GNL (NYSE: GNL) CFO uses 9,378 RSUs to cover tax withholding

Rhea-AI Filing Summary

Global Net Lease, Inc. reported that its CFO, Secretary and Treasurer, Christopher J. Masterson, disposed of 9,378 shares of common stock on March 4, 2026 at a price of $9.46 per share. These shares were Restricted Stock Units withheld to pay taxes on the vesting of previously granted awards under the company’s 2021 Omnibus Plan. After this tax-withholding disposition, Masterson beneficially owns 314,796 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

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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^*

Masterson Christopher J.

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CFO, Secretary and Treasurer

3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026

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	03/04/2026		F		9,378(1)	D	$9.46	314,796	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 Restricted Stock Units ("RSUs") of Global Net Lease, Inc. (the "Registrant") withheld to pay taxes on the vesting of shares previously granted to the reporting person under the 2021 Omnibus Plan of the Registrant.

	/s/ Christopher J. Masterson	03/06/2026
	** 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).
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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 GNL CFO Christopher J. Masterson report?

Christopher J. Masterson reported a disposition of 9,378 GNL common shares on March 4, 2026. The shares were Restricted Stock Units withheld to cover tax obligations on vested equity granted under the company’s 2021 Omnibus Plan.

Was the GNL CFO’s Form 4 transaction an open-market sale?

The transaction was not an open-market sale. It was a tax-withholding disposition, where 9,378 Restricted Stock Units were withheld by Global Net Lease to pay taxes due on the vesting of previously granted equity awards.

At what price were the 9,378 GNL shares valued in the CFO’s transaction?

The 9,378 common shares in the CFO’s tax-withholding disposition were valued at $9.46 per share. This price is used for reporting the value of shares withheld to satisfy tax liabilities on vested Restricted Stock Units.

How many Global Net Lease shares does the CFO hold after this Form 4?

Following the transaction, Christopher J. Masterson beneficially owns 314,796 shares of Global Net Lease common stock. This balance reflects his direct holdings after the 9,378 Restricted Stock Units were withheld for tax-payment purposes.

What is the reason for the GNL CFO’s Restricted Stock Units being withheld?

The withheld shares represent Restricted Stock Units used to pay taxes on vested equity awards. Global Net Lease retained 9,378 RSUs granted under its 2021 Omnibus Plan to cover the reporting person’s associated tax liabilities.

Which equity plan governed the GNL CFO’s reported RSU tax withholding?

The tax-withholding disposition relates to awards granted under Global Net Lease’s 2021 Omnibus Plan. Previously granted Restricted Stock Units vested, and 9,378 shares were withheld by the company to satisfy the resulting tax obligations.