GNL (NYSE: GNL) director Perrotty takes board retainer in stock

Rhea-AI Filing Summary

Global Net Lease, Inc. director Portia Sue Perrotty received additional common stock as part of her board compensation. She acquired 3,155 shares at $8.19 on October 1, 2025 and 2,762 shares at $8.60 on January 1, 2026, both directly held.

The filing explains these grants were issued under Global Net Lease’s 2025 Omnibus Incentive Compensation Plan as a portion of her annual retainer for serving on the Board and certain committees, which she elected to take in stock instead of cash. After these transactions, she directly owned 121,578 common shares.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Portia Sue Perrotty

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	2,762	$8.60	$24K
Grant/Award	Common Stock	3,155	$8.19	$26K

Holdings After Transaction: Common Stock — 121,578 shares (Direct)

Footnotes (1)

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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^*

Portia Sue Perrotty

(Last) (First) (Middle)

C/O GLOBAL NET LEASE, INC.

650 FIFTH AVE., 30TH FLOOR

(Street)

NEW YORK NY 10019

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	10/01/2025		A		3,155(1)	A	$8.19	118,816	D
Common Stock	01/01/2026		A		2,762(1)	A	$8.6	121,578	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	01/30/2026
	** 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.

FAQ

What insider transactions did GNL director Portia Sue Perrotty report?

Portia Sue Perrotty reported two stock awards of Global Net Lease common shares. She received 3,155 shares on October 1, 2025 at $8.19 and 2,762 shares on January 1, 2026 at $8.60, all as directly held non-derivative equity grants.

How many GNL shares does Portia Sue Perrotty own after these Form 4 transactions?

After the reported transactions, Portia Sue Perrotty directly owns 121,578 Global Net Lease common shares. This balance reflects the addition of 3,155 shares in October 2025 and 2,762 shares in January 2026, all recorded as non-derivative stock awards under the company’s incentive plan.

What is the purpose of the GNL shares granted to Portia Sue Perrotty?

The reported GNL shares represent part of Portia Sue Perrotty’s annual retainer for serving on the Board and certain committees. Under Global Net Lease’s 2025 Omnibus Incentive Compensation Plan, she elected to receive this portion of her compensation in common stock instead of cash.

At what prices were the GNL stock awards to Portia Sue Perrotty recorded?

The stock awards to Portia Sue Perrotty were recorded at $8.19 per share for 3,155 shares on October 1, 2025, and $8.60 per share for 2,762 shares on January 1, 2026. These amounts reflect the price per share disclosed for each equity grant.

Are Portia Sue Perrotty’s reported GNL holdings direct or indirect?

Portia Sue Perrotty’s reported Global Net Lease holdings are classified as direct ownership. The Form 4 shows both transactions as non-derivative common stock with ownership form marked "D" for direct, and no separate nature of indirect beneficial ownership is indicated for these awards.

What plan governs the GNL stock grants to director Portia Sue Perrotty?

The grants are issued under Global Net Lease, Inc.’s 2025 Omnibus Incentive Compensation Plan. According to the filing footnote, the shares represent a portion of Portia Sue Perrotty’s annual retainer, which she chose to receive in common stock rather than cash compensation.