---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-050018"
form_type: "8-K"
ticker: "ADC"
cik: "0000917251"
company_name: "AGREE REALTY CORP"
filed_at: "2025-05-16T23:59:59+00:00"
generated_at: "2026-05-21T04:10:28.256029+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Agree Realty shareholders approve doubling authorized common shares to 360M

## Summary
- Shareholders approved charter amendment increasing authorized common shares from 180M to 360M (96.6M for, 2.1M against).
- Directors Joel Agree, Michael Judlowe, and Gregory Lehmkuhl reelected with >86M votes each, broker non-votes of 5.85M.
- Grant Thornton LLP ratified as independent auditor for 2025 (97.8M for, 0.98M against).
- Non-binding advisory vote on executive compensation approved with 87.5M for, 5.4M against.

## SEC filing metadata
- accession: 0001104659-25-050018
- form_type: 8-K
- ticker: ADC
- cik: 0000917251
- company_name: AGREE REALTY CORP
- filed_at: 2025-05-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.03, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/917251/000110465925050018/0001104659-25-050018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/917251/000110465925050018/tm2515322d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-050018
- JSON: https://secwatch.observer/filing/0001104659-25-050018.json
- Plain text: https://secwatch.observer/filing/0001104659-25-050018.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.