Global Net Lease (GNL) director granted shares as board retainer compensation

Rhea-AI Filing Summary

Global Net Lease director Michael J. U. Monahan received stock awards as part of his board compensation. On October 1, 2025 he was granted 3,536 shares of common stock at $8.19 per share, and on January 1, 2026 he was granted 3,343 shares at $8.60 per share. Both awards were issued under the company’s 2025 Omnibus Incentive Compensation Plan as a portion of his annual retainer, which he elected to receive in stock instead of cash. After the latest grant, he directly holds 45,690 shares of Global Net Lease common 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
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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 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		3,536(1)	A	$8.19	42,347	D
Common Stock	01/01/2026		A		3,343(1)	A	$8.6	45,690	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 transaction did Global Net Lease (GNL) report for Michael J. U. Monahan?

Global Net Lease reported that director Michael J. U. Monahan received common stock awards as part of his board compensation. He was granted 3,536 shares on October 1, 2025 and 3,343 shares on January 1, 2026, both in lieu of cash retainers.

How many Global Net Lease (GNL) shares does director Michael J. U. Monahan now own?

After the reported transactions, director Michael J. U. Monahan directly owns 45,690 shares of Global Net Lease common stock. This figure reflects stock awards received under the company’s 2025 Omnibus Incentive Compensation Plan as part of his annual board retainer.

What prices were used for the Global Net Lease (GNL) stock awards to director Monahan?

The October 1, 2025 stock award to director Monahan was priced at $8.19 per share for 3,536 shares. The January 1, 2026 award was priced at $8.60 per share for 3,343 shares, both issued under the company’s 2025 Omnibus Incentive Compensation Plan.

Were the Global Net Lease (GNL) Form 4 transactions stock purchases or compensation grants?

The Form 4 transactions were compensation-related stock grants, not open-market purchases. The shares were issued under Global Net Lease’s 2025 Omnibus Incentive Compensation Plan as part of director Michael J. U. Monahan’s annual retainer, which he chose to receive in stock instead of cash.

What is the role of Michael J. U. Monahan at Global Net Lease (GNL)?

Michael J. U. Monahan is a director of Global Net Lease, Inc. The reported Form 4 transactions reflect common stock issued to him as board compensation under the company’s 2025 Omnibus Incentive Compensation Plan, tied to his service on the board and its committees.

Under which plan were the Global Net Lease (GNL) stock awards to director Monahan issued?

The stock awards to director Michael J. U. Monahan were issued under Global Net Lease, Inc.’s 2025 Omnibus Incentive Compensation Plan. They represent a portion of his annual retainer for board and committee service that he elected to receive in common stock rather than cash.