Global Net Lease CFO earns 73,549 shares on vesting

The CFO, Secretary and Treasurer's reported activity combines vested performance awards with tax withholding, not an open-market transaction.

Rhea-AI Filing Summary

Global Net Lease, Inc. reported that CFO, Secretary and Treasurer Christopher J. Masterson earned 73,549 common shares on October 15, 2026, upon vesting of performance-based restricted stock units. On the same date, 37,547 shares were withheld to pay taxes on the vesting, at a reported price of $7.44 per share. The withholding was not an open-market transaction, and no Rule 10b5-1 plan is reported.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Masterson Christopher J.

Role CFO, Secretary and Treasurer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	73,549	$0.00	$0.00
Tax Withholding	Common Stock F2	37,547	$7.44	$279K

Holdings After Transaction: Common Stock — 321,893 shares (Direct)

Footnotes (2)

1. F1. Represents shares of common stock of Global Net Lease, Inc. (the "Registrant") earned upon the vesting of performance-based restricted stock units ("PSUs"), issued pursuant to the Registrant's 2021 Omnibus Inventive Compensation Plan.
2. F2. Represents shares of common stock of the Registrant withheld to pay taxes on the vesting of the PSUs issued pursuant to the Registrant's 2021 Omnibus Incentive Compensation Plan; not an open-market transaction.

Key Figures

Shares earned upon vesting: 73,549 common shares Shares withheld for taxes: 37,547 common shares Reported price for shares withheld: $7.44 per share

3 metrics

Shares earned upon vesting 73,549 common shares October 15, 2026

Shares withheld for taxes 37,547 common shares On October 15, 2026, upon vesting of performance-based restricted stock units

Reported price for shares withheld $7.44 per share 37,547 common shares withheld for taxes on October 15, 2026

Key Terms

performance-based restricted stock units (PSUs), vesting, 2021 Omnibus Incentive Compensation Plan

3 terms

performance-based restricted stock units (PSUs) financial

"vesting of performance-based restricted stock units ("PSUs")"

vesting financial

"earned upon the vesting of performance-based restricted stock units"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

2021 Omnibus Incentive Compensation Plan financial

"issued pursuant to the Registrant's 2021 Omnibus Incentive Compensation Plan"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many GNL shares were withheld for taxes, and at what price?

Global Net Lease, Inc. withheld 37,547 common shares at $7.44 per share on October 15, 2026, to pay taxes on vesting of performance-based restricted stock units. The footnote says this was not an open-market transaction, and no Rule 10b5-1 plan is reported.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/19/2026 - 04:01 PM EDT Accepted by SEC EDGAR 10/19/2026 - 04:01 PM EDT Learn about SEC filing dates

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^*

Masterson Christopher J.

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/15/2026

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	10/15/2026		A		73,549(1)	A	$0.00	359,440	D
Common Stock	10/15/2026		F		37,547(2)	D	$7.44	321,893	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") earned upon the vesting of performance-based restricted stock units ("PSUs"), issued pursuant to the Registrant's 2021 Omnibus Inventive Compensation Plan.

2. Represents shares of common stock of the Registrant withheld to pay taxes on the vesting of the PSUs issued pursuant to the Registrant's 2021 Omnibus Incentive Compensation Plan; not an open-market transaction.

	/s/ Christopher J. Masterson	10/19/2026
	** 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)