Director elects Global Net Lease (NYSE: GNL) board fees in stock

Rhea-AI Filing Summary

Global Net Lease, Inc. director Robert I. Kauffman reported an acquisition of common stock as part of his board compensation. On April 10, he received a grant of 3,873 shares of common stock, valued at $9.36 per share, under the company’s 2025 Omnibus Incentive Compensation Plan.

The shares represent a portion of his annual retainer for service on the Board of Directors and certain committees, which he elected to receive in stock instead of cash. Following this award, Kauffman directly holds 52,389 shares of Global Net Lease common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider KAUFFMAN ROBERT I

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	3,873	$9.36	$36K

Holdings After Transaction: Common Stock — 52,389 shares (Direct)

Footnotes (1)

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Key Figures

Shares granted: 3,873 shares Grant price per share: $9.36 per share Shares held after grant: 52,389 shares

3 metrics

Shares granted 3,873 shares Common stock grant on April 10, 2026

Grant price per share $9.36 per share Reported value for the common stock grant

Shares held after grant 52,389 shares Director’s direct common stock holdings following the transaction

Key Terms

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

4 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"

Board of Directors financial

"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.

common stock financial

"representing common stock issued pursuant to Global Net Lease, Inc.'s"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

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^*

KAUFFMAN ROBERT I

(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		3,873(1)	A	$9.36	52,389	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 Global Net Lease (GNL) director Robert I. Kauffman report?

Robert I. Kauffman reported receiving 3,873 shares of Global Net Lease common stock. The shares were granted at $9.36 per share as part of his board compensation, rather than being bought on the open market.

Was Robert I. Kauffman’s Global Net Lease Form 4 transaction a market purchase or a grant?

The Form 4 transaction was a grant of shares, not a market purchase. Kauffman received 3,873 common shares as part of his annual retainer, electing to take board fees in stock instead of cash under the incentive plan.

How many Global Net Lease (GNL) shares does Robert I. Kauffman hold after this Form 4 grant?

After the reported grant, Robert I. Kauffman directly holds 52,389 Global Net Lease common shares. This total reflects inclusion of the 3,873 shares issued to him as part of his annual board and committee retainer compensation.

What price was used for the Global Net Lease shares granted to director Robert I. Kauffman?

The 3,873 Global Net Lease common shares were reported at a price of $9.36 per share. This value is used for the Form 4 disclosure and reflects the grant’s per-share amount under the company’s 2025 Omnibus Incentive Compensation Plan.

Why did Global Net Lease grant shares to Robert I. Kauffman according to the Form 4 footnote?

The shares were issued as part of Kauffman’s annual retainer for serving on the Board and certain committees. He elected to receive this portion of his fees in Global Net Lease common stock instead of cash under the 2025 Omnibus Incentive Compensation Plan.