ADC · Insider Trading

Agree Realty Corporation

Every open-market purchase and sale reported by ADC officers, directors and 10%+ beneficial owners on SEC Form 4, which must be filed within two business days of the transaction. Sales often reflect scheduled 10b5-1 plans or tax withholding rather than a directional view, so read counts alongside the size and the filer.

Form 4 Filings
50
most recent
Open-Market Buys
19
code P
Sales
0
code S
Reporting Insiders
15
current holders
ADC — Recent Form 4 Transactions (latest 2026-09-23)
FiledInsiderRole TypeSharesValue
2026-09-23 Craig Erlich CHIEF GROWTH OFFICER Buy +1,000 +$67.55K
2026-09-17 Joey Agree PRESIDENT & CEO Buy +7,360 +$500.92K
2026-09-17 John Rakolta Jr Director Buy +20,000 +$1.38M
2026-09-02 John Rakolta Jr Director Buy +10,000 +$724.20K
2026-08-31 John Rakolta Jr Director Buy +20,136 +$1.47M
2026-08-21 Nicole Witteveen CHIEF OPERATING OFFICER F −293 −$21.80K
2026-06-08 Richard Agree EXECUTIVE CHAIRMAN OF BOARD Buy +5,000 +$357.05K
2026-05-19 John Rakolta Jr Director Buy +20,000 +$1.49M
2026-05-18 Joey Agree PRESIDENT & CEO Buy +13,295 +$1.00M
2026-05-18 Greg Lehmkuhl Director MIXED +5,068 +$218.85K
2026-05-18 Jerome R Rossi Director A +2,159 —
2026-05-18 John Rakolta Jr Director A +3,487 +$99.97K
2026-05-18 Michael Judlowe Director A +3,487 +$99.97K
2026-05-18 Michael Hollman Director A +2,159 —
2026-05-18 Linglong He Director A +3,487 +$99.97K
2026-05-18 Karen Dearing Director A +2,159 —
2026-05-18 Merrie S. Frankel Director A +432 —
2026-05-08 Craig Erlich CHIEF GROWTH OFFICER G −500 —
2026-04-03 John Rakolta Jr Director Buy +146 +$11.05K
2026-02-25 Richard Agree EXECUTIVE CHAIRMAN OF BOARD MIXED +3,492 −$363.05K
2026-02-25 Joey Agree PRESIDENT & CEO MIXED +23,122 −$3.29M
2026-02-25 Peter Coughenour CHIEF FINANCIAL OFFICER MIXED +8,112 −$349.09K
2026-02-25 Craig Erlich CHIEF GROWTH OFFICER MIXED +7,042 −$685.01K
2026-02-25 Nicole Witteveen CHIEF OPERATING OFFICER MIXED +7,866 −$249.54K
2026-02-25 Danielle M Spehar GENERAL COUNSEL MIXED +4,837 −$452.60K
2026-02-25 Stephen Breslin CHIEF ACCOUNTING OFFICER MIXED +1,046 −$117.00K
2026-01-13 Peter Coughenour CHIEF FINANCIAL OFFICER Buy +500 +$34.90K
2026-01-12 Richard Agree EXECUTIVE CHAIRMAN OF BOARD Buy +24,000 +$1.70M
2025-12-29 John Rakolta Jr Director MIXED +3,451 +$1.08M
2025-12-03 Stephen Breslin CHIEF ACCOUNTING OFFICER F −262 −$19.56K
2025-11-20 Richard Agree EXECUTIVE CHAIRMAN OF BOARD G −2,570 —
2025-11-20 Joey Agree PRESIDENT & CEO G +1,028 —
2025-10-09 John Rakolta Jr Director Buy +25,154 +$1.77M
2025-10-06 Craig Erlich CHIEF GROWTH OFFICER Buy +360 +$25.50K
2025-10-03 Joey Agree PRESIDENT & CEO Buy +3,528 +$249.18K
2025-09-08 Greg Lehmkuhl Director Buy +750 +$54.63K
2025-08-21 Nicole Witteveen CHIEF OPERATING OFFICER F −294 −$21.60K
2025-08-21 Craig Erlich CHIEF GROWTH OFFICER F −396 −$29.10K
2025-08-18 Joey Agree PRESIDENT & CEO Buy +2,100 +$151.37K
