The estimated Net Worth of Richard Agree is at least $10.8 Миллион dollars as of 29 February 2024. Mr. Agree owns over 16,000 units of Agree Realty stock worth over $10,319,546 and over the last 21 years he sold ADC stock worth over $0. In addition, he makes $471,022 as Executive Chairman of the Board and Director at Agree Realty.
Richard has made over 17 trades of the Agree Realty stock since 2004, according to the Form 4 filled with the SEC. Most recently he bought 16,000 units of ADC stock worth $888,000 on 29 February 2024.
The largest trade he's ever made was buying 25,000 units of Agree Realty stock on 4 May 2017 worth over $1,118,250. On average, Richard trades about 5,181 units every 167 days since 2004. As of 29 February 2024 he still owns at least 135,855 units of Agree Realty stock.
You can see the complete history of Mr. Agree stock trades at the bottom of the page.
Richard Agree is Executive Chairman of the Board and Director of the Company. From December 1993 until January 2013, he was our Chief Executive Officer and Chairman of the Board. Prior thereto, he worked as managing partner of the general partnerships which held our properties prior to the formation of our Company and the initial public offering and was President of the predecessor company since 1971. Mr. Richard Agree has managed and overseen the development of over eight million square feet of retail real estate during the past 48 years. He is a graduate of the Detroit College of Law, a member of the State Bar of Michigan and the International Council of Shopping Centers. Mr. Richard Agree is the father of Mr. Joel Agree, our Chief Executive Officer and one of our Directors.
As the Executive Chairman of the Board and Director of Agree Realty, the total compensation of Richard Agree at Agree Realty is $471,022. There are 9 executives at Agree Realty getting paid more, with Joel Agree having the highest compensation of $5,405,420.
Richard Agree is 76, he's been the Executive Chairman of the Board and Director of Agree Realty since 2013. There are 2 older and 16 younger executives at Agree Realty. The oldest executive at Agree Realty Corp. is Farris Kalil, 81, who is the Independent Director.
Richard's mailing address filed with the SEC is 32301, Woodward Avenue, Royal Oak, Oakland County, Michigan, 48073, United States.
Over the last 21 years, insiders at Agree Realty have traded over $781,940 worth of Agree Realty stock and bought 816,372 units worth $40,420,891 . The most active insiders traders include John Jr Rakolta, Jerome R Rossi и Richard Agree. On average, Agree Realty executives and independent directors trade stock every 55 days with the average trade being worth of $505,286. The most recent stock trade was executed by John Jr Rakolta on 23 May 2024, trading 20,000 units of ADC stock currently worth $1,186,400.
agree realty corporation (nyse: adc) is a fully-integrated, self-administered, and self-managed reit focused on the development and acquisition of net lease retail properties throughout the united states. our growing portfolio of industry leading retailers consists of 267 assets in 41 states, containing approximately 4.8 million square feet. agree’s disciplined and focused investment strategy, its institutional access to capital, and the company’s industry-wide relationships, consistently produce high-quality opportunities with superior risk adjusted returns. the agree team’s expertise and strategic execution seeks to maximize value for all stakeholders. our innovative development and acquisition strategies, adaptive real estate technology, and extensive capabilities are relied upon by our industry leading partners, including walgreens, mcdonalds, jp morgan chase, pnc and wawa. building upon the foundation of excellence established throughout the past four decades, agree realty c
Agree Realty executives and other stock owners filed with the SEC include: