Global Net Lease (GNL) CEO tied to 2.17M-share restructuring under Bellevue separation deal

Rhea-AI Filing Summary

Global Net Lease, Inc. director and CEO Edward M. Weil Jr. reported an “other” restructuring transaction involving 2,169,000 shares of common stock. According to the disclosure, these shares are to be received by Mr. Weil as a distribution of partnership assets from Bellevue Capital Partners, LLC and its affiliates under a separation agreement effective July 2, 2026. The distribution is scheduled for the earlier of January 8, 2027 or within two business days after Bellevue’s holdings fall below 5,000,000 shares of Global Net Lease, subject to specified conditions. Following this reported transaction, Mr. Weil is shown as holding 2,918,313 common shares directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Weil Edward M Jr.

Role CEO, President

Type	Security	Shares	Price	Value
Other	Common Stock	2,169,000	--	--

Holdings After Transaction: Common Stock — 2,918,313 shares (Direct)

Footnotes (1)

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Key Figures

Restructuring shares: 2,169,000 shares Shares following transaction: 2,918,313 shares Bellevue threshold: 5,000,000 shares +2 more

5 metrics

Restructuring shares 2,169,000 shares Shares of Global Net Lease common stock involved in the restructuring transaction

Shares following transaction 2,918,313 shares Total Global Net Lease common shares directly held by Edward M. Weil Jr. after the reported transaction

Bellevue threshold 5,000,000 shares Ownership level of Global Net Lease shares at which timing of the distribution may be accelerated

Separation agreement effective date July 2, 2026 Effective date of the separation agreement between Mr. Weil and Bellevue

Outside distribution date January 8, 2027 Latest date for the share distribution, subject to earlier trigger and conditions

Key Terms

Other acquisition or disposition, separation agreement, distribution of partnership assets, restructuring

4 terms

Other acquisition or disposition regulatory

"transaction code description is listed as "Other acquisition or disposition""

separation agreement regulatory

"pursuant to the terms of a separation agreement between Mr. Weil and Bellevue"

A separation agreement is a written contract that spells out the financial and legal terms when an employee and a company part ways, such as final pay, severance, continued benefits, confidentiality, and any release of claims. For investors, it matters because these agreements determine immediate costs, potential future liabilities, and whether departing staff are restricted from competing or disclosing information—factors that can affect a company’s cash flow, risk profile, and leadership continuity.

distribution of partnership assets financial

"to be received by the reporting person in a distribution of partnership assets"

restructuring financial

"transactionSummary shows a restructuringCount for the J-code transaction"

Restructuring is a deliberate rearrangement of a company’s operations, finances, or ownership—like reorganizing a cluttered house to run more efficiently—often involving cost cuts, asset sales, debt changes, or staff moves. Investors pay attention because restructuring can improve profitability and free up cash, but it can also signal distress, incur one-time costs, or dilute shareholder value; its success affects future earnings and stock performance.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/13/2026 - 04:02 PM Accepted by SEC EDGAR 07/13/2026 - 04:01 PM Learn about SEC filing dates

FAQ

What insider transaction did GNL CEO Edward M. Weil Jr. report?

Edward M. Weil Jr. reported an “other” restructuring transaction involving 2,169,000 Global Net Lease (GNL) common shares, tied to a future distribution of partnership assets from Bellevue Capital Partners, LLC under a separation agreement.

How many GNL shares are involved in Edward M. Weil Jr.’s restructuring event?

The restructuring event involves 2,169,000 shares of Global Net Lease common stock. These shares are to be distributed to Edward M. Weil Jr. from Bellevue Capital Partners, LLC under the terms of a separation agreement, subject to specified conditions.

When is Edward M. Weil Jr. expected to receive the additional GNL shares?

He is expected to receive the shares on the earlier of January 8, 2027 or within two business days after Bellevue Capital Partners’ holdings fall below 5,000,000 GNL shares, provided certain conditions are satisfied.

What are Edward M. Weil Jr.’s GNL holdings after the reported Form 4 transaction?

After the reported transaction, Edward M. Weil Jr. is shown as holding 2,918,313 shares of Global Net Lease common stock directly. This figure reflects his total direct ownership as reported in the Form 4 filing’s post-transaction holdings field.

Was the GNL Form 4 transaction a buy or sell by Edward M. Weil Jr.?

The transaction is coded as “J” – Other acquisition or disposition, categorized as a restructuring event. It reflects a planned distribution of shares from Bellevue Capital Partners, LLC, rather than a standard open-market purchase or sale of GNL stock.

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^*

Weil Edward M Jr.

(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
X	Officer (give title below)		Other (specify below)
	CEO, President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/02/2026

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	07/02/2026		J		2,169,000	A	(1)	2,918,313	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. Represents shares of common stock of Global Net Lease, Inc. (the "Registrant"), to be received by the reporting person in a distribution of partnership assets from Bellevue Capital Partners, LLC (including its affiliates and their direct and indirect subsidiaries, "Bellevue"), pursuant to the terms of a separation agreement between Mr. Weil and Bellevue effective as of July 2, 2026, on the earlier to occur of (i) January 8, 2027 or (ii) no later than two (2) business days after such date that Bellevue no longer holds at least 5,000,000 shares of the Registrant, subject to certain conditions.

	/s/ Edward M. Weil, Jr.	07/13/2026
	** 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)