At one point, Richard Agree had a substantial stake in Agree Realty Corporation, particularly when he was awarded 20,000 shares of restricted stock in 2010 based on the company's performance. His holdings reflected his commitment to the company's growth, showcasing...

At one point, Richard Agree had a substantial stake in Agree Realty Corporation, particularly when he was awarded 20,000 shares of restricted stock in 2010 based on the company's performance. His holdings reflected his commitment to the company's growth, showcasing that he believed in the company's vision. For example, in 2011, he realized over $440,000 from vested stock, a clear indicator of the company’s profitability. However, as he transitioned to Executive Chairman in 2013, his personal stake changed, with a total compensation of $700,200 that year, down from over $785,000 in 2012. This shift indicated a strategic focus on leadership succession while maintaining a keen interest in the company's performance.