Independent Director · Agree Realty Corp. (ADC)

Chair, Audit Committee

Karen Dearing — Agree Realty Director Compensation (2025)

Fiscal year 2025 director compensation for Karen Dearing at Agree Realty Corp.. Every figure below is printed as the company filed it and cited to the filing it came from.

Director compensation as of the proxy filed April 2, 2026 (DEF 14A). Open the filing on EDGAR.

What they were paid

Agree Realty Director Compensation Table · all 2 fiscal years held
In US dollars, as Agree Realty reports it. Most recent year first. Totals are the company’s disclosed totals.
Fiscal yearCash feesStock awardsOption awardsOtherTotal
FY2025$95,000$114,999$0$0$209,999
FY2024$95,000$115,000——$210,000

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Agree Realty Corp. DEF 14A filed April 2, 2026, accession 0000917251-26-000031, and prior-year filings. Open the filing on EDGAR.

How this board is paid

company policy · FY2025

Agree Realty pays directors a $70,000 cash retainer and $115,000 in Restricted Stock Awards.

Committees

FY2025 · as the proxy prints them

Audit (Chair)

The rest of the Agree Realty board

FY2025 · as the company reported each
DirectorRoleFY2025 total
Gregory LehmkuhlIndependent Director$234,999
Jerome RossiIndependent Director$184,999
Joel AgreeDirector$0
John Rakolta JrIndependent Director$184,999
Linglong HeIndependent Director$184,999
Merrie FrankelIndependent Director$204,999
Michael HollmanIndependent Director$184,999
Michael JudloweIndependent Director$184,999
Richard AgreeChair of the Board$0

The full Agree Realty compensation record

free company brief

This page is one director within Agree Realty's record. The company brief lists every named executive and director, each linking to their own page.

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