The Executive Chairman buying on the open market is a rare conviction signal. Despite the modest size relative to market cap, this adds to a building insider-buying cluster. Monitor upcoming Q2 operational data for confirmation of insider confidence in cash-flow trajectory.
Price Chart
Executive Summary
Executive Chairman Richard Agree made a single open-market purchase of 5,000 ADC shares at $71.41, totaling $357K. This is a material conviction buy by the top insider, representing a modest 0.004% of the company's $8.8B market cap and adding to 30-day insider buying of $2.9M.
Key Financial Metrics
Key Facts
- Executive Chairman Richard Agree purchased 5,000 shares at $71.41 on 2026-06-04
- Total purchase value: $357,000
- Market cap: $8.8B; purchase represents ~0.004% of market cap
- 30-day insider buying now totals $2.9M across 5 trades
- Insider buy cluster (4 buys in 30d + this purchase) is building conviction at the C-suite level
Financial Impact
$357K of open-market buying by Executive Chairman; cumulative 30-day insider buying of $2.9M
Risk Factors
- Purchase size is 0.004% of market cap — too small to be mechanically material for the stock
- Insider could have additional 10b5-1 buy plans not disclosed in this filing
- REIT preferred stock dynamics: the filing relates to common stock, not preferred — standard bullish signal applies
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| INSIDER-BUY Data (Synthetic) | ADC-1780916436701 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 2, 2026 4w ago | Insider Buy | $72.73 $71.23 | ▼ −2.06% | ▼ −0.91% | $65.88 (−9.42%) |
Aug 11, 2026 7w ago | Institutional Cluster | $74.36 $74.39 | ▲ +0.04% | ▲ +0.48% | $65.88 (−11.40%) |
Jul 2, 2026 13w ago | 8-K | $77.81 $77.85 | ▲ +0.05% | ▼ −0.88% | $65.88 (−15.33%) |
Jun 8, 2026 16w ago | Insider Buy | $73.24 $74.47 | ▲ +1.68% | ▼ −0.43% | $65.88 (−10.05%) |
May 18, 2026 19w ago | Insider Cluster | $75.77 $75.51 | ▼ −0.34% | ▼ −1.96% | $65.88 (−13.05%) |
May 18, 2026 19w ago | Insider Cluster | $75.77 $75.51 | ▼ −0.34% | ▼ −1.96% | $65.88 (−13.05%) |
May 18, 2026 19w ago | Insider Cluster | $75.77 $75.51 | ▼ −0.34% | ▼ −1.96% | $65.88 (−13.05%) |
Apr 24, 2026 22w ago | 8-K | $17.06 $17.05 | ▼ −0.06% | ▼ −0.46% | $65.88 (+286.17%) |
Apr 24, 2026 23w ago | 424B5 | $17.06 $17.05 | ▼ −0.06% | ▼ −0.46% | $65.88 (+286.17%) |
Apr 21, 2026 23w ago | 8-K | $17.06 $17.04 | ▼ −0.12% | ▼ −0.17% | $65.88 (+286.17%) |
US Market Status
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