Follow the Filings · Data · ADC · Form 4
SEC Form 4 · ADC · filed Sep 23, 2026

ADC: CHIEF GROWTH OFFICER bought $67,550 of AGREE REALTY CORP

The filing shows 1 Table I transaction by a CHIEF GROWTH OFFICER of AGREE REALTY CORP: bought $67,550. Source document and our reading of it are below; the SEC filing is the record, this page is the index.

Freshness

07:00:20SEC acceptance (ET) · Sep 23, 2026
07:16:02first seen by FTF (ET) · SEC current-filings feed
15 min 42 sacceptance → first seen

UTC: accepted 2026-09-23T11:00:20Z · seen 2026-09-23T11:16:02Z. Measured per filing; the distribution for every day is on coverage.

What the filing shows (Table I)

Trade dateCodeSharesPriceValueOwned after
Sep 21, 2026P · Open-market or private purchase1,000$67.55$67,55060,388
Reporting person
Erlich Craig · CHIEF GROWTH OFFICER
Issuer
AGREE REALTY CORP · CIK 917251
Accession
0001747962-26-000007
Source
SEC filing index · complete submission
Rule 10b5-1
checkbox not captured by our parser yet — check the filing

Checks

Cluster buyPrice check: consistent

filing price is 1.00× the 2026-09-21 close (close $67.62 on 2026-09-21). Band: filing price within 0.4–2.5× of the last market close on or before the trade date; a filing outside the band is not published. Rows dropped by our data checks (duplicates, superseded amendments, impossible values, bulk program events, price outside the band) are excluded from every number on this page.

ADC insider flow — 30 days to this filing

$4,142,870open-market buys · 6 rows · 3 insiders
$0open-market sells · 0 rows · 0 insiders
+$4,142,870net open-market flow
Cluster buy — 3 distinct insiders, $1,944,072 of open-market purchases between Sep 16, 2026 and Sep 21, 2026.
Definition: 3 or more distinct insiders reported open-market purchases within a 10-trading-day window, and the net open-market flow over the whole period shown is positive. The label is data, not a judgement.
FiledReporting personCodesRowsBuysSellsFiling
Aug 31, 2026RAKOLTA JOHN JR · DirectorP2$1,474,599—0001528153-26-000011
Sep 02, 2026RAKOLTA JOHN JR · DirectorP1$724,200—0001528153-26-000013
Sep 17, 2026Agree Joey · PRESIDENT & CEOP1$500,922—0001348490-26-000006
Sep 17, 2026RAKOLTA JOHN JR · DirectorP1$1,375,600—0001528153-26-000015
Sep 23, 2026Erlich Craig · CHIEF GROWTH OFFICERP1$67,550—0001747962-26-000007 (this filing)

Reading

The most ordinary reading of several insiders buying in the same window is directors and officers adding to holdings in an open trading window, often after results are public. Form 4 does not state a reason, and this page does not infer one.

Scope: SEC Form 4, Table I (non-derivative) only — Table II (options, RSUs) is not shown; on multi-owner filings the first reporting owner; Senate PTRs are covered, House is not. Every filing is reconciled daily against EDGAR's own index — see coverage.
Generated 2026-09-23 11:16 UTC from our reconciled ledger. Amended filings (Form 4/A) replace this page with a notice, they do not delete it. Found an error? hello@followthefilings.io.