Global Ship Lease (NYSE: GSL) CFO sells 50K shares at ~$45
Rhea-AI Filing Summary
Global Ship Lease, Inc. (GSL) reported that its Chief Financial Officer, Anastasios Psaropoulos, sold a total of 50,000 Class A Common Shares in open-market transactions on August 26–27, 2026, at prices around $45.02–$45.03 per share. Footnotes state that his holdings include 10,596 vested but not yet issued shares granted under the company’s 2019 Omnibus Incentive Plan, and he also holds significant unvested equity awards that vest over time and are partly tied to return on equity performance through December 31, 2028.
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Insights
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Insider Trade Summary
Net Seller: 50,000 shares
Net Sell
3 txns
Insider
Psaropoulos Anastasios
Role
Chief Financial Officer
Sold
50,000 shs ($2.25M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Shares, par value of $0.01 per share F1, F2 | 48,330 | $45.0246 | $2.18M |
| Sale | Class A Common Shares, par value of $0.01 per share F2 | 1,670 | $45.03 | $75K |
| holding | Class A Common Shares, par value of $0.01 per share F3 | -- | -- | -- |
Holdings After Transaction:
Class A Common Shares, par value of $0.01 per share — 450,160 shares (Direct)
Footnotes (3)
- F1. The price reported represents the weighted average price of Class A common shares of Global Ship Lease, Inc. (the "Issuer") sold in multiple transactions at prices ranging from $45.02039 to $45.02940 per share. The reporting person will provide to the Issuer, or the U.S. Securities and Exchange Commission staff, upon request, information regarding the number of shares sold at each price within the range.
- F2. Includes 10,596 Class A Common Shares of the Issuer granted to the reporting person pursuant to the Issuer's 2019 Omnibus Incentive Plan, as amended and restated (the "Plan"), that have vested on June 30, 2026 but have not yet been issued.
- F3. Unvested awards of Class A Common Shares of the Issuer granted to the reporting person pursuant to the Plan, consisting of (i) 105,962 shares which vest quarterly, pro rata, from the quarter ended September 30, 2026 through the quarter ended December 31, 2028, conditioned on the reporting person's continued service, (ii) 137,750 shares, of which approximately 1/3 are earned upon the Issuer'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) 137,750 shares which vest at December 31, 2028 based on the Issuer's achievement of a specified return on equity over the full Term.
Key Figures
Shares sold on August 27, 2026: 48,330 shares
Weighted average sale price on August 27, 2026: $45.0246 per share
Price range for August 27, 2026 sales: $45.02039–$45.02940 per share
+5 more
8 metrics
Shares sold on August 27, 2026
48,330 shares
Sale of Class A Common Shares by CFO at weighted average price
Weighted average sale price on August 27, 2026
$45.0246 per share
Based on multiple transactions from $45.02039 to $45.02940
Price range for August 27, 2026 sales
$45.02039–$45.02940 per share
Range of prices for the weighted average sale
Shares sold on August 26, 2026
1,670 shares
Sale of Class A Common Shares by CFO
Sale price on August 26, 2026
$45.03 per share
Open-market sale of Class A Common Shares
Vested but unissued awards
10,596 shares
Class A Common Shares vested June 30, 2026 under 2019 Omnibus Incentive Plan
Time-based unvested awards
105,962 shares
Vest quarterly from quarter ended September 30, 2026 through December 31, 2028
Performance-based unvested awards (each tranche)
137,750 shares
Two separate tranches tied to annualized and full-Term return on equity
Key Terms
weighted average price, 2019 Omnibus Incentive Plan, return on equity, annualized return on equity, +1 more
5 terms
weighted average price financial
"The price reported represents the weighted average price of Class A common"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
2019 Omnibus Incentive Plan financial
"granted to the reporting person pursuant to the Issuer's 2019 Omnibus Incentive Plan"
return on equity financial
"achievement of a specified annualized return on equity that is measured as of"
Return on equity shows how effectively a company uses its shareholders' money to generate profit. It is calculated by dividing the company's net profit by its shareholders' equity, indicating how much profit is earned for each dollar invested by owners. Higher return on equity suggests the company is good at turning investments into earnings, which can be an important factor for investors assessing its profitability and efficiency.
annualized return on equity financial
"earned upon the Issuer's achievement of a specified annualized return on equity"
Annualized return on equity measures how much profit a company generates each year for every dollar investors have left in the business after liabilities are subtracted. Think of shareholder equity as seeds you plant and annualized ROE as the yearly harvest rate—higher values mean the company is generally better at turning investor money into profit, and annualizing lets investors compare performance on a common yearly basis.
Term financial
"within the 3.25 year period beginning October 1, 2025 (the "Term") and are"
FAQ
What insider transaction did GSL report for CFO Anastasios Psaropoulos?
GSL reported that CFO Anastasios Psaropoulos sold a total of 50,000 Class A Common Shares in open-market transactions on August 26–27, 2026. These were reported as sales of non-derivative common shares held directly.
What vested but unissued GSL awards does the CFO hold after these transactions?
A footnote states that the CFO’s position includes 10,596 Class A Common Shares granted under GSL’s 2019 Omnibus Incentive Plan that vested on June 30, 2026 but have not yet been issued.
What unvested equity awards in GSL does the CFO have and how do they vest?
Unvested awards include (i) 105,962 shares vesting quarterly from the quarter ended September 30, 2026 through December 31, 2028, (ii) 137,750 shares tied to specified annualized return on equity in 2026–2028, and (iii) 137,750 shares vesting at December 31, 2028 based on ROE over the full Term.
AI-generated analysis. How Rhea-AI works. Not financial advice.
