ADC

Agree Realty Corporation

Sector: financeREIT - RetailNYSEMarket Cap: $9.39B

Agree Realty Corporation (ADC) is a retail-focused net-lease REIT with $9.4B market cap, showing strong insider buying ($1.7M by Executive Chairman Richard Agree on 2026-01-09) and executive-branch exposure via a Trump-held position.

Govt Dependence

5/100

Regulatory Density

65/100

Lobbying Intensity

0/100

Political Signal

BULLISH

BusinessWhat ADC does

Agree Realty Corporation is a real estate investment trust (REIT) that acquires, develops, and manages single-tenant retail properties under net lease agreements. Its revenue is derived from rental income from long-term leases with national and regional retail tenants, primarily in the United States. The company's portfolio is concentrated in retail sectors such as home improvement, grocery, and discount stores.

12 months past · 3 months futureADC activity timeline

Congress

buy sell

Insider · Form 4

open-market buy

Hedge fund · 13F

opened + added − trimmed closed holds

Bills

past action (this ticker) upcoming markup (sector) ★ carveout (this ticker)

244 trading days · 10 congressional trades shown · 4 insider buys · 0 13F filings · 1 past bill actions · 4 upcoming markups

Executive Branch ConflictsADC held by Trump-administration officials

1 cabinet/senior official reported ADC positions in OGE Form 278 disclosures across 2 filings.

Donald J. Trump

President · White House

Agree Realty Corp REIT

$1,001 - $15,000 · self · 2025

Donald J. Trump

President · White House

Agree Realty Corp REIT

None (or less than $1,001) · self · 2025

Lifetime Government AwardsADC federal contracts

ADC doesn't hold direct federal contracts.

Verified via USASpending.gov: $0 reported in direct prime-contract awards. Companies in this position typically sell federal services indirectly through prime contractors and integrators (e.g., Lockheed Martin, Booz Allen, Microsoft Azure) or through commercial channels that don't appear in USASpending data.

Smart Money · 13F HoldingsHedge funds holding ADC

$390

Total ADC held by tracked 13F funds

Funds with ADC positions

Funds opened this quarter

ARK Investment Management $0K opened 2016-03-31

Politicians Trading ADCMembers of Congress with recent ADC positions

3 politicians traded ADC across 12 disclosed transactions totaling $121K (last 730 days). Greed score = composite of trade frequency, volume & recency across the politician's entire history (not just ADC). 0-30 LOW · 30-60 MID · 60+ HIGH.

Lisa C. McClain R-Michigan · house 4 buys 5 sells $72K 2025-09-25 LOW · 0 Gilbert Ray Cisneros D-California · house 1 sell $33K 2026-01-15 HIGH · 61 Josh Gottheimer D-New Jersey · house 2 sells $16K 2025-04-09 LOW · 1

Congressional TradesWho in Congress is trading ADC

2026-01-15 Gilbert Ray Cisneros D-California · house Sale $15,001 - $50,000

2025-09-25 Lisa C. McClain R-Michigan · house sale $1,001 - $15,000

2025-09-25 Lisa C. McClain R-Michigan · house Sale $1,001 - $15,000

2025-09-25 Lisa C. McClain R-Michigan · house Sale (Full) $1,001 - $15,000

2025-08-13 Lisa C. McClain R-Michigan · house purchase $1,001 - $15,000

2025-08-13 Lisa C. McClain R-Michigan · house Purchase $1,001 - $15,000

2025-06-17 Lisa C. McClain R-Michigan · house sale $1,001 - $15,000 57d late

2025-06-17 Lisa C. McClain R-Michigan · house Sale $1,001 - $15,000 57d late

2025-06-11 Lisa C. McClain R-Michigan · house Purchase $1,001 - $15,000 63d late

2025-06-11 Lisa C. McClain R-Michigan · house purchase $1,001 - $15,000 63d late

2025-04-09 Josh Gottheimer D-New Jersey · house Sale $1,001 - $15,000

2025-04-09 Josh Gottheimer D-New Jersey · house sale $1,001 - $15,000

28+ trades on file · most recent 2026-02-13

Corporate Insiders · Form 4What CEOs, CFOs, and directors are doing with their own stock

Open-market buys

Insider signal score 90/100 · 6 distinct insiders · 11 open-market buys totaling $8.5M (incl. 3 CEO/CFO buys) in the last 180 days.

2026-01-09 AGREE RICHARD EXECUTIVE CHAIRMAN OF BOARD BUY 24,000 sh $1.7M

Stock awards & option exercises

stock awards · $9.9M market value

2026-02-23 Agree Joey PRESIDENT & CEO AWARD 40,025 sh $3.2M

2026-02-23 Agree Joey PRESIDENT & CEO AWARD 24,584 sh $2.0M

2026-02-23 Erlich Craig CHIEF GROWTH OFFICER AWARD 10,005 sh $794K

2026-02-23 Coughenour Peter CHIEF FINANCIAL OFFICER AWARD 8,510 sh $675K

2026-02-23 Witteveen Nicole CHIEF OPERATING OFFICER AWARD 8,510 sh $675K

2026-02-23 AGREE RICHARD EXECUTIVE CHAIRMAN OF BOARD AWARD 8,069 sh $640K

2026-02-23 Spehar Danielle M GENERAL COUNSEL AWARD 6,004 sh $476K

2026-02-23 Erlich Craig CHIEF GROWTH OFFICER AWARD 5,673 sh $450K

For ADC, executives receive stock primarily as compensation rather than via open-market purchases — typical for established large-cap firms.

