{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-059228","form_type":"8-K","ticker":"ADC","cik":"0000917251","company_name":"AGREE REALTY CORP","filed_at":"2023-05-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.798343+00:00","generated_at":"2026-06-15T05:35:34.228194+00:00","sec_items":["5.07"],"event_type":"other","sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"confidence":"high","headline":"Agree Realty shareholders reelect three directors, ratify auditor in annual vote","bullets":["Merrie Frankel, John Rakolta Jr., Jerome Rossi reelected as directors; no opposing nominees.","Grant Thornton LLP ratified as independent auditor for 2023 with 79M for, 634K against.","Non-binding say-on-pay approved with 71.7M votes for (3.6M against).","Advisory vote on executive compensation frequency set to every year, as board recommended."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-059228","json":"https://secwatch.observer/filing/0001104659-23-059228.json","markdown":"https://secwatch.observer/filing/0001104659-23-059228.md","text":"https://secwatch.observer/filing/0001104659-23-059228.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/917251/000110465923059228/0001104659-23-059228-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/917251/000110465923059228/tm2315585d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T05:35:34.228194+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"00048fe8b24d6ed74ab16463ca12eeb9ed4b3500","claim":"AGREE REALTY CORP shareholders approved Election of three directors to serve until the annual meeting of stockholders in 2026 at the 2023-05-11 meeting.","evidence_excerpt":"Election of Directors : Director Votes For Votes Withheld Broker Non-Votes Merrie Frankel 69,866,104 5,463,959 4,411,069 John Rakolta, Jr. 74,119,408 1,210,655 4,411,069 Jerome Rossi 70,444,580 4,885,483 4,411,069","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/917251/000110465923059228/0001104659-23-059228-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-11"}],"fact_type":"shareholder_vote"},{"claim_id":"b9358b0efd27639cef1faa151e2930aee1614047","claim":"AGREE REALTY CORP shareholders approved Approval, by non-binding vote, of executive compensation at the 2023-05-11 meeting.","evidence_excerpt":"Approval, by Non-Binding Vote, of Executive Compensation: Votes For Votes Against Abstentions Broker Non-Votes 71,683,743 3,568,852 77,468 4,411,069","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/917251/000110465923059228/0001104659-23-059228-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-11"}],"fact_type":"shareholder_vote"},{"claim_id":"c3d9211fdcfb89ccd17dac360ee06e1821ebdfd5","claim":"AGREE REALTY CORP shareholders approved Approval, by non-binding vote, of frequency of advisory votes on executive compensation (every one, two, or three years) at the 2023-05-11 meeting.","evidence_excerpt":"Approval, by Non-Binding Vote, of Frequency of Executive Compensation Votes: 1 Year 2 Years 3 Years Abstentions 73,402,401 23,339 1,843,068 61,255","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/917251/000110465923059228/0001104659-23-059228-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay frequency"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-11"}],"fact_type":"shareholder_vote"},{"claim_id":"ea64e431d26f19cc708958961f1626b0b1bf1c2d","claim":"AGREE REALTY CORP shareholders approved Ratification of the appointment of Grant Thornton LLP as the Company's independent registered public accounting firm for 2023 at the 2023-05-11 meeting.","evidence_excerpt":"Ratification of Appointment of Independent Registered Public Accounting Firm: Votes For Votes Against Abstentions Broker Non-Votes 79,077,694 634,356 29,082 0","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/917251/000110465923059228/0001104659-23-059228-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"auditor ratification"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-11"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}