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Global Net Lease (GNL) director gets 13,859 RSUs vesting in 2027

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Global Net Lease, Inc. director Antone M. Therese received a grant of 13,859 shares of common stock in the form of restricted stock units under the company’s 2025 Omnibus Incentive Compensation Plan. These RSUs vest on May 20, 2027, with each unit converting into one share upon vesting.

Following this award, Therese directly holds 67,770 shares of Global Net Lease common stock. This is a compensation-related equity grant, not an open-market purchase or sale.

Positive

  • None.

Negative

  • None.
Insider Antone M. Therese
Role null
Type Security Shares Price Value
Grant/Award Common Stock 13,859 $9.38 $130K
Holdings After Transaction: Common Stock — 67,770 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs granted 13,859 shares Restricted stock units awarded to director on May 21, 2026
Grant reference price $9.38 per share Reported transaction price per share for RSU grant
Shares held after grant 67,770 shares Total direct holdings following the reported transaction
RSU vesting date May 20, 2027 Scheduled vesting for 2025 Omnibus Plan RSUs
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") issued pursuant to Global Net Lease, Inc.'s 2025 Omnibus Incentive Compensation Plan"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2025 Omnibus Incentive Compensation Plan financial
"issued pursuant to Global Net Lease, Inc.'s (the "Registrant") 2025 Omnibus Incentive Compensation Plan"
contingent right financial
"Each RSU represents the contingent right to receive one share of the Registrant's common stock upon vesting"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Antone M. Therese

(Last)(First)(Middle)
C/O GLOBAL NET LEASE, INC.
650 FIFTH AVE., 30TH FLOOR

(Street)
NEW YORK NEW YORK 10019

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Global Net Lease, Inc. [ GNL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/21/2026A13,859(1)A$9.3867,770D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents restricted stock units ("RSUs") issued pursuant to Global Net Lease, Inc.'s (the "Registrant") 2025 Omnibus Incentive Compensation Plan that vest on May 20, 2027. Each RSU represents the contingent right to receive one share of the Registrant's common stock upon vesting of the RSU.
/s/ Christopher J. Masterson, Attorney-in-Fact05/26/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Global Net Lease (GNL) report in this Form 4?

Global Net Lease reported an equity grant to director Antone M. Therese. He received 13,859 restricted stock units of common stock as compensation, not through an open-market trade. The award was made under the company’s 2025 Omnibus Incentive Compensation Plan and follows typical director compensation practices.

How many Global Net Lease (GNL) RSUs were granted to Antone M. Therese?

Antone M. Therese was granted 13,859 restricted stock units. Each RSU represents the contingent right to receive one share of Global Net Lease common stock if and when the unit vests. The grant is classified as a compensation-related acquisition, not a market purchase of existing shares.

When do Antone M. Therese’s Global Net Lease (GNL) RSUs vest?

The restricted stock units are scheduled to vest on May 20, 2027. On that date, each vested RSU will convert into one share of Global Net Lease common stock, assuming all vesting conditions are satisfied. Until vesting, the RSUs represent a contingent, rather than current, ownership interest.

What is Antone M. Therese’s Global Net Lease (GNL) shareholding after this grant?

After the RSU grant, Antone M. Therese holds 67,770 shares directly. This figure reflects his total direct beneficial ownership of Global Net Lease common stock reported in the filing, including the effect of the May 21, 2026 compensation-related equity award.

Was the Global Net Lease (GNL) Form 4 transaction an open-market buy or sell?

No, the transaction reflects a grant, not an open-market trade. The Form 4 classifies the event under code “A” as a grant, award, or other acquisition, meaning the shares were awarded as compensation, rather than bought or sold on the stock market for cash consideration.

Under which plan were the Global Net Lease (GNL) RSUs granted to Antone M. Therese?

The RSUs were issued under Global Net Lease’s 2025 Omnibus Incentive Compensation Plan. This plan authorizes equity-based awards, such as restricted stock units, to directors and other participants, aligning their compensation with shareholder interests through stock-based incentives over a multi-year vesting period.