John Rakolta, Jr. Acquires 146 Shares of Agree Realty Stock

The director's purchase represents a small increase in his position in the real estate investment trust.

Apr. 5, 2026 at 10:36am

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Agree Realty Corporation (NYSE:ADC) Director John Rakolta, Jr. acquired 146 shares of the company's stock in a transaction on April 1, 2026. The shares were purchased at an average cost of $75.69 per share, with a total value of $11,050.74. Following the transaction, Rakolta now directly owns 146 shares of the company's stock, valued at $11,050.74.

Why it matters

Insider purchases can provide insight into management's confidence in a company's prospects. Agree Realty is a real estate investment trust that focuses on acquiring and managing a portfolio of retail properties, so Rakolta's purchase may signal his belief in the company's ability to continue generating returns for shareholders.

The details

Rakolta's purchase represents a small increase in his position in Agree Realty. The company's stock opened at $76.63 on Friday, April 5, 2026, within the 52-week range of $68.98 to $82.08. Agree Realty has a market capitalization of $9.2 billion and a dividend yield of 4.1%.

  • The transaction occurred on Wednesday, April 1, 2026.

The players

John Rakolta, Jr.

A director of Agree Realty Corporation, a real estate investment trust focused on acquiring and managing a portfolio of retail properties.

Agree Realty Corporation

A publicly traded real estate investment trust headquartered in Chicago, Illinois that focuses on acquiring, developing, and managing a diversified portfolio of retail properties under long-term, triple-net (NNN) leases.

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The takeaway

Rakolta's purchase of additional Agree Realty shares suggests he remains confident in the company's ability to generate returns for shareholders through its retail property portfolio. However, the relatively small size of the transaction indicates it is unlikely to significantly impact the company's overall performance.