Global Net Lease (NYSE: GNL) director takes stock retainer

Rhea-AI Filing Summary

Monahan Michael J. U. reported acquisition or exercise transactions in this Form 4 filing.

Global Net Lease, Inc. director Michael J. U. Monahan received a grant of 3,072 shares of common stock at $9.36 per share on April 10, 2026. The shares were issued under the company’s 2025 Omnibus Incentive Compensation Plan as a portion of his annual board retainer, which he elected to take in stock instead of cash. Following this award, he directly holds 48,762 shares of Global Net Lease common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Monahan Michael J. U.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	3,072	$9.36	$29K

Holdings After Transaction: Common Stock — 48,762 shares (Direct)

Footnotes (1)

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Key Figures

Shares granted: 3,072 shares Grant price: $9.36 per share Shares held after grant: 48,762 shares

3 metrics

Shares granted 3,072 shares Common stock award on April 10, 2026

Grant price $9.36 per share Valuation used for the stock grant

Shares held after grant 48,762 shares Director’s direct holdings following the transaction

Key Terms

2025 Omnibus Incentive Compensation Plan, annual retainer, Board of Directors

3 terms

2025 Omnibus Incentive Compensation Plan financial

"issued pursuant to Global Net Lease, Inc.'s (the "Company") 2025 Omnibus Incentive Compensation Plan"

annual retainer financial

"representing a portion of the reporting person's annual retainer for service on the Company's Board"

Board of Directors financial

"annual retainer for service on the Company's Board of Directors and certain of its committees"

The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Monahan Michael J. U.

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/10/2026		A		3,072(1)	A	$9.36	48,762	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Representing common stock issued pursuant to Global Net Lease, Inc.'s (the "Company") 2025 Omnibus Incentive Compensation Plan, representing a portion of the reporting person's annual retainer for service on the Company's Board of Directors and certain of its committees, which the reporting person elected to receive in shares of the Company's common stock in lieu of cash.

	/s/ Christopher J. Masterson, Attorney-in-Fact	04/13/2026
	** Signature of Reporting Person	Date
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 GNL director Michael J. U. Monahan report?

Michael J. U. Monahan reported receiving 3,072 Global Net Lease common shares as a grant. The award represents part of his annual board retainer, delivered in stock instead of cash under the 2025 Omnibus Incentive Compensation Plan.

At what price were the Global Net Lease (GNL) shares granted to the director?

The 3,072 Global Net Lease shares were valued at $9.36 per share for the grant. This price is used to calculate the value of the stock-based portion of Michael J. U. Monahan’s annual director retainer compensation.

How many Global Net Lease (GNL) shares does the director hold after this grant?

After the award, Michael J. U. Monahan directly holds 48,762 Global Net Lease common shares. This total reflects his position following receipt of the 3,072-share stock grant tied to his annual board and committee service retainer.

Was the GNL insider transaction an open-market purchase or a compensation grant?

The transaction was a compensation-related stock grant, not an open-market purchase. Shares were issued under Global Net Lease’s 2025 Omnibus Incentive Compensation Plan as part of Michael J. U. Monahan’s elected stock-form annual director retainer.

What is Global Net Lease’s 2025 Omnibus Incentive Compensation Plan?

Global Net Lease’s 2025 Omnibus Incentive Compensation Plan authorizes equity-based awards such as stock grants. In this case, it provided 3,072 common shares to director Michael J. U. Monahan as a portion of his annual retainer, received in stock instead of cash.