Three different insiders at Agree Realty Corp (NYSE: ADC) bought stock in the same window, and together they committed $1.94 million to the shares. The filings are dated September 21st, 2026. Purchases by more than one insider in the same stretch are worth separating from a single routine transaction, because they involve independent decisions by independent people.
The buyers on record are Joey Agree, Craig Erlich and John Rakolta Jr. Each name appears on its own filing. The combined figure above is the total across all three, not the amount attributable to any single one of them.
Agree Realty Corp operates in the Real Estate Investment Trusts sector. That matters for context: REIT insiders are compensated heavily in stock and units, so their filings tend to be crowded with grants, vesting events and tax withholding lines. Open market purchases are a different item, and that is what this group of filings covers.
Joey Agree is the largest name in the group by profile and is listed first among the three buyers. Craig Erlich and John Rakolta Jr. round out the set. We are not attributing motive to any of them. The filing shows a purchase, a date and a dollar amount, and that is the extent of what the record supports.
The transaction date on all three filings is September 21st, 2026. Shares of Agree Realty Corp last changed hands at $67.48. Readers who want to judge whether the insiders bought into strength or into weakness should measure that last price against their own chart window, because we are not publishing a performance figure that is not in our reconciled table.
Some context on how to read a cluster like this one. The number of distinct buyers is often more informative than the headline dollar figure. A $1.94 million total from three people is a different signal than $1.94 million from one person, because it is harder to explain three simultaneous decisions as a one off portfolio adjustment or a scheduled plan. It is not proof of anything about future returns.
The other thing to hold onto is scale. Insider purchases at a REIT sit alongside dividend income, unit conversions and long standing personal stakes that may already be large. A purchase adds to a position; it does not by itself tell you how big that position now is, and nothing in these filings establishes a target price or a timeline. Anyone sizing a decision on this should pull the full ownership history rather than stopping at the transaction line.
Agree Realty Corp trades on the NYSE under the ticker ADC. The three filings covered here were made by individuals, not institutions, which is the distinction that puts them in the insider column rather than the fund flow column.
Figures in this article come from Form 4 filings as collected and reconciled in our own insider tables, and cover the buyers named above for the date given.
For the full buying and selling history, ownership detail and filing archive, see our company page at /companies/ADC.