2025-08-14 Joey Agree PRESIDENT & CEO Buy +4,850 +$349.93K
2025-06-13 John Rakolta Jr Director Buy +10,000 +$743.40K
2025-04-10 John Rakolta Jr Director Buy +28,080 +$2.00M
2025-02-25 Richard Agree EXECUTIVE CHAIRMAN OF BOARD MIXED +3,303 −$288.41K
2025-02-25 Stephen Breslin CHIEF ACCOUNTING OFFICER MIXED +2,008 −$53.75K
2025-02-25 Peter Coughenour CHIEF FINANCIAL OFFICER MIXED +4,375 −$131.39K
2025-02-25 Craig Erlich CHIEF GROWTH OFFICER MIXED +8,194 −$245.80K
2025-02-25 Danielle M Spehar GENERAL COUNSEL MIXED +4,593 −$197.15K
2025-02-25 Nicole Witteveen CHIEF OPERATING OFFICER MIXED +4,986 −$86.89K
2025-02-25 Karen Dearing Director A +2,883 +$94.97K
2025-02-25 Merrie S. Frankel Director A +1,579 —
ADC — Current Insider Holders
InsiderRole Shares HeldValue
Joey Agree PRESIDENT & CEO 686,427 $44.27M
John Rakolta Jr Director 654,748 $42.22M
Richard Agree EXECUTIVE CHAIRMAN OF BOARD 578,055 $37.28M
Greg Lehmkuhl Director 34,464 $2.22M
Peter Coughenour CHIEF FINANCIAL OFFICER 31,057 $2.00M
Danielle M Spehar GENERAL COUNSEL 25,487 $1.64M
Nicole Witteveen CHIEF OPERATING OFFICER 23,274 $1.50M
Karen Dearing Director 15,616 $1.01M
Michael Judlowe Director 15,417 $994.24K
Stephen Breslin CHIEF ACCOUNTING OFFICER 14,536 $937.43K
Jerome R Rossi Director 12,351 $796.52K
Merrie S. Frankel Director 11,099 $715.77K
Michael Hollman Director 10,337 $666.65K
Linglong He Director 8,340 $537.86K
Craig Erlich CHIEF GROWTH OFFICER 4,998 $322.32K
ADC Insider Trading FAQ
Who are the insiders at ADC?
15 officers, directors and 10%+ beneficial owners currently report holdings in ADC via SEC Form 4.
Are ADC insiders buying or selling?
Across the 50 most recent Form 4 filings for ADC, 19 were open-market purchases (code P) and 0 were sales (code S). Sales frequently reflect scheduled 10b5-1 plans or tax withholding rather than a view on the stock.
How current is ADC insider data?
Form 4 must be filed within two business days of the transaction, so this is close to real time. The most recent ADC filing is dated 2026-09-23.
How to read Form 4 activity

Form 4 reports a change in beneficial ownership by an officer, director or 10%+ holder, and must be filed within two business days of the transaction — so this is close to real time, unlike the 45-day-lagged 13F institutional data.

Transaction codes matter more than the raw buy/sell count. Code P is an open-market purchase — an insider choosing to buy with their own money, which is the signal most research treats as informative. Code S is a sale, but sales are frequently pre-scheduled under a 10b5-1 plan or cover tax withholding on vesting equity, so a run of sales often says nothing directional. Codes A and M are grants and option exercises rather than open-market decisions.

Full filing history and per-insider positions are on the ADC quote page; the site-wide leaderboard is on the insider transactions hub.

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.