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Compiled from SEC Form N-PX filings and Agree Realty Corporation’s Form 8-K, filed May 14, 2026 (Item 5.07 on EDGAR). Page generated November 6, 2026.
Meeting of May 14, 2026: 4 items on Agree Realty Corporation’s Form 8-K, filed May 14, 2026: 4 without a stated outcome.
None.
Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided
Explore Agree Realty Corporation in the interactive database Compare manager voting policies
These tallies are Agree Realty Corporation’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed May 14, 2026 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.
| Ballot item | For | Against | Abstain | Withheld | Broker non-votes | Support (of votes cast) | Reported outcome | Voting standard |
|---|---|---|---|---|---|---|---|---|
| Elect Director: John Rakolta, Jr. | 100,834,036 | -- | -- | 1,679,090 | 6,771,007 | 98% | Not verified | — |
| Elect Director: Jerome Rossi | 92,870,518 | -- | -- | 9,642,608 | 6,771,007 | 91% | Not verified | — |
| Ratification of Appointment of Independent Registered Public Accounting Firm: | 107,684,512 | 1,515,453 | 84,168 | -- | -- | 99% | Not verified | — |
| Approval, by Non-Binding Vote, of Executive Compensation: | 97,715,282 | 4,650,345 | 147,499 | -- | 6,771,007 | 95% | Not verified | — |
Source: Agree Realty Corporation, Form 8-K, filed with the SEC on May 14, 2026 — read the filing on EDGAR.
Each item below shows how the 504 asset managers that disclosed a Agree Realty Corporation vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report.
Combines 10 wordings of this item as funds reported it.
91% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Jerome Rossi
Agree Realty Corporation’s own tally for this item (“Elect Director: Jerome Rossi”): 92,870,518 for, 9,642,608 withheld, per its Form 8-K filed May 14, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 91% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 118 asset managers below reported 49,719,866 for, 1,345,403 withheld, 321,416 abstained, 26,730 not voted.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 15,100,295 | 0 | 13 | 5,173 | For |
| Cohen & Steers | 10,011,403 | 0 | 0 | 0 | For |
| BlackRock | 7,594,477 | 0 | 0 | 0 | For |
| Fidelity | 2,299,628 | 0 | 0 | 0 | For |
| Principal | 1,992,148 | 0 | 0 | 0 | For |
| Charles Schwab | 1,983,638 | 0 | 0 | 0 | For |
| Delaware/Macquarie | 888,475 | 0 | 0 | 0 | For |
| CARILLON SERIES TRUST | 713,542 | 0 | 0 | 0 | For |
| JANUS INVESTMENT FUND | 689,927 | 0 | 0 | 0 | For |
| Prudential/PGIM | 645,925 | 0 | 0 | 0 | For |
| Thrivent | 615,059 | 0 | 0 | 0 | For |
| ETF Series Solutions | 573,829 | 0 | 0 | 0 | For |
| American Century | 459,696 | 0 | 0 | 0 | For |
| TIAA | 456,409 | 0 | 0 | 0 | For |
| JPMorgan | 0 | 0 | 0 | 443,382 | Withhold |
| Russell Investments | 438,761 | 0 | 0 | 0 | For |
| DWS | 430,600 | 0 | 0 | 0 | For |
| State Street | 6,854 | 0 | 0 | 340,121 | Withhold |
| Apollo Diversified Real Estate Fund | 0 | 0 | 315,810 | 0 | Abstain |
| Empower | 286,033 | 0 | 0 | 0 | For |
| TOUCHSTONE STRATEGIC TRUST | 271,714 | 0 | 0 | 0 | For |
| IMPAX FUNDS SERIES TRUST I | 260,000 | 0 | 0 | 0 | For |
| Lincoln Financial | 200,128 | 0 | 0 | 36,741 | Mixed |
| Equitable | 104,292 | 0 | 0 | 121,055 | Mixed |
| Virtus | 224,365 | 0 | 0 | 0 | For |
Showing the 25 largest of 118 asset managers. See all 118 in the interactive database.
Combines 10 wordings of this item as funds reported it.
98% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: John Rakolta, Jr.
