---
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"
generated_at: "2026-05-15T04:21:55.137320+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Agree Realty launches up to $1.75B ATM equity program with forward sales

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-027250
- JSON: https://secwatch.observer/filing/0001628280-26-027250.json
- Plain text: https://secwatch.observer/filing/0001628280-26-027250.txt

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