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AI brief of an SEC Form 8-K · Agree Realty (ADC)

Agree Realty stockholders approve 2024 Omnibus Incentive Plan, elect four directors

Neutral Impact 2 of 5 shareholder Written later

At its May 23, 2024 annual meeting, Agree Realty stockholders approved the 2024 Omnibus Incentive Plan, which allows awards of up to 2,000,000 shares of common stock to employees, directors and consultants. All four director nominees were elected to serve until the 2027 annual meeting, and the stockholders also ratified Grant Thornton LLP as auditor for 2024 and approved executive compensation on a non-binding basis.

Key points

  • The 2024 Omnibus Incentive Plan covers up to 2,000,000 shares of common stock and permits options, restricted stock, restricted stock units, stock appreciation rights and performance awards.
  • Richard Agree received 75,800,486 votes for and 8,097,592 withheld; Linglong He received 83,210,400 votes for and 687,678 withheld.
  • Grant Thornton LLP was ratified as independent registered public accounting firm for 2024, with 88,220,062 votes for and 1,078,799 against.
  • Non-binding approval of executive compensation received 78,056,339 votes for and 5,701,138 against.

The filing

CompanyAgree Realty (ADC)
Form8-K, current report
Filed with the SECMay 23, 2024, 4:20 PM ET
Accession number0001104659-24-064707

Items reported: 5.02 Director / Officer Change5.07 Shareholder Vote Results

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 23, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.