Insider Tracker SEC Form 4 insider trades
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ADC

AGREE REALTY CORP

Real Estate Real Estate Investment Trusts Market cap: $8.2B All insider activity → Quote and statistics → Sign in to watch ADC Sign in to set a price alert
64
Insider Score Band 60–79

Research score, not a recommendation.

Total bought$1.7M6 Form 4 purchases
Distinct insiders4open-market buyers
Lead insiderAGREE RICHARDChair
Cluster window2023-12-11 → 2024-01-10closed

Market data

Live quote and chart from Yahoo Finance, loaded through this server. Insider purchases are marked on the chart.

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Why this score

Research score: a weighted blend of the five factors, times the routine and offering discounts, minus the selling penalty.

Breadth number & diversity of participating insiders
63%
Seniority executive rank of buyers (CEO/CFO/Director)
91%
Commitment purchase size relative to company & holdings
46%
Context buying into stock weakness signals conviction
48%
Timing coordinated purchases within a tight window
69%
Routine-purchase discount × 1.00
Company-type / offering discount × 1.00
Net insider selling penalty − 0

Why are they buying?

No explanation has been generated for this cluster. The filings in the table below are the primary evidence.

Stock Price & Insider Purchase History

Daily close price with open-market insider purchases plotted over time

Loading price history…

Transactions

6 Form 4 trades · 4 insiders Sign in to download CSV
Purchases in this cluster, grouped by insider, largest first
Date Insider Role Shares Price Value Filing
2023-12-20 → 2023-12-21 RAKOLTA JOHN JR 32 purchases with a 63-day result · median +1.3% Director 13,335 $62.44 avg $832.6K
2023-12-20 RAKOLTA JOHN JR 13,000 $62.44 $811.7K SEC filing for RAKOLTA JOHN JR (opens in a new tab)
2023-12-21 RAKOLTA JOHN JR 335 $62.41 $20.9K SEC filing for RAKOLTA JOHN JR (opens in a new tab)
2024-01-10 AGREE RICHARD 11 purchases with a 63-day result · median +3.8% Chair 10,500 $62.57 $657.0K SEC filing for AGREE RICHARD (opens in a new tab)
2023-12-11 Agree Joey 20 purchases with a 63-day result · median -2.8% CEO 2,650 $58.48 avg $155.0K
2023-12-11 Agree Joey 1,350 $58.47 $78.9K SEC filing for Agree Joey (opens in a new tab)
2023-12-11 Agree Joey 1,300 $58.49 $76.0K SEC filing for Agree Joey (opens in a new tab)
2023-12-15 Lehmkuhl Greg 14 purchases with a 63-day result · median -3.5% Director 1,700 $61.17 $104.0K SEC filing for Lehmkuhl Greg (opens in a new tab)
Total $1.7M

Other buying runs at ADC

A run ends after a pause in the buying, so one company can have several. Returns are the stock's return minus its benchmark's (IWM for small companies, SPY otherwise), from the first open after the run became a cluster. Past results, not a forecast.

After this run became a cluster: 21 days -7.7%63 days -18.8%126 days -15.2%

Other insider buying runs at this company, newest first, with the return against the benchmark that followed
Window Insiders Total Score 21 days63 days126 days Status
2026-08-27 → 2026-09-21 3 $4.1M 70 ––– active
2026-05-14 → 2026-06-04 4 $2.9M 75 -4.1%-4.5%– active
2025-12-24 → 2026-01-09 3 $2.8M 50 +9.7%+9.5%+7.0% closed
2025-08-13 → 2025-10-07 4 $2.6M 59 +2.4%-2.3%+10.0% closed
2024-02-15 → 2024-03-14 4 $3.5M 67 +1.5%+8.0%+24.5% closed
2023-09-21 → 2023-10-02 3 $3.7M 65 +2.3%+3.6%-16.6% closed
2023-08-02 → 2023-08-15 5 $4.6M 73 -4.5%-4.2%-16.1% closed
2023-05-08 → 2023-05-26 5 $2.5M 68 -5.7%-11.1%-18.4% closed
2021-09-13 → 2021-10-08 6 $2.1M 64 +2.2%-3.4%-6.3% closed
2021-02-22 → 2021-03-03 6 $3.9M 71 +3.2%+5.5%+1.5% closed
2020-03-09 → 2020-04-03 5 $295.5K 45 -11.9%-9.0%-21.2% closed
2019-12-09 → 2019-12-17 4 $1.7M 49 +3.7%+6.8%+1.0% closed