Global Net Lease (GNL) Director Leslie D. Michelson Receives Award
$GNL · Global Net Lease, Inc.Research Summary
AI-generated summary of this SEC filing
Global Net Lease (GNL) Director Leslie D. Michelson Receives Award
What Happened
Leslie D. Michelson, a director of Global Net Lease, Inc. (GNL), was granted 1,568 shares of common stock on 2026-07-10 at an attributable value of $9.38 per share, totaling $14,708. The shares were issued as part of the Company's 2025 Omnibus Incentive Compensation Plan and represent a portion of Mr. Michelson's annual board retainer that he elected to receive in stock rather than cash.
Key Details
- Transaction date: 2026-07-10; filing date: 2026-07-14 (filed within the required reporting window).
- Transaction type/code: Award/Acquisition (A).
- Shares granted: 1,568 at $9.38 per share; total value $14,708.
- Shares owned after transaction: not specified in the provided filing.
- Footnote: Grant represents board retainer paid in shares under the 2025 Omnibus Incentive Compensation Plan (election in lieu of cash).
Context
This is a routine director compensation award rather than an open-market purchase or sale. Such grants are common and reflect compensation choices, so they don't necessarily indicate the director's private view on the stock. The size of the award (~$14.7K) is modest relative to typical insider trades.