share count was 124,602,961 (Q3) and 121,879,652 (nine months); adding 347,619 OP Units gives 124,950,580 and 122,227,271.
- Forward equity offerings added 38,597 incremental diluted shares in Q3 and 255,253 for the nine months, measured under the treasury stock method.
- Dilutive securities include share-based compensation of 201,259 (Q3) and 200,786 (nine months) and the April 2025 forward equity offering.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/917251/000091725126000066/0000917251-26-000066-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/917251/000091725126000066/adc-20261002.htm
  HTML page:      https://secwatch.observer/filing/0000917251-26-000066

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