{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-027250","form_type":"8-K","ticker":"ADC","cik":"0000917251","company_name":"AGREE REALTY CORP","filed_at":"2026-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.932044+00:00","generated_at":"2026-05-15T04:21:55.137320+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Agree Realty launches up to $1.75B ATM equity program with forward sales","bullets":["New ATM equity distribution agreement allows issuance of up to $1.75B in common stock.","Prior ATM program from October 2024 terminated simultaneously.","Shares may be sold through sales agents or via forward sale agreements with forward purchasers.","Sales agent commission capped at 2.0% of gross proceeds per share sold.","Company may elect to physically, cash, or net share settle forward transactions."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-027250","json":"https://secwatch.observer/filing/0001628280-26-027250.json","markdown":"https://secwatch.observer/filing/0001628280-26-027250.md","text":"https://secwatch.observer/filing/0001628280-26-027250.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/917251/000162828026027250/0001628280-26-027250-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/917251/000162828026027250/adc-20260424.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T04:21:55.137320+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}