Richardson Leon 4

What Happened Leon Richardson, a director of Global Net Lease, Inc. (GNL), was granted 13,859 restricted stock units (RSUs) on May 21, 2026. The grant is reported at an imputed price of $9.38 per share, for a total reported value of $129,997. This transaction is an equity award (grant) as part of compensation, not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-05-21 at $9.38 per RSU (total value $129,997).
• Vesting: The RSUs vest on May 20, 2027 (see footnote F1). Each RSU entitles the holder to one share upon vesting.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing date: Form 4 filed 2026-05-26 reporting the 2026-05-21 grant; this is 5 days after the transaction (Form 4s are typically due within 2 business days), so the filing timing may be late.
• Footnote: F1 confirms these are RSUs under the 2025 Omnibus Incentive Compensation Plan and represent the contingent right to one share per RSU on vesting.

Context RSU grants are a common form of executive/director compensation and do not represent an immediate cash purchase or sale — the shares are delivered only if/when the RSUs vest. Such awards are routine and reflect compensation arrangements rather than an immediate insider bullish or bearish trade. There is no indication in the provided excerpt of any simultaneous sale, tax withholding, or 10b5-1 plan.