Masterson Christopher J. 4

What Happened Christopher J. Masterson, CFO, Secretary and Treasurer of Global Net Lease, Inc. (GNL), had 9,378 restricted stock units (RSUs) withheld to satisfy tax withholding obligations on vested shares. The shares were withheld at an effective price of $9.46 per share, totaling $88,716. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-03-04; Form 4 filed: 2026-03-06 (no late filing indicated).
• Shares withheld/disposed: 9,378 at $9.46 per share for total value $88,716.
• Shares owned after transaction: Not specified in the reported filing.
• Footnote: The withholding represents RSUs of Global Net Lease withheld to pay taxes on vesting under the company's 2021 Omnibus Plan (footnote F1).
• Transaction type: F = tax withholding (routine, non-cash disposition).

Context This was a routine tax withholding of vested RSUs rather than a market sale or purchase. Withholdings are common when equity awards vest and generally reflect tax obligations rather than a signal of the insider’s view on the stock. Purchases (P) tend to be more informative about insider confidence; tax-withholdings (F) are administrative.