Global Net Lease (GNL) CFO reports 54,422 RSU grant and tax share withholding

Rhea-AI Filing Summary

Global Net Lease, Inc. reported insider equity activity by its CFO, Secretary and Treasurer, Christopher J. Masterson. On January 1, 2026, 11,322 shares of common stock were withheld as Restricted Stock Units (RSUs) to cover taxes upon vesting of previously granted awards at a price of $8.60 per share. On January 2, 2026, Masterson received a new grant of 54,422 RSUs at $0.00 per share under the company’s 2025 Omnibus Incentive Compensation Plan, increasing his beneficial ownership to 324,174 shares held directly.

The newly granted RSUs are scheduled to vest, if at all, in three substantially equal annual installments on each anniversary of January 1, 2026, generally conditioned on continued employment, with potential earlier vesting upon certain qualifying termination events. These transactions reflect routine equity-based compensation and related tax withholding for a senior executive.

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)
01/01/2026

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	01/01/2026		F		11,322(1)	D	$8.6	269,752	D
Common Stock	01/02/2026		A		54,422(2)	A	$0.00	324,174	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 Amended and Restated Incentive Restricted Share Plan of the Registrant.

2. RSUs granted pursuant to the Registrant's 2025 Omnibus Incentive Compensation Plan. The RSUs will vest, if at all, in three substantially equal installments on each annual anniversary of January 1, 2026, generally subject to continued employment with the Registrant through the applicable vesting date, subject to earlier vesting (in whole or in part) in connection with certain qualifying termination events.

	/s/ Christopher J. Masterson	01/05/2026
	** 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 in this Form 4?

The filing reports equity transactions by Christopher J. Masterson, the company’s CFO, Secretary and Treasurer, including tax withholding on vested RSUs and a new RSU grant.

How many RSUs were granted to the GNL CFO and on what date?

On January 2, 2026, the CFO received a grant of 54,422 Restricted Stock Units (RSUs) under Global Net Lease, Inc.’s 2025 Omnibus Incentive Compensation Plan at $0.00 per share.

What was the purpose of the 11,322 GNL shares reported as disposed of?

The 11,322 shares represent RSUs withheld by Global Net Lease, Inc. on January 1, 2026 to pay taxes due on the vesting of previously granted RSUs to the reporting person.

What is the vesting schedule for the newly granted GNL RSUs?

The 54,422 RSUs will vest, if at all, in three substantially equal installments on each annual anniversary of January 1, 2026, generally subject to the executive’s continued employment, with potential earlier vesting upon certain qualifying termination events.

How many Global Net Lease (GNL) shares does the reporting person beneficially own after these transactions?

Following the reported transactions, the reporting person beneficially owns 324,174 shares of Global Net Lease, Inc. common stock in direct ownership.

What is the reporting person’s relationship to Global Net Lease, Inc.?

The reporting person is an officer of Global Net Lease, Inc., serving as CFO, Secretary and Treasurer, and files individually on this Form 4.