PERLA STANLEY R 4

What Happened
Perla R. Stanley, a director of Global Net Lease, Inc. (GNL), was granted 13,859 restricted stock units (RSUs) on 2026-05-21. The award is reported at an aggregate value of $129,997 (implied price $9.38 per share). These RSUs represent a contingent right to receive one share of common stock per RSU upon vesting on May 20, 2027 (see Footnote F1). This was an equity award (code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-21; Filing date (Form 4): 2026-05-26 (appears to be filed after the typical 2-business-day window for insiders).
• Grant: 13,859 RSUs; reported value $129,997; per-share implied value $9.38.
• Vesting: RSUs vest on May 20, 2027; each RSU converts to one share upon vesting (Footnote F1).
• Shares owned after transaction: not specified in the summary data provided; filing includes a correction reducing previously reported beneficial ownership by 585 shares (Footnote F2).
• Transaction type: Award/Grant (code A) — compensation, not a market buy/sell.

Context: RSU grants are compensation and do not result in immediate share ownership or market activity until vesting (and any subsequent delivery/sale). The correction noted in Footnote F2 fixes an earlier overstatement of 585 shares and does not change the nature of this grant. The later filing date may be a minor procedural issue (late Form 4) but does not alter the substance of the award.