Global Net Lease director granted 1,414 shares

Richardson Leon reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Richardson Leon reported acquisition or exercise transactions in this Form 4 filing.

Global Net Lease, Inc. director Richardson Leon received a grant of 1,414 shares of common stock at a value of $8.94 per share. The shares were issued under the 2025 Omnibus Incentive Compensation Plan as part of his annual board retainer, bringing his direct holdings to 32,468 shares.

Insider Trade Summary

Grant/Award: 1,414 shares

Grant/Award 1 txn

Insider Richardson Leon

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	1,414	$8.94	$13K

Holdings After Transaction: Common Stock — 32,468 shares (Direct)

Footnotes (1)

1. F1. 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.

Key Figures

Shares granted: 1,414 shares Grant price: $8.94 per share Shares owned after grant: 32,468 shares +1 more

4 metrics

Shares granted 1,414 shares Common stock grant to director on 2026-07-10

Grant price $8.94 per share Value assigned to stock issued as part of board retainer

Shares owned after grant 32,468 shares Director’s direct common stock holdings following the transaction

Acquisition transactions 1 transaction Number of acquisition transactions reported for this Form 4

Key Terms

2025 Omnibus Incentive Compensation Plan, annual retainer, Board of Directors

3 terms

2025 Omnibus Incentive Compensation Plan financial

"issued pursuant to Global Net Lease, Inc.'s 2025 Omnibus Incentive Compensation Plan"

annual retainer financial

"representing a portion of the reporting person's annual retainer for service"

Board of Directors financial

"service on the Company's Board of Directors and certain of its committees"

The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.

FAQ

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

What did Global Net Lease (GNL) director Richardson Leon report in this Form 4?

Director Richardson Leon reported receiving a grant of 1,414 shares of Global Net Lease common stock. The award represents part of his annual retainer for serving on the Board of Directors and its committees and was taken in stock instead of cash.

How many Global Net Lease (GNL) shares did Richardson Leon acquire, and at what value?

1,414 shares of Global Net Lease common stock were acquired, at a reported value of $8.94 per share. This was a compensation-related stock grant rather than an open-market purchase, issued as part of his director retainer package.

Why did Richardson Leon receive Global Net Lease (GNL) shares instead of cash?

Richardson Leon elected to receive a portion of his annual board retainer in Global Net Lease common stock instead of cash. The 1,414-share grant was issued under the 2025 Omnibus Incentive Compensation Plan for his Board and committee service.

How many Global Net Lease (GNL) shares does Richardson Leon own after this grant?

Following the grant, Richardson Leon directly owns 32,468 shares of Global Net Lease common stock. This total includes the newly issued 1,414 shares received as part of his stock-based annual retainer for serving on the company’s Board.

Was Richardson Leon’s Global Net Lease (GNL) transaction a market purchase or compensation grant?

The transaction was a compensation grant, not a market purchase. The 1,414 shares of common stock were issued under the 2025 Omnibus Incentive Compensation Plan as part of his annual Board retainer, elected in stock in lieu of cash.

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

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Accepted by SEC EDGAR 07/14/2026 - 04:03 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^*

Richardson Leon

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/10/2026

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	07/10/2026		A		1,414(1)	A	$8.94	32,468	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. 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-Fact	07/14/2026
	** 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)