ADC AGREE REALTY CORP

CIK 0000917251 50 ready 8-Ks latest July 30, 2026, 4:05 PM ET RSS · JSON

Activity: QUIET 0 filings / 30d vs 1 baseline

Ready 8-Ks 50

Latest filing July 30, 2026, 4:05 PM ET

Top materiality 0.80

Event mix other_material ×18 · earnings ×14 · other ×8

Sentiment 18 pos · 0 neg · 32 neu

Latest earnings reported 2026-Q1

Executive change recent →

Recent 8-K filings for ADC

Highest-materiality recent filing

Agree Realty Q2 AFFO $1.14, record investment $502M, raises 2026 guidance

July 30, 2026, 4:05 PM ET earnings materiality 0.80 positive item 2.02 item 9.01

AFFO per share $1.14 (+7.4% YoY); Core FFO $1.13 (+7.5% YoY); net income $0.44 (+2.2% YoY).
Record quarterly investment of $502M in 102 net lease properties; H1 total $925M.

Read filing →

July 30, 2026, 4:05 PM ET earnings materiality 0.80 positive item 2.02 item 9.01

Agree Realty Q2 AFFO $1.14, record investment $502M, raises 2026 guidance

AFFO per share $1.14 (+7.4% YoY); Core FFO $1.13 (+7.5% YoY); net income $0.44 (+2.2% YoY).
July 2, 2026, 4:05 PM ET other material materiality 0.30 neutral item 8.01

Agree Realty Reports Weighted-Average Common Shares Outstanding for Q2 2026

Weighted-average basic shares were 119,996,944 for the three months ended June 30, 2026.
May 14, 2026, 4:19 PM ET other material materiality 0.15 neutral item 5.07 item 9.01 ◈ Shareholder Votes ×3

Agree Realty annual meeting elects directors, ratifies auditor, approves say-on-pay

Stockholders re-elected directors John Rakolta Jr. (100.8M for) and Jerome Rossi (92.9M for) to three-year terms.
April 24, 2026, 7:59 PM ET other material materiality 0.60 neutral item 8.01 item 9.01

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

New ATM equity distribution agreement allows issuance of up to $1.75B in common stock.
April 21, 2026, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01 ◈ Earnings Releases

Agree Realty Q1 Core FFO $1.13 (+8.1% YoY); raises $658M forward equity

Net income $60.2M, diluted EPS $0.50 (+19.1% YoY).
April 2, 2026, 7:59 PM ET other material materiality 0.15 neutral item 8.01

Agree Realty reports Q1 2026 weighted-average basic shares of 119.9M, diluted 120.4M

Weighted-average basic shares: 119,856,418; diluted shares: 120,375,633.
February 26, 2026, 6:59 PM ET other material materiality 0.75 neutral item 7.01 item 9.01

Agree Realty enters forward equity sales for $623M; total forward equity $1.3B

Agreed to sell 8.3M shares via forward sale agreements, net proceeds over $623M.
February 10, 2026, 6:59 PM ET earnings materiality 0.80 positive item 2.02 item 9.01

Agree Realty Q4 AFFO $1.11 (+6.5%); FY25 AFFO $4.33; guides 2026 AFFO $4.54-$4.58, boosts investment guidance

Q4 2025 AFFO per share $1.11 (+6.5% YoY); Core FFO per share $1.10 (+7.3%). Net income $54.2M (+24.9%).
January 5, 2026, 6:59 PM ET other material materiality 0.75 positive item 7.01 item 8.01 item 9.01

Agree Realty posts $1.55B 2025 investment volume, guides 2026 to $1.25-1.50B

2025 total investment volume ~$1.55B across 338 properties; acquisitions of $1.44B at 7.2% cap rate.
November 18, 2025, 6:59 PM ET debt materiality 0.50 positive item 1.01 item 2.03 item 9.01

Agree Realty enters $350M term loan facility, cuts credit spreads on revolving and term loans

New $350M unsecured delayed draw term loan matures May 15, 2031; no borrowings outstanding at signing.
October 21, 2025, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01

