<div id="readability-page-1"><div>Breslin Stephen Officer of Agree Realty Corp [ADC] filed a Form 4 on December 3, 2025 with the Securities and Exchange Commission disclosing the following changes in ownership:<div><table><tbody><tr><th>Date</th><th>Transaction</th><th>Shares</th><th>Price</th><th>Value</th></tr><tr><td>12/1/25</td><td>Exercise</td><td>602</td><td>$0.00</td><td>N/A</td></tr><tr><td>12/1/25</td><td>Surrender(1)</td><td>262</td><td>$74.64</td><td>$19,556</td></tr></tbody></table></div>Ending Holdings: 12,015 - Direct<ul><li>(1)</li><li>Surrender of shares back to company to pay option exercise cost and/or resulting tax liability.</li></ul>For a free trial, or to learn more about our insider trading analysis and data services, please visit http://www.washingtonservice.com or contact us at (301) 913-5100 or send an email to info@washingtonservice.com.Founded in 1970, The Washington Service provides securities professionals with financial, economic and public policy research and data. </div></div>

Officer Stephen Breslin of Agree Realty Corp filed a Form 4 with the SEC, disclosing changes in ownership. On December 1, 2025, he exercised 602 shares and surrendered 262 shares at $74.64 each to cover option exercise costs and tax liabilities. His ending holdings are 12,015 shares directly. The Washington Service offers insider trading analysis and data services.

Officer Breslin Acquires 340 Of Agree Realty Corp [ADC]