Kabnick Lisa 4
Research Summary
AI-generated summary
Global Net Lease (GNL) Director Lisa Kabnick Receives 13,859 RSUs
What Happened
- Lisa Kabnick, a director of Global Net Lease, received an award of 13,859 restricted stock units (RSUs) on May 21, 2026. The reported per-share value was $9.38, giving a total grant value of $129,997.
- This was a compensation award (grant of RSUs), not an open-market purchase or sale.
Key Details
- Transaction date and reported price: May 21, 2026 at $9.38 per share (total $129,997).
- Shares owned after transaction: Not disclosed in the filing.
- Footnote: The RSUs were issued under the company’s 2025 Omnibus Incentive Compensation Plan and vest on May 20, 2027; each RSU represents the contingent right to one share upon vesting.
- Filing timing: The Form 4 was filed May 26, 2026 (five days after the transaction), which appears later than the typical two-business-day Form 4 deadline.
Context
- RSU grants to directors are routine compensation and do not by themselves signal an open-market buy or sell. The units convert to actual shares only if and when they vest (here, May 20, 2027) and any subsequent sale would be reported separately.