Agree Realty Corp DEF 14A: Executive Compensation Details
Ticker: ADC-PA · Form: DEF 14A · Filed: Apr 4, 2025 · CIK: 917251
| Field | Detail |
|---|---|
| Company | Agree Realty Corp (ADC-PA) |
| Form Type | DEF 14A |
| Filed Date | Apr 4, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-compensation, proxy-statement, equity-awards, corporate-governance
TL;DR
Agree Realty's DEF 14A shows exec comp details for 2024, including equity awards.
AI Summary
Agree Realty Corporation filed a DEF 14A on April 4, 2025, for the fiscal year ending December 31, 2024. The filing details executive compensation and equity awards granted to its principal executive officers (PEO) and non-PEO named executive officers (NEO). It includes information on the year-end fair value of outstanding and unvested equity awards for 2024 and prior years, as well as adjustments to these awards.
Why It Matters
This filing provides transparency into how Agree Realty Corporation compensates its top executives, which can influence investor decisions and perceptions of corporate governance.
Risk Assessment
Risk Level: low — This is a routine annual filing detailing executive compensation and does not present immediate new risks.
Key Numbers
- 2024 — Fiscal Year (The filing covers executive compensation and equity awards for this year.)
- 2023 — Fiscal Year (Data for prior fiscal years is included for comparison and context.)
- 2022 — Fiscal Year (Data for prior fiscal years is included for comparison and context.)
Key Players & Entities
- Agree Realty Corporation (company) — Filer of the DEF 14A
- 0000917251 (company) — Central Index Key for Agree Realty Corporation
- 20250404 (date) — Filing date of the DEF 14A
- 20250515 (date) — Conformed period of report
- 2024-12-31 (date) — Fiscal year end
FAQ
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Definitive Proxy Statement, is used to solicit proxies from shareholders when the company is holding an annual or special meeting of shareholders. It provides detailed information about matters to be voted on, including director elections, executive compensation, and other corporate governance issues.
Who are the primary recipients of the equity awards detailed in this filing?
The filing details equity awards granted to the company's Principal Executive Officers (PEO) and Non-PEO Named Executive Officers (NEO).
What specific financial data related to equity awards is presented for the fiscal year 2024?
The filing presents data on the year-end fair value of equity awards granted in the covered year that are outstanding and unvested, as well as equity awards in the summary compensation table for PEO and Non-PEO NEOs.
Does the filing include information on equity awards from previous years?
Yes, the filing includes information on the fair value of equity awards granted in prior years that are outstanding and unvested, as well as adjustments to equity awards excluding values reported in the summary compensation table.
What is the company's Standard Industrial Classification (SIC) code?
Agree Realty Corporation's Standard Industrial Classification (SIC) code is 6798, which corresponds to Real Estate Investment Trusts.
Filing Details
This Form DEF 14A (Form DEF 14A) was filed with the SEC on April 4, 2025 regarding AGREE REALTY CORP (ADC-PA).