Agree Realty Corporation’s own tally for this item (“Elect Director: John Rakolta, Jr.”): 100,834,036 for, 1,679,090 withheld, per its Form 8-K filed May 14, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 98% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 118 asset managers below reported 50,873,245 for, 197,628 withheld, 315,812 abstained, 26,730 not voted.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 15,105,479 | 0 | 2 | 0 | For |
| Cohen & Steers | 10,011,403 | 0 | 0 | 0 | For |
| BlackRock | 7,594,477 | 0 | 0 | 0 | For |
| Fidelity | 2,299,628 | 0 | 0 | 0 | For |
| Principal | 1,992,148 | 0 | 0 | 0 | For |
| Charles Schwab | 1,983,638 | 0 | 0 | 0 | For |
| Delaware/Macquarie | 888,475 | 0 | 0 | 0 | For |
| CARILLON SERIES TRUST | 713,542 | 0 | 0 | 0 | For |
| JANUS INVESTMENT FUND | 689,927 | 0 | 0 | 0 | For |
| Prudential/PGIM | 645,925 | 0 | 0 | 0 | For |
| Thrivent | 615,059 | 0 | 0 | 0 | For |
| ETF Series Solutions | 573,829 | 0 | 0 | 0 | For |
| American Century | 459,696 | 0 | 0 | 0 | For |
| TIAA | 456,409 | 0 | 0 | 0 | For |
| JPMorgan | 443,382 | 0 | 0 | 0 | For |
| Russell Investments | 438,761 | 0 | 0 | 0 | For |
| DWS | 430,600 | 0 | 0 | 0 | For |
| State Street | 346,975 | 0 | 0 | 0 | For |
| Apollo Diversified Real Estate Fund | 0 | 0 | 315,810 | 0 | Abstain |
| Empower | 286,033 | 0 | 0 | 0 | For |
| TOUCHSTONE STRATEGIC TRUST | 271,714 | 0 | 0 | 0 | For |
| IMPAX FUNDS SERIES TRUST I | 260,000 | 0 | 0 | 0 | For |
| Lincoln Financial | 236,869 | 0 | 0 | 0 | For |
| Equitable | 104,292 | 0 | 0 | 121,055 | Mixed |
| Virtus | 224,365 | 0 | 0 | 0 | For |
Showing the 25 largest of 118 asset managers. See all 118 in the interactive database.
Combines 8 wordings of this item as funds reported it.
95% Majority: yes · of votes cast
Description as filed by funds: To approve, by non-binding vote, executive compensation.
Agree Realty Corporation’s own tally for this item (“Approval, by Non-Binding Vote, of Executive Compensation:”): 97,715,282 for, 4,650,345 against, per its Form 8-K filed May 14, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 95% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Also reported under other wordings, matched to the same row of Agree Realty Corporation’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Advisory Vote to Ratify Named Executive Officers' Compensation” (12 managers, Fund and manager reports combined; may count the same shares twice; no share total shown).