Agree Realty Q3 AFFO $1.10, +7.2% YoY; raises 2025 guidance, dividend up 3.6%

Net income per share $0.45 (+7.9% YoY); Core FFO $1.09 (+8.4%); AFFO $1.10 (+7.2%).
October 2, 2025, 7:59 PM ET other materiality 0.10 neutral item 8.01

Agree Realty discloses weighted-average share counts for Q3 and YTD 2025

Basic weighted-average shares for Q3 2025: 111,277,316; diluted: 111,511,615.
July 31, 2025, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01

Agree Realty Q2 AFFO per share up 1.7% to $1.06, raises 2025 guidance

Q2 net income $0.43/sh (down 18.5% YoY); Core FFO $1.05 (+1.3%); AFFO $1.06 (+1.7%).
July 2, 2025, 7:59 PM ET other material materiality 0.10 neutral item 8.01

Agree Realty discloses weighted-average share counts for Q2 2025

Basic weighted-average shares for Q2 2025: 109,758,046; diluted: 110,377,221.
May 23, 2025, 7:59 PM ET debt materiality 0.35 neutral item 1.01 item 2.03 item 8.01 item 9.01 ◈ Debt Financings

Agree Realty subsidiary issues $400M of 5.600% Notes due 2035

$400M aggregate principal, 5.600% interest, matures June 15, 2035.
May 16, 2025, 7:59 PM ET debt materiality 0.60 neutral item 8.01 item 9.01

Agree Realty subsidiary to issue $400M of 5.600% Notes due 2035

Agree Limited Partnership to issue $400M of 5.600% Notes due 2035, guaranteed by parent Agree Realty Corp.
May 16, 2025, 7:59 PM ET other material materiality 0.50 neutral item 5.03 item 5.07 item 9.01

Agree Realty shareholders approve doubling authorized common shares to 360M

Shareholders approved charter amendment increasing authorized common shares from 180M to 360M (96.6M for, 2.1M against).
April 25, 2025, 7:59 PM ET other material materiality 0.60 neutral item 8.01 item 9.01

Agree Realty prices public offering of up to 5.175M shares at $75.70 per share

Up to 5,175,000 shares offered at $75.70 per share; underwriters option for 675,000 additional shares.
April 22, 2025, 7:59 PM ET earnings materiality 0.70 positive item 2.02 item 9.01

Agree Realty Q1 AFFO up 3%, raises 2025 investment guidance to $1.3-$1.5B

AFFO per share $1.06 (+3.0% YoY); Core FFO per share $1.04 (+3.1% YoY).
April 3, 2025, 7:59 PM ET other materiality 0.15 neutral item 8.01

Agree Realty reports Q1 2025 weighted-average diluted shares of 107.9M

Weighted-average basic shares: 107,048,557; diluted: 107,547,193 for three months ended March 31, 2025.
March 31, 2025, 7:59 PM ET debt materiality 0.50 neutral item 8.01

Agree Realty subsidiary establishes $625M commercial paper program

Agree Limited Partnership created a CP program with aggregate principal up to $625M.
February 11, 2025, 6:59 PM ET earnings materiality 0.80 positive item 2.02 item 9.01

Agree Realty Q4 AFFO per share $1.04, up 4.7% YoY; issues 2025 AFFO guidance of $4.26-$4.30

Q4 AFFO per share $1.04 (+4.7% YoY); Core FFO $1.02 (+3.5%); Net income $0.41 (-5.7%).
January 6, 2025, 6:59 PM ET other material materiality 0.75 positive item 7.01 item 8.01 item 9.01

Agree Realty reports $951M 2024 investment, guides 2025 to $1.1-1.3B

2024 acquisition volume $867M at 7.5% cap rate; 65.6% of acquired rents from investment grade.
December 12, 2024, 6:59 PM ET other material materiality 0.55 neutral item 5.03 item 9.01 ◈ Governance Changes

Agree Realty amends bylaws to add proxy access, stockholder amendment rights, director resignation policy

Proxy access: stockholders owning 3%+ for 3 years can nominate up to greater of 2 directors or 20% of board.
October 28, 2024, 7:59 PM ET other material materiality 0.60 neutral item 8.01 item 9.01

Agree Realty closes public offering of 5.72M shares at $74.00 for gross proceeds ~$423M

October 24, 2024: Underwriting agreement for 5,060,000 shares (plus 660,000 over-allotment exercised) at $74.00/share.
October 25, 2024, 7:59 PM ET other material materiality 0.55 neutral item 8.01 item 9.01

Agree Realty enters into $1.25B ATM equity distribution program, replacing prior program.

