Global Net Lease (NYSE: GNL) director paid board fees in stock

Rhea-AI Filing Summary

Global Net Lease, Inc. director Robert I. Kauffman received stock-based board compensation under the company’s 2025 Omnibus Incentive Compensation Plan. He was granted 4,693 shares of common stock on October 1, 2025 at $8.19 per share and 4,215 shares on January 1, 2026 at $8.60 per share. These awards represent a portion of his annual retainer for serving on the Board of Directors and certain committees, which he elected to take in stock instead of cash. Following the January 1, 2026 grant, he directly owned 48,516 shares of Global Net Lease common stock.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider KAUFFMAN ROBERT I

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	4,215	$8.60	$36K
Grant/Award	Common Stock	4,693	$8.19	$38K

Holdings After Transaction: Common Stock — 48,516 shares (Direct)

Footnotes (1)

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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^*

KAUFFMAN ROBERT I

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

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	10/01/2025		A		4,693(1)	A	$8.19	44,301	D
Common Stock	01/01/2026		A		4,215(1)	A	$8.6	48,516	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	01/30/2026
	** 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 did Global Net Lease (GNL) disclose about Robert I. Kauffman’s recent stock awards?

Global Net Lease disclosed that director Robert I. Kauffman received common stock grants as part of his annual board retainer. These shares were issued under the 2025 Omnibus Incentive Compensation Plan after he chose to receive a portion of his compensation in stock instead of cash.

How many Global Net Lease (GNL) shares did director Robert I. Kauffman receive and on which dates?

Robert I. Kauffman received 4,693 Global Net Lease common shares on October 1, 2025 and 4,215 shares on January 1, 2026. Both grants relate to his annual retainer for serving on the Board of Directors and certain company committees.

At what prices were Global Net Lease (GNL) shares issued to director Robert I. Kauffman?

The company reported issuing 4,693 shares to Robert I. Kauffman at $8.19 per share on October 1, 2025. It then issued 4,215 additional shares at $8.60 per share on January 1, 2026 as part of his elected stock-based board compensation.

How many Global Net Lease (GNL) shares does Robert I. Kauffman own after these transactions?

After the January 1, 2026 stock grant, Robert I. Kauffman beneficially owned 48,516 shares of Global Net Lease common stock. The filing classifies this ownership as direct, reflecting the cumulative impact of the reported stock-based compensation awards under the company’s incentive plan.

What is the purpose of Global Net Lease’s 2025 Omnibus Incentive Compensation Plan in this Form 4?

The 2025 Omnibus Incentive Compensation Plan provided the framework for issuing Global Net Lease common stock to Robert I. Kauffman. Under this plan, a portion of his annual retainer for board and committee service was delivered in shares rather than cash, reflecting equity-based director compensation.