Recent 8-K filings for ADC

• April 24, 2026, 7:59 PM ET other material materiality 0.60 neutral item 8.01item 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 2.02item 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).

• February 26, 2026, 6:59 PM ET other material materiality 0.75 neutral item 7.01item 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 2.02item 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 7.01item 8.01item 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.

• October 21, 2025, 7:59 PM ET earnings materiality 0.75 positive item 2.02item 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%).

• July 31, 2025, 7:59 PM ET earnings materiality 0.75 positive item 2.02item 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%).

• May 16, 2025, 7:59 PM ET debt materiality 0.60 neutral item 8.01item 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.

• April 25, 2025, 7:59 PM ET other material materiality 0.60 neutral item 8.01item 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 2.02item 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).

• February 11, 2025, 6:59 PM ET earnings materiality 0.80 positive item 2.02item 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 7.01item 8.01item 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.

• October 28, 2024, 7:59 PM ET other material materiality 0.60 neutral item 8.01item 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 22, 2024, 7:59 PM ET earnings materiality 0.75 positive item 2.02item 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%).

• August 8, 2024, 7:59 PM ET debt materiality 0.65 positive item 1.01item 2.03item 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 2.02item 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%).

• May 8, 2024, 7:59 PM ET debt materiality 0.65 neutral item 8.01item 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 2.02item 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%.

Earnings & guidance

Materiality & sentiment trend

Max materiality 0.80 · Median 0.60 · Most common event other_material

13 positive 0 negative 21 neutral

source · ADC on sec.gov