Global Net Lease (NYSE: GNL) officer disposes shares for RSU taxes

Rhea-AI Filing Summary

Global Net Lease, Inc. officer Jesse Charles Galloway reported two stock transactions related to tax withholding on vested equity awards. On the reported date, a total of 18,637 shares of common stock were withheld at $9.46 per share to cover tax obligations on previously granted Restricted Stock Units under the 2021 Omnibus Plan. After these tax-withholding dispositions, Galloway directly owned 261,390 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^*

Galloway Jesse Charles

(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)
	See Remarks

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		3,484(1)	D	$9.46	276,543	D
Common Stock	03/04/2026		F		15,153(1)	D	$9.46	261,390	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.

Remarks:

Executive Vice President and General Counsel

	/s/ Jesse C. Galloway	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).
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 did Jesse Charles Galloway report in Global Net Lease (GNL) Form 4?

Jesse Charles Galloway reported tax-related share dispositions in Global Net Lease common stock. A total of 18,637 shares were withheld to satisfy tax liabilities from vesting Restricted Stock Units granted under the 2021 Omnibus Plan, reflecting administrative settlement of equity compensation taxes.

Were the Global Net Lease (GNL) Form 4 transactions open-market sales?

The transactions were not open-market sales but tax-withholding dispositions. Shares of Global Net Lease common stock were withheld to pay taxes on the vesting of previously granted Restricted Stock Units, as described in the filing’s transaction code and accompanying footnote explanation.

How many Global Net Lease (GNL) shares were disposed of for tax withholding?

Two tax-withholding dispositions occurred, involving 3,484 and 15,153 Global Net Lease common shares. Together, 18,637 shares were withheld at a reported price of $9.46 per share to cover the reporting person’s tax obligations tied to vesting Restricted Stock Units.

What equity plan is referenced in the Global Net Lease (GNL) Form 4?

The Form 4 references the 2021 Omnibus Plan of Global Net Lease, Inc. Restricted Stock Units previously granted under this plan vested, and a portion of the resulting shares was withheld to pay associated taxes, as disclosed in the filing’s detailed footnote.

How many Global Net Lease (GNL) shares does Jesse Charles Galloway hold after the Form 4 transactions?

Following the reported tax-withholding dispositions, Jesse Charles Galloway directly held 261,390 shares of Global Net Lease common stock. This post-transaction ownership figure reflects his remaining direct holdings after the shares were withheld to satisfy vesting-related tax liabilities.

What does transaction code "F" mean in the Global Net Lease (GNL) Form 4?

Transaction code “F” indicates payment of a tax liability or exercise price by delivering or withholding securities. In this case, Global Net Lease shares were withheld to cover taxes due on the vesting of Restricted Stock Units rather than being sold in the open market.