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Global Net Lease (NYSE: GNL) director takes 4,055 shares as retainer

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

Rhea-AI Filing Summary

Global Net Lease, Inc. director Robert I. Kauffman acquired 4,055 shares of common stock on 2026-07-10 at $8.94 per share. The shares were issued under the 2025 Omnibus Incentive Compensation Plan as a portion of his annual Board retainer, elected in stock instead of cash, bringing his direct holdings to 70,303 shares.

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Insider KAUFFMAN ROBERT I
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 4,055 $8.94 $36K
Holdings After Transaction: Common Stock — 70,303 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares awarded 4,055 shares Common stock grant on 2026-07-10 to director Robert I. Kauffman
Award reference price $8.94 per share Value used for common stock issued under 2025 Omnibus Incentive Compensation Plan
Post-transaction holdings 70,303 shares Total Global Net Lease common stock held directly after the reported award
Transaction date 2026-07-10 Date of the common stock grant to Robert I. Kauffman
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"
in lieu of cash financial
"which the reporting person elected to receive in shares of common stock in lieu of cash"
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FAQ

What insider transaction did Global Net Lease (GNL) director Robert I. Kauffman report?

Director Robert I. Kauffman reported receiving 4,055 shares of Global Net Lease common stock. The shares were granted on 2026-07-10 as part of his annual Board retainer, paid in stock under the company’s 2025 Omnibus Incentive Compensation Plan rather than in cash.

How many Global Net Lease (GNL) shares did Kauffman receive and at what reference price?

Kauffman received 4,055 shares of Global Net Lease common stock at a reference value of $8.94 per share. These shares were issued as a stock-based portion of his director retainer, rather than shares bought in the open market.

What compensation plan provided the Global Net Lease (GNL) shares to Kauffman?

The shares were issued under Global Net Lease’s 2025 Omnibus Incentive Compensation Plan. This plan allows directors to receive part of their annual retainer in company common stock, aligning a portion of their compensation with shareholder interests instead of paying entirely in cash.

How many Global Net Lease (GNL) shares does Kauffman hold after this transaction?

After the award, Kauffman directly holds 70,303 shares of Global Net Lease common stock. This figure reflects his total direct ownership immediately following the 4,055-share grant reported on 2026-07-10, as disclosed in the ownership column of the filing.

Was Kauffman’s Global Net Lease (GNL) share acquisition an open-market purchase?

No. Kauffman’s acquisition of 4,055 shares was a grant/award of common stock, not an open-market purchase. The shares represent stock-based payment of part of his annual Board and committee retainer, which he chose to take in shares instead of cash.
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*
KAUFFMAN ROBERT I

(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)
07/10/2026
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 Stock07/10/2026A4,055(1)A$8.9470,303D
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-Fact07/14/2026
** 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)