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Global Net Lease (GNL) director takes board retainer in 2,537 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Portia Sue Perrotty reported acquisition or exercise transactions in this Form 4 filing.

Global Net Lease director Portia Sue Perrotty received 2,537 shares of Common Stock as a stock award. The shares were issued at $9.36 per share under the company’s 2025 Omnibus Incentive Compensation Plan as part of her annual retainer, which she elected to take in stock instead of cash. Following this grant, she directly holds 124,115 Global Net Lease shares.

Positive

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Negative

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Insider Portia Sue Perrotty
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 2,537 $9.36 $24K
Holdings After Transaction: Common Stock — 124,115 shares (Direct)
Footnotes (1)
  1. [object Object]
Stock award 2,537 shares Common Stock granted on April 10, 2026
Reported grant value per share $9.36 per share Value used for the 2,537-share award
Shares owned after transaction 124,115 shares Direct holdings following the award
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 on the Company's Board"
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 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
SEC Form 4
FORM 4UNITED 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*
Portia Sue Perrotty

(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock04/10/2026A2,537(1)A$9.36124,115D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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-Fact04/13/2026
** Signature of Reporting PersonDate
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 did Global Net Lease (GNL) director Portia Sue Perrotty report on this Form 4?

Director Portia Sue Perrotty reported receiving 2,537 Global Net Lease common shares as a grant. The award was valued at $9.36 per share and was issued as part of her annual board retainer, taken in stock rather than cash compensation.

Is the Global Net Lease (GNL) Form 4 transaction a market purchase or a stock award?

The Form 4 transaction is a stock award, not an open-market purchase. The 2,537 shares were issued under Global Net Lease’s 2025 Omnibus Incentive Compensation Plan as part of Perrotty’s board retainer, which she chose to receive in stock instead of cash.

How many Global Net Lease (GNL) shares does Portia Sue Perrotty own after this grant?

After the grant, Portia Sue Perrotty directly holds 124,115 Global Net Lease common shares. This total includes the 2,537 shares awarded on April 10, 2026 as part of her annual retainer under the company’s 2025 Omnibus Incentive Compensation Plan.

What price per share is associated with Portia Sue Perrotty’s Global Net Lease stock award?

The 2,537 Global Net Lease shares were valued at $9.36 per share in the Form 4. This price is used for reporting the grant under the 2025 Omnibus Incentive Compensation Plan and does not reflect an open-market trade by the director.

Why did Portia Sue Perrotty receive Global Net Lease (GNL) shares instead of cash?

Portia Sue Perrotty elected to receive a portion of her annual retainer for serving on Global Net Lease’s Board and certain committees in stock. Under the 2025 Omnibus Incentive Compensation Plan, this election resulted in a grant of 2,537 common shares in lieu of cash.