Psaropoulos Anastasios 4
4 · Global Ship Lease, Inc. · Filed Mar 26, 2026
Research Summary
AI-generated summary of this filing
Global Ship Lease CFO Anastasios Psaropoulos Sells 23,173 Shares
What Happened Anastasios Psaropoulos, Chief Financial Officer of Global Ship Lease, sold 23,173 Class A common shares in an open-market sale on March 25, 2026. The weighted average sale price reported was $39.00