Up to $1.25B of common stock may be sold at-the-market under new agreement.
October 22, 2024, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01

Agree Realty Q3 2024 Core FFO $1.01, raises acquisition guidance to $850M, AFFO guidance to $4.12-$4.14

Net income per share $0.42 (+2.6% YoY); Core FFO $1.01 (+2.2%); AFFO $1.03 (+2.8%).
October 2, 2024, 7:59 PM ET other materiality 0.20 neutral item 8.01

Agree Realty discloses weighted-average share counts for Q3 2024; diluted shares ~102.1M

Basic weighted-average shares for Q3 2024: 100,383,207; diluted shares (incl. OP units): 102,062,930.
August 8, 2024, 7:59 PM ET debt materiality 0.65 positive item 1.01 item 2.03 item 9.01

Agree Realty ups revolver to $1.25B, extends maturity to 2028, lowers pricing spread

Borrowing capacity increased to $1.25 billion from $1.0 billion under new credit agreement.
July 23, 2024, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01

Agree Realty Q2 AFFO per share $1.04 (+6.4% YoY); raises 2024 guidance and acquisition outlook

Net income per share up 25.6% to $0.52; Core FFO per share $1.03 (+5.7%); AFFO per share $1.04 (+6.4%).
July 3, 2024, 7:59 PM ET other materiality 0.15 neutral item 8.01

Agree Realty announces Q2 2024 weighted-average diluted shares of 100.8M

Weighted-average diluted shares (incl. OP units): 100,802,322 for Q2 2024.
May 23, 2024, 7:59 PM ET other material materiality 0.40 neutral item 5.02 item 5.07 item 9.01

Stockholders approve Agree Realty's 2024 Omnibus Incentive Plan authorizing 2M shares

All four director nominees elected (Agree, Dearing, He, Hollman) with >75.8M votes for each.
May 13, 2024, 7:59 PM ET debt materiality 0.55 neutral item 1.01 item 2.03 item 8.01 item 9.01 ◈ Debt Financings

Agree Realty subsidiary issues $450M 5.625% Notes due 2034

Agree Limited Partnership issued $450M aggregate principal of 5.625% senior unsecured Notes due June 15, 2034.
May 8, 2024, 7:59 PM ET debt materiality 0.65 neutral item 8.01 item 9.01

Agree Realty subsidiary issues $450M of 5.625% Notes due 2034

Agree Limited Partnership priced $450M aggregate principal amount of 5.625% notes maturing in 2034.
April 23, 2024, 7:59 PM ET earnings materiality 0.70 positive item 2.02 item 9.01 ◈ Earnings Releases

Agree Realty Q1 AFFO per share up 4.6% to $1.03; guides FY2024 AFFO $4.10-$4.13

AFFO per share Q1: $1.03, up 4.6% YoY; Core FFO per share $1.01, up 3.5%.
April 3, 2024, 7:59 PM ET other materiality 0.10 neutral item 8.01

Agree Realty reports Q1 2024 weighted-average share count for EPS

Weighted-average basic shares: 100,284,588 for three months ended March 31, 2024.
March 1, 2024, 6:59 PM ET other material materiality 0.55 positive item 7.01 item 9.01

Agree Realty provides YTD update: ~$200M acquisitions pipeline, 20 development/DFP projects totaling $81M

Approximately $200M of acquisitions closed, under contract or under LOI year-to-date.
February 16, 2024, 6:59 PM ET other material materiality 0.70 neutral item 8.01 item 9.01

Agree Realty enters $1B ATM equity distribution agreement, terminates prior program

