secwatch.observer — SEC 8-K summary
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Issuer:     AGREE REALTY CORP (ADC)
CIK:        0000917251
Form:       8-K
Filed at:   2024-12-12T23:59:59+00:00
Accession:  0001104659-24-128020
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Agree Realty amends bylaws to add proxy access, stockholder amendment rights, director resignation policy
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- Proxy access: stockholders owning 3%+ for 3 years can nominate up to greater of 2 directors or 20% of board.
- Stockholders now authorized to amend bylaws by majority vote; previously board-only power.
- Incumbent directors must offer resignation if they fail to receive majority support in uncontested election.
- Amendments also include ministerial and clarifying changes; full bylaws filed as Exhibit 3.1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/917251/000110465924128020/0001104659-24-128020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/917251/000110465924128020/tm2430939d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-128020

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