secwatch.observer — SEC 8-K summary
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Issuer:     AGREE REALTY CORP (ADC)
CIK:        0000917251
Form:       8-K
Filed at:   2025-05-16T23:59:59+00:00
Accession:  0001104659-25-050018
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Agree Realty shareholders approve doubling authorized common shares to 360M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/917251/000110465925050018/0001104659-25-050018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/917251/000110465925050018/tm2515322d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-050018

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer