Global Net Lease, Inc.·4

Apr 13, 4:02 PM ET

MICHELSON LESLIE D 4

4 · Global Net Lease, Inc. · Filed Apr 13, 2026

Research Summary

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GNL Director Leslie Michelson Receives 2,804 Shares

What Happened
Leslie D. Michelson, a director of Global Net Lease, Inc. (GNL), was issued 2,804 shares of common stock on April 10, 2026. The shares were granted at an effective price of $9.36 per share, for a total value of approximately $26,245. This was an award/acquisition (code A) representing part of his annual board retainer elected to be received in stock rather than cash — not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-04-10; Filing date (Form 4): 2026-04-13 (appears timely).
  • Shares issued: 2,804 at $9.36 per share; total value ≈ $26,245.
  • Transaction type: Award/other acquisition (A) — issuance under the company’s equity plan.
  • Footnote: Issued pursuant to Global Net Lease’s 2025 Omnibus Incentive Compensation Plan as a portion of the reporting person’s annual retainer elected in stock (see footnote F1).
  • Shares owned following the transaction: not specified in the provided filing excerpt.

Context
This issuance is a routine equity retainer conversion (director compensation) and does not indicate a market purchase or sale. Such awards are common for board members who elect to receive compensation in company stock; they are not necessarily a signal of insider trading intent.

Insider Transaction Report

Form 4
Period: 2026-04-10
Transactions
  • Award

    Common Stock

    [F1]
    2026-04-10$9.36/sh+2,804$26,245113,831 total
Footnotes (1)
  • [F1]Representing common stock issued pursuant to Global Net Lease, Inc.'s (the "Company") 2025 Omnibus Incentive Compensation Plan, representing a portion of the reporting person's annual retainer for service on the Company's Board of Directors and certain of its committees, which the reporting person elected to receive in shares of the Company's common stock in lieu of cash.
Signature
/s/ Christopher J. Masterson, Attorney-in-Fact|2026-04-13

Documents

1 file
  • 4
    tm2611695-3_4seq1.xmlPrimary

    OWNERSHIP DOCUMENT