Global Net Lease (NYSE: GNL) COO reports tax-withholding share disposition

Rhea-AI Filing Summary

Global Net Lease, Inc. Chief Operating Officer Ori Kravel reported a routine tax-related share disposition. On the vesting of previously granted Restricted Stock Awards, 3,055 shares of common stock were withheld at $9.51 per share to cover tax obligations under the company’s incentive restricted share plan.

These withheld shares were not sold in the open market but used to pay taxes tied to equity compensation. Following this administrative transaction, Kravel directly holds 250,892 shares of Global Net Lease common stock, indicating the disposition represents a small portion of his overall position.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Kravel Ori

Role Chief Operating Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	3,055	$9.51	$29K

Holdings After Transaction: Common Stock — 250,892 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares withheld for taxes: 3,055 shares Withholding price per share: $9.51 per share Shares held after transaction: 250,892 shares

3 metrics

Shares withheld for taxes 3,055 shares Common stock withheld for tax on RSA vesting

Withholding price per share $9.51 per share Value used for tax-withholding disposition

Shares held after transaction 250,892 shares Direct common stock ownership after withholding

Key Terms

Restricted Stock Awards, tax-withholding disposition, Amended and Restated Incentive Restricted Share Plan

3 terms

Restricted Stock Awards financial

"Represents Restricted Stock Awards ("RSAs") of Global Net Lease, Inc."

Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Amended and Restated Incentive Restricted Share Plan financial

"under the Amended and Restated Incentive Restricted Share Plan of the Registrant"

Form 4 Insider Transactions: What Each Field Means →

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^*

Kravel Ori

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/25/2026

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	04/25/2026		F		3,055(1)	D	$9.51	250,892	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 Awards ("RSAs") 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.

	/s/ Ori Kravel	04/28/2026
	** 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)

FAQ

What insider transaction did GNL COO Ori Kravel report on this Form 4?

Ori Kravel reported a tax-withholding disposition of 3,055 Global Net Lease common shares. The shares were withheld by the company to cover taxes on vested Restricted Stock Awards, rather than sold in an open-market transaction.

How many GNL shares were withheld for taxes from Ori Kravel’s awards?

The filing shows 3,055 common shares of Global Net Lease were withheld. These shares came from the vesting of previously granted Restricted Stock Awards and were used specifically to satisfy the related tax liability.

What is Ori Kravel’s GNL shareholding after this Form 4 transaction?

After the tax-withholding transaction, Ori Kravel directly holds 250,892 shares of Global Net Lease common stock. This indicates the 3,055 shares withheld for taxes are a relatively small fraction of his total reported holdings.

Was the GNL Form 4 transaction an open-market sale of shares?

No. The Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were withheld by Global Net Lease to cover taxes due on vesting Restricted Stock Awards granted under its Amended and Restated Incentive Restricted Share Plan.

What equity plan is referenced in Ori Kravel’s GNL Form 4 filing?

The transaction relates to the Amended and Restated Incentive Restricted Share Plan of Global Net Lease. Restricted Stock Awards granted under this plan vested, and a portion of the shares was withheld to pay associated tax obligations.