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 15,100,302 | 5,179 | 0 | 0 | For |
| Cohen & Steers | 10,011,403 | 0 | 0 | 0 | For |
| BlackRock | 7,594,477 | 0 | 0 | 0 | For |
| Fidelity | 2,299,628 | 0 | 0 | 0 | For |
| Principal | 1,992,148 | 0 | 0 | 0 | For |
| Charles Schwab | 1,983,638 | 0 | 0 | 0 | For |
| Delaware/Macquarie | 888,475 | 0 | 0 | 0 | For |
| CARILLON SERIES TRUST | 713,542 | 0 | 0 | 0 | For |
| JANUS INVESTMENT FUND | 689,927 | 0 | 0 | 0 | For |
| Prudential/PGIM | 645,294 | 631 | 0 | 0 | For |
| Thrivent | 615,059 | 0 | 0 | 0 | For |
| ETF Series Solutions | 573,829 | 0 | 0 | 0 | For |
| American Century | 459,696 | 0 | 0 | 0 | For |
| TIAA | 456,409 | 0 | 0 | 0 | For |
| JPMorgan | 0 | 443,382 | 0 | 0 | Against |
| Russell Investments | 438,761 | 0 | 0 | 0 | For |
| DWS | 430,600 | 0 | 0 | 0 | For |
| State Street | 346,975 | 0 | 0 | 0 | For |
| Apollo Diversified Real Estate Fund | 0 | 0 | 315,810 | 0 | Abstain |
| TOUCHSTONE STRATEGIC TRUST | 271,714 | 0 | 0 | 0 | For |
| IMPAX FUNDS SERIES TRUST I | 260,000 | 0 | 0 | 0 | For |
| Equitable | 225,347 | 0 | 0 | 0 | For |
| Virtus | 224,365 | 0 | 0 | 0 | For |
| Neuberger Berman | 203,563 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 194,380 | 0 | 0 | 0 | For |
Fund voting reports, all 119 managers: 50,152,108 for, 556,428 against, 342,382 abstained, 26,730 not voted, 103 mixed. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| PRINCIPAL GLOBAL INVESTORS | 6,531,126 | 0 | 0 | 0 | For |
| BlackRock | 5,018,942 | 608 | 0 | 0 | For |
| Zimmer Partners, LP | 2,833,632 | 0 | 0 | 0 | For |
| State Street | 2,824,718 | 0 | 0 | 0 | For |
| Daiwa Securities Group Inc. | 2,758,543 | 0 | 0 | 0 | For |
| Cohen & Steers | 2,462,103 | 0 | 0 | 0 | For |
| Janus Henderson | 2,400,244 | 0 | 0 | 0 | For |
| Two Sigma | 2,356,555 | 0 | 0 | 0 | For |
| GEODE CAPITAL MANAGEMENT, LLC | 2,209,986 | 0 | 0 | 0 | For |
| Charles Schwab | 2,003,109 | 0 | 0 | 0 | For |
| Prudential/PGIM | 1,559,380 | 4,595 | 0 | 0 | For |
| NOMURA INVESTMENT MANAGEMENT BUSINESS TRUST | 1,203,262 | 0 | 0 | 0 | For |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC | 993,734 | 0 | 0 | 0 | For |
| Vanguard | 970,912 | 0 | 0 | 0 | For |
| Russell Investments | 802,857 | 0 | 0 | 0 | For |
| CINCINNATI INSURANCE CO | 789,500 | 0 | 0 | 0 | For |
| SCOUT INVESTMENTS, INC. | 724,451 | 0 | 0 | 0 | For |
| American Century | 713,809 | 0 | 0 | 0 | For |
| Goldman Sachs | 668,483 | 0 | 0 | 0 | For |
| Thrivent | 659,187 | 0 | 0 | 0 | For |
| Citadel | 648,858 | 0 | 0 | 0 | For |
| Northern Trust | 636,408 | 0 | 0 | 0 | For |
| GW&K Investment Management, LLC | 519,052 | 0 | 0 | 0 | For |
| RUSH ISLAND MANAGEMENT, LP | 508,568 | 0 | 0 | 0 | For |
| Alyeska Investment Group, L.P. | 506,934 | 0 | 0 | 0 | For |
Institutional-manager reports, all 402 managers: 57,658,097 for, 2,529,105 against, 29,446 abstained, 6,188 not voted. Showing the 25 largest; see all in the interactive database.
Combines 3 wordings of this item as funds reported it.
99% Majority: yes · of votes cast
Description as filed by funds: TO RATIFY THE APPOINTMENT OF GRANT THORNTON LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2026.