Up to $1B in aggregate offering price of common stock may be sold through 15 sales agents and forward purchasers.
February 13, 2024, 6:59 PM ET earnings materiality 0.75 neutral item 2.02 item 9.01 ◈ Earnings Releases

Agree Realty Q4 AFFO per share $1.00 (+5.2% YoY); 2023 investments total $1.34B

Q4 Net Income per share $0.44 (unchanged YoY); Core FFO per share $0.99 (+3.4%); AFFO per share $1.00 (+5.2%).
January 3, 2024, 6:59 PM ET other material materiality 0.65 neutral item 7.01 item 8.01 item 9.01

Agree Realty reports $1.34B total investment activity in 2023; raises $236M forward equity

Total 2023 real estate investment activity (acquisitions, development, DFP) of $1.34B across 319 properties.
December 11, 2023, 6:59 PM ET leadership materiality 0.15 neutral item 5.02 item 7.01 item 9.01 ◈ executive_change

Agree Realty appoints Linglong He to Board of Directors, effective Jan 1, 2024

Board size increased to 10 members; He will stand for election at 2024 Annual Meeting.
October 24, 2023, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01 ◈ Earnings Releases ×2

Agree Realty Q3 AFFO per share up 4.2% to $1.00; acquisition guidance raised to $1.3B

Net income per share $0.41, down 12.4% YoY; Core FFO per share $0.99, up 2.1%; AFFO per share $1.00, up 4.2%.
October 4, 2023, 7:59 PM ET other materiality 0.25 neutral item 8.01

Agree Realty discloses Q3 2023 weighted-average share counts for EPS

Basic shares outstanding: 97,255,143; diluted: 97,349,473 for three months ended Sep 30, 2023.
September 28, 2023, 7:59 PM ET leadership materiality 0.30 neutral item 5.02 item 9.01

Agree Realty enters new employment agreement with CEO Joel Agree, no fixed term

New employment agreement with CEO Joel Agree has no fixed expiration date, supersedes prior agreement expiring Sept 30, 2023.
September 18, 2023, 7:59 PM ET leadership materiality 0.50 neutral item 5.02 ◈ executive_change ×2

Nicole Witteveen appointed COO, Craig Erlich named Chief Growth Officer at Agree Realty

Nicole Witteveen, former EVP People & Culture and Chief of Staff, appointed COO effective September 18, 2023.
August 1, 2023, 7:59 PM ET earnings materiality 0.70 positive item 1.01 item 2.02 item 2.03 item 9.01 ◈ Earnings Releases ×2◈ Material Agreements

Agree Realty Q2 AFFO per share $0.98 (+1.1%); ups 2023 acquisition guidance to at least $1.3B

Net income $39.0M (+14.3% YoY); diluted EPS $0.42 (-7.2% YoY) on higher share count.
July 5, 2023, 7:59 PM ET other materiality 0.10 neutral item 8.01

Agree Realty reports weighted-average share counts for Q2 2023

Basic shares: 93,053,870 (Q2), 91,549,390 (6 months); diluted: 93,134,385 (Q2), 91,862,290 (6 months).
May 11, 2023, 7:59 PM ET other materiality 0.15 neutral item 5.07 ◈ Shareholder Votes ×4

Agree Realty shareholders reelect three directors, ratify auditor in annual vote

Merrie Frankel, John Rakolta Jr., Jerome Rossi reelected as directors; no opposing nominees.
May 5, 2023, 7:59 PM ET other material materiality 0.35 neutral item 8.01 item 9.01

Agree Realty files new S-3 shelf, updates ATM equity program, adds Baird as agent

Filed new $0.0001 par value common stock shelf registration statement (Form S-3) effective immediately.
May 4, 2023, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01 ◈ Earnings Releases

Agree Realty Q1 AFFO per share up 1.5% to $0.98; raises 2023 acquisition guidance to at least $1.2B

Net income per share fell 8.6% YoY to $0.44; Core FFO per share rose 0.6% to $0.98.