Bills Affecting ADCLive legislation impacting this stock

HR.2384 · 119th

Financial Technology Protection Act of 2025

Committee latest action 2025-07-22 MINIMAL

HJRES.82 · 119th

Disapproving the action of the District of Columbia Council in approving the Insurance Regulation Amendment Act of 2024.

Committee latest action 2025-03-27 MINIMAL

HJRES.51 · 119th

Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Con

Committee latest action 2025-02-12 MINIMAL

HR.975 · 119th

Credit Union Board Modernization Act

Committee latest action 2025-02-11 MINIMAL

HR.996 · 119th

Paid Family and Medical Leave Tax Credit Extension and Enhancement Act

Committee latest action 2025-02-05 MINIMAL

HR.987 · 119th

Fair Access to Banking Act

Committee latest action 2025-02-05 MINIMAL

HR.486 · 119th

Young Americans Financial Literacy Act

Committee latest action 2025-01-16 MINIMAL

HR.399 · 119th

To permanently extend the American Samoa economic development tax credit.

Committee latest action 2025-01-14 MINIMAL

SRES.89 · 118th

A resolution recognizing the duty of the Senate to abandon Modern Monetary Theory and recognizing that the acceptance of Modern Mo

Committee MINIMAL

S.601 · 118th

Flood Insurance Affordability Act

Committee MINIMAL

Political ProfileWhere ADC sits in Washington

[object Object]

STRUCTURAL: Executive branch exposure via Trump holding Agree Realty Corp REIT (get_executive_branch_exposure.by_ticker[0].holdings[0]) and dividend income bucket $1,001-$15,000. EVIDENTIARY: Strong insider buying: get_corporate_insider_signal shows tier S score 90 with top buys including $1.7M by Executive Chairman Richard Agree on 2026-01-09 and $1.08M by director John Rakolta Jr. on 2025-12-24; recent corp insider Form 4 buys list multiple large purchases. Congressional trading shows mixed activity with sales and purchases by bioguide_id M001136. Net: Strong insider accumulation offsets lack of lobbying/donations.

Regulatory ExposureThreats & opportunities

Regulatory threats

Changes to REIT taxation or dividend payout requirements

Congress (via tax legislation)

"Recent bill_impacts show multiple finance-sector bills with small but non-zero impact_ratios (0.0002-0.0003)."
Interest rate policy affecting real estate financing costs

Federal Reserve

"Sector is finance; regulatory density score reflects sensitivity to monetary policy."

Regulatory opportunities

Potential tax advantages for REITs in new legislation

Congress

"bill_impacts include finance-sector bills that could positively impact revenue."
Infrastructure or retail development incentives

Various federal agencies

"No specific carveouts, but finance sector exposure to legislative activity."

Member intelligence layer

Live signals + predictions for ADC — for Founders

The free page above gives you the public record. Members see the real-time intelligence layer on top of it:

Live 7-layer signal scores when Congress trades ADC
Bill Pass Index v2 odds for every bill on the watch list
Iron Triangle alerts (committee × donor × trade)
SEC Form 4 cluster detection (CEO + CFO + director buys)
Whale-Opportunity expected-value ranking
Custom watchlist alerts via email + Discord

Become a Founder · $24.50/mo Locked rate forever · cancel anytime

Frequently AskedAbout ADC & political exposure

Does Agree Realty Corporation (ADC) hold federal contracts?

No direct prime contracts reported in USASpending.gov for Agree Realty Corporation. Companies in the semiconductor and AI hardware sectors often sell to the federal government via prime contractors and cloud resellers (Microsoft Azure, AWS, Lockheed Martin systems integration) rather than as direct primes.

Which Trump cabinet officials own ADC stock?

1 Trump cabinet members or senior White House staff have disclosed holdings in ADC on their OGE 278 financial disclosures, including Donald J. Trump. See the Cabinet Conflicts panel for details.

Has Congress traded ADC stock?

28 congressional trades by 6 unique members of Congress, most recently on 2026-01-15. See the Congressional Trading panel for politician-by-politician breakdown.

What is ADC political risk profile?

Government dependence: 5/100. Lobbying intensity: 0/100. Political signal: bullish. Donor party split: R 0% / D 0%.

How does GovGreed track ADC political activity?

GovGreed integrates STOCK Act congressional trade disclosures, FEC contributions, OGE executive-branch disclosures, USASpending federal contracts, Senate LDA lobbying filings, and SEC Form 4 corporate insider trades into a single queryable graph. ADC data is updated daily from these official federal sources.