Portia Sue Perrotty 4

What Happened

• Portia Sue Perrotty, a director of Global Net Lease, Inc. (GNL), received two stock awards (code "A") as payment of her board retainer elected in shares. She was issued 3,155 shares on 2025-10-01 at $8.19/share (value $25,839) and 2,762 shares on 2026-01-01 at $8.60/share (value $23,753), totaling 5,917 shares worth approximately $49,592. These were awards/grants, not open-market purchases or sales.

Key Details

• Transaction dates and prices:
  • 2025-10-01: 3,155 shares @ $8.19 = $25,839 (award)
  • 2026-01-01: 2,762 shares @ $8.60 = $23,753 (award)
• Combined: 5,917 shares, ≈ $49,592 total value.
• Footnote: Shares issued under the Company's 2025 Omnibus Incentive Compensation Plan as a portion of the director's annual retainer elected to be received in stock (F1).
• Shares owned after the transactions: not specified in the provided excerpt.
• Filing: Form 4 was filed Jan 30, 2026 (Accession 0001104659-26-008619). The awards include a grant dated 2026-01-01, so the Form 4 filing appears later than the standard two-business-day requirement for insider reports.

Context

• These were compensation-related awards (retainer paid in stock), a routine form of director compensation and not an open-market purchase or sale. Such awards are standard and do not necessarily signal the director’s immediate personal trading intent.
• No option exercises, sales, gifts, or 10b5-1 trading plans are indicated in the provided transactions.