Executive changes

Appointed

Linglong He

Director

ADC · AGREE REALTY CORP

Effective: 2024-01-01
Filed: December 11, 2023, 6:59 PM ET

voted to appoint Linglong He to the Board, effective as of January 1, 2024 (the “Effective Date”).

Appointed

Nicole Witteveen

Chief Operating Officer

ADC · AGREE REALTY CORP

Effective: 2023-09-18
Filed: September 18, 2023, 7:59 PM ET

appointed Nicole Witteveen, the Company’s current Executive Vice President, People and Culture, and Chief of Staff, to serve as the Company’s Chief Operating Officer, effective as of September 18, 2023

Role change

Craig Erlich

Chief Growth Officer

ADC · AGREE REALTY CORP

Effective: 2023-09-18
Successor: Nicole Witteveen
Filed: September 18, 2023, 7:59 PM ET

appointed Craig Erlich, the Company’s current Chief Operating Officer, to serve as the Company’s Chief Growth Officer.

Appointed

Stephen Breslin

Chief Accounting Officer

ADC · AGREE REALTY CORP

Effective: 2022-06-03
Filed: May 25, 2022, 7:59 PM ET

The Company has appointed Stephen Breslin, the Company’s current Deputy Chief Accounting Officer, as Mr. Wolff’s successor effective as of June 3, 2022.

Departed

David Wolff

Chief Accounting Officer

ADC · AGREE REALTY CORP

Effective: 2022-06-03
Successor: Stephen Breslin
Filed: May 25, 2022, 7:59 PM ET

David Wolff, Chief Accounting Officer of Agree Realty Corporation (the “Company”), informed the Company of his plans to retire from his position, effective June 3, 2022.

Departed

William S. Rubenfaer

Director

ADC · AGREE REALTY CORP

Effective: 2021-12-31
Filed: December 22, 2021, 6:59 PM ET

On December 21, 2021, William S. Rubenfaer, a director of Agree Realty Corporation (the “Company”), notified the Company that he would retire from the Company’s Board of Directors, effective December 31, 2021.

Role change

Peter Coughenour

Chief Financial Officer

ADC · AGREE REALTY CORP

Effective: 2021-12-07
Filed: December 8, 2021, 6:59 PM ET

On December 7, 2021, the Company promoted Peter Coughenour to Chief Financial Officer of the Company, effective as of such date.

Appointed

Michael Judlowe

Director

ADC · AGREE REALTY CORP

Effective: 2021-09-10
Filed: September 13, 2021, 7:59 PM ET

On September 10, 2021, the Board of Directors (the “Board”) of Agree Realty Corporation (the “Company”) voted to increase the size of the Board to ten members and voted to appoint Michael Judlowe to the Board to fill the vacancy created by the increase in Board size, effective September 10, 2021.

Departed

Laith Hermiz

Executive Vice President, Real Estate

ADC · AGREE REALTY CORP

Effective: 2021-09-10
Filed: August 27, 2021, 7:59 PM ET

On August 23, 2021, Laith Hermiz submitted his resignation, effective as of September 10, 2021, from his position as Executive Vice President, Real Estate of Agree Realty Corporation (the “Company”).

Appointed (interim)

Peter Coughenour

interim Chief Financial Officer

ADC · AGREE REALTY CORP

Effective: 2021-08-10
Filed: August 11, 2021, 7:59 PM ET

The Company appointed Peter Coughenour to serve as the Company’s interim Chief Financial Officer, effective as of the date of Mr. Leopold’s departure.

Departed

Simon Leopold

Executive Vice President, Chief Financial Officer and Secretary

ADC · AGREE REALTY CORP

Effective: 2021-08-10
Successor: Peter Coughenour
Filed: August 11, 2021, 7:59 PM ET

On August 10, 2021, Simon Leopold submitted his resignation from his positions as Executive Vice President, Chief Financial Officer and Secretary of Agree Realty Corporation (the “Company”).

Earnings & guidance

2026-Q1 EPS reported $0.50 filing →

Materiality & sentiment trend

Max materiality 0.80 · Median 0.57 · Most common event other_material

18 positive 0 negative 32 neutral

source · ADC on sec.gov