Global Net Lease grants RSUs to director

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. granted equity compensation to director Leon Richardson. He received 13,859 restricted stock units (RSUs) of common stock valued at $9.38 per share. These RSUs were issued under the company’s 2025 Omnibus Incentive Compensation Plan and vest on May 20, 2027.

Each RSU represents the contingent right to receive one share of Global Net Lease common stock upon vesting. Following this award, Richardson’s reported direct holdings increased to 31,054 shares, reflecting a larger equity-based stake aligned with shareholder interests through long-term incentives rather than an open-market share purchase.

Insider Trade Summary

Grant/Award: 13,859 shares

Grant/Award 1 txn

Insider Richardson Leon

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	13,859	$9.38	$130K

Holdings After Transaction: Common Stock — 31,054 shares (Direct)

Footnotes (1)

1. F1. Represents restricted stock units ("RSUs") issued pursuant to Global Net Lease, Inc.'s (the "Registrant") 2025 Omnibus Incentive Compensation Plan that vest on May 20, 2027. Each RSU represents the contingent right to receive one share of the Registrant's common stock upon vesting of the RSU.

Key Figures

RSUs granted: 13,859 RSUs Grant reference price: $9.38 per share Shares held after grant: 31,054 shares +1 more

4 metrics

RSUs granted 13,859 RSUs Equity award of Global Net Lease common stock

Grant reference price $9.38 per share Value used for the RSU award

Shares held after grant 31,054 shares Total direct holdings following RSU award

RSU vesting date May 20, 2027 Date when RSUs convert to common shares

Key Terms

restricted stock units ("RSUs"), 2025 Omnibus Incentive Compensation Plan, contingent right to receive one share

3 terms

restricted stock units ("RSUs") financial

"Represents restricted stock units ("RSUs") issued pursuant to Global Net Lease, Inc.'s 2025 Omnibus Incentive Compensation Plan"

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

2025 Omnibus Incentive Compensation Plan financial

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

contingent right to receive one share financial

"Each RSU represents the contingent right to receive one share of the Registrant's common stock upon vesting"

FAQ

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

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

Leon Richardson reported receiving 13,859 restricted stock units (RSUs). The award is for Global Net Lease common stock at a reference value of $9.38 per share and was granted as equity compensation, increasing his direct holdings to 31,054 shares after the transaction.

Are the reported Global Net Lease (GNL) RSUs an open-market purchase?

No, the RSUs represent an equity grant, not an open-market buy. The filing describes the transaction as a grant or award acquisition under Global Net Lease’s 2025 Omnibus Incentive Compensation Plan, rather than a discretionary purchase of shares on the open market.

When do Leon Richardson’s Global Net Lease (GNL) RSUs vest?

The reported restricted stock units vest on May 20, 2027. According to the footnote, each RSU converts into one share of Global Net Lease common stock upon vesting, so actual shares are not delivered until that vesting date is reached.

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

After the grant, Richardson’s direct holdings total 31,054 shares. This figure includes the newly awarded 13,859 restricted stock units, which represent a contingent right to receive one share of Global Net Lease common stock for each RSU when they vest.

Under which plan were the Global Net Lease (GNL) RSUs granted to Leon Richardson?

The RSUs were granted under the 2025 Omnibus Incentive Compensation Plan. This plan is Global Net Lease’s equity incentive program, and the filing notes that the restricted stock units were issued pursuant to this plan as part of director compensation.

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

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Accepted by SEC EDGAR 05/26/2026 - 05:52 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)
05/21/2026

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	05/21/2026		A		13,859(1)	A	$9.38	31,054	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") issued pursuant to Global Net Lease, Inc.'s (the "Registrant") 2025 Omnibus Incentive Compensation Plan that vest on May 20, 2027. Each RSU represents the contingent right to receive one share of the Registrant's common stock upon vesting of the RSU.

	/s/ Christopher J. Masterson, Attorney-in-Fact	05/26/2026
	** 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)