On April 2, 2026, Agree Realty Corporation (the "Company") disclosed its weighted-average number of common shares outstanding for the three months ended March 31, 2026. The report indicates that the Company had a weighted average of 120,059,357 common shares outstanding during this period. After accounting for unvested restricted shares, the weighted average number of common shares used in basic earnings per share calculations was reported as 119,856,418. Additionally, the Company noted the effect of dilutive securities, which included share-based compensation and forward equity offerings, resulting in a total of 120,375,633 shares used in diluted earnings per share calculations. The report is part of the Company's ongoing compliance with SEC regulations, specifically under Form 8-K, which is used to report unscheduled material events or corporate changes that are of importance to shareholders. The filing does not indicate any significant changes in the Company's operational or financial strategy, nor does it suggest any immediate impact on liquidity or governance. As such, the filing is considered neutral in its implications for stock price movement.

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