KAUFFMAN ROBERT I 4

What Happened
Robert I. Kauffman, a director of Global Net Lease, Inc. (GNL), was granted 13,859 restricted stock units (RSUs) on May 21, 2026. The grant was recorded at $9.38 per unit for a total grant-value of $129,997. This was an award (grant), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-21; Filing date (Form 4): 2026-05-26. Due to the Memorial Day holiday timing, the filing appears to be timely.
• Grant details: 13,859 RSUs at $9.38 per share; total reported value $129,997.
• Shares owned after transaction: Not reported in this filing.
• Footnote: RSUs issued under the company's 2025 Omnibus Incentive Compensation Plan vest on May 20, 2027; each RSU represents the contingent right to one common share upon vesting.
• Transaction code: A (award/grant).

Context
RSUs are compensation awards that convert to actual shares only if/when they vest; they are common for executive and director pay and do not represent an immediate market purchase or sale. Because these RSUs vest in 2027, they reflect a future contingent grant rather than an immediate change in marketable holdings.