Agree Realty Corporation’s own tally for this item (“Ratification of Appointment of Independent Registered Public Accounting Firm:”): 107,684,512 for, 1,515,453 against, per its Form 8-K filed May 14, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 116 asset managers below reported 50,688,377 for, 5 against, 342,382 abstained, 26,730 not voted.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 15,105,479 | 2 | 0 | 0 | For |
| Cohen & Steers | 10,011,403 | 0 | 0 | 0 | For |
| BlackRock | 7,594,477 | 0 | 0 | 0 | For |
| Fidelity | 2,299,628 | 0 | 0 | 0 | For |
| Principal | 1,992,148 | 0 | 0 | 0 | For |
| Charles Schwab | 1,983,638 | 0 | 0 | 0 | For |
| Delaware/Macquarie | 888,475 | 0 | 0 | 0 | For |
| CARILLON SERIES TRUST | 713,542 | 0 | 0 | 0 | For |
| JANUS INVESTMENT FUND | 689,927 | 0 | 0 | 0 | For |
| Prudential/PGIM | 645,925 | 0 | 0 | 0 | For |
| Thrivent | 615,059 | 0 | 0 | 0 | For |
| ETF Series Solutions | 573,829 | 0 | 0 | 0 | For |
| American Century | 459,696 | 0 | 0 | 0 | For |
| TIAA | 456,409 | 0 | 0 | 0 | For |
| JPMorgan | 443,382 | 0 | 0 | 0 | For |
| Russell Investments | 438,761 | 0 | 0 | 0 | For |
| DWS | 430,600 | 0 | 0 | 0 | For |
| State Street | 346,972 | 3 | 0 | 0 | For |
| Apollo Diversified Real Estate Fund | 0 | 0 | 315,810 | 0 | Abstain |
| TOUCHSTONE STRATEGIC TRUST | 271,714 | 0 | 0 | 0 | For |
| IMPAX FUNDS SERIES TRUST I | 260,000 | 0 | 0 | 0 | For |
| Equitable | 225,347 | 0 | 0 | 0 | For |
| Virtus | 224,365 | 0 | 0 | 0 | For |
| Neuberger Berman | 203,563 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 194,380 | 0 | 0 | 0 | For |
Showing the 25 largest of 116 asset managers. See all 116 in the interactive database.
Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 120,102,901 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Vanguard | 12.58% |
| 2 | Cohen & Steers | 8.34% |
| 3 | BlackRock | 6.32% |
| 4 | Fidelity | 1.91% |
| 5 | Principal | 1.66% |
| 6 | Charles Schwab | 1.65% |
| 7 | Delaware/Macquarie | 0.74% |
| 8 | CARILLON SERIES TRUST | 0.59% |
| 9 | JANUS INVESTMENT FUND | 0.57% |
| 10 | Prudential/PGIM | 0.54% |
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | PRINCIPAL GLOBAL INVESTORS | 5.44% |
| 2 | BlackRock | 4.18% |
| 3 | Zimmer Partners, LP | 2.36% |
| 4 | State Street | 2.35% |
| 5 | Daiwa Securities Group Inc. | 2.30% |
| 6 | Cohen & Steers | 2.05% |
| 7 | Janus Henderson | 2.00% |
| 8 | Two Sigma | 1.96% |
| 9 | GEODE CAPITAL MANAGEMENT, LLC | 1.84% |
| 10 | Charles Schwab | 1.67% |
As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.
| Holder | % outstanding | Disclosure |
|---|---|---|
| BlackRock | 14.90% | 13F |
| Cohen & Steers, Inc. | 13.71% | 13G |
| Vanguard Group | 13.10% | 13F |
| Vanguard Portfolio Management | 8.56% | 13G |
| State Street | 4.97% | 13F |
| Two Sigma | 3.37% | 13F |
| JPMorgan Chase | 2.30% | 13F |
| Charles Schwab | 1.76% | 13F |
| Dimensional Fund Advisors | 1.47% | 13F |
| Morgan Stanley | 1.09% | 13F |
Percentages above are of 120,102,901 shares outstanding, as reported by Agree Realty Corporation on its Form 10-Q dated April 20, 2026 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.
Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from Agree Realty Corporation’s 10-Q dated April 20, 2026. This page is a static snapshot rebuilt weekly on November 6, 2026; a live search always shows the current data.
At Agree Realty Corporation's shareholder meeting held May 14, 2026, in the 2025-2026 proxy season, 504 asset managers reported how they voted on 4 ballot items in their SEC Form N-PX filings, covering 2,526 separate fund positions. On the most widely held item on that ballot — To approve, by non-binding vote, executive compensation. — FOR was 95% of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: Agree Realty Corporation's Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on May 14, 2026.
Agree Realty Corporation proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).
Download data (CSV): ballot items · votes by manager · column guide.