KAUFFMAN ROBERT I 4

What Happened
Robert I. Kauffman, a director of Global Net Lease, received 3,873 shares of the company's common stock on April 10, 2026. The shares were issued at $9.36 per share, for a total value of $36,251, and are reported as an award/acquisition (code A) rather than an open-market purchase.

Key Details

• Transaction date: 2026-04-10; Filing date: 2026-04-13 (Form 4 accession 0001104659-26-042605). Filing appears timely.
• Security: Common stock; Amount acquired: 3,873 shares; Price per share: $9.36; Total value: $36,251.
• Transaction type: A (grant/award/acquisition) — issuance of shares as compensation, not a market purchase or sale.
• Shares owned after transaction: Not specified in the filing.
• Footnote: Shares were issued under the Company’s 2025 Omnibus Incentive Compensation Plan and represent the portion of Mr. Kauffman’s annual board retainer he elected to receive in stock in lieu of cash.

Context
This issuance is compensation-related (director retainer paid in stock) and should be viewed as routine corporate compensation rather than an indication of a market buy or sell decision by the insider. Compensation awards are common for board members and do not necessarily signal personal bullishness or bearishness on the stock.