Global Ship Lease (NYSE: GSL) director details share and award holdings

Rhea-AI Filing Summary

Global Ship Lease, Inc. director Yoram Neugeborn filed an initial Form 3 reporting his ownership of Class A Common Shares. He reports direct holdings in two positions, including 5,597 and 21,346 shares.

The filing also notes equity awards under the company’s 2019 Omnibus Incentive Plan. These include 577 shares scheduled to vest on March 31, 2026, 6,346 shares that vest quarterly starting with the quarter ended June 30, 2026, 7,500 performance-based shares tied to specified annualized return on equity targets measured as of December 31 of 2026, 2027 and 2028, and another 7,500 performance-based shares vesting on December 31, 2028 based on return on equity over the full performance period.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Neugeborn Yoram

(Last) (First) (Middle)

9 IRODOU ATTIKOU STREET

(Street)

KIFISIA, ATHENS J3 14561

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/16/2026

3. Issuer Name and Ticker or Trading Symbol
Global Ship Lease, Inc. [ GSL ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

5. 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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Shares, par value of $0.01 per share	5,597(1)	D
Class A Common Shares, par value of $0.01 per share	21,346(2)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Includes 577 Class A Common Shares of Global Ship Lease, Inc. (the "Issuer") granted to the reporting person pursuant to the Issuer's 2019 Omnibus Incentive Plan, as amended and restated (the "Plan"), that are scheduled to vest on March 31, 2026.

2. Unvested awards of Class A Common Shares of the Issuer granted to the reporting person pursuant to the Plan, consisting of (i) 6,346 shares which vest quarterly, pro rata, commencing from the quarter ended June 30, 2026, conditioned on the reporting person's continued service, (ii) 7,500 shares, of which approximately 1/3 are earned upon the Company's achievement of a specified annualized return on equity that is measured as of December 31 of 2026, 2027 and 2028, respectively, after which, such earned shares are notionally divided into a number of quarterly installments within the 3.25 year period beginning October 1, 2025 (the "Term") and are eligible to vest on this basis, and (iii) 7,500 shares which vest at December 31, 2028 based on the Company's achievement of a specified return on equity over the full Term.

	/s/ Yoram Neugeborn	03/16/2026
	** 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 5 (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).
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FAQ

What does Global Ship Lease (GSL) director Yoram Neugeborn report on this Form 3?

Yoram Neugeborn reports his initial ownership of Global Ship Lease Class A Common Shares as a director. The filing lists direct positions, including 5,597 and 21,346 shares, establishing his baseline equity stake for future insider transaction reporting.

What time-based share awards does GSL’s Yoram Neugeborn hold under the 2019 Plan?

Neugeborn holds 577 Class A Common Shares scheduled to vest on March 31, 2026 and 6,346 additional shares that vest quarterly, pro rata, beginning with the quarter ended June 30, 2026, conditioned on his continued service with Global Ship Lease.

What performance-based share awards are disclosed for GSL director Yoram Neugeborn?

The filing shows 7,500 shares where about one-third may be earned at each of December 31, 2026, 2027 and 2028, based on specified annualized return on equity targets, plus 7,500 more vesting December 31, 2028 based on return on equity over the full performance period.

How is the 3.25-year performance period defined for GSL’s incentive awards?

The performance period for certain Global Ship Lease awards is a 3.25-year term beginning October 1, 2025. Earned performance-based shares are notionally divided into quarterly installments within this term and can vest quarterly over that period, subject to the stated conditions.

Are GSL director Yoram Neugeborn’s equity awards subject to continued service conditions?

Yes. The 6,346 quarterly-vesting shares require Neugeborn’s continued service, and the performance-based tranches depend on Global Ship Lease achieving specified return on equity metrics over dates such as December 31, 2026, 2027, 2028 and across the defined multi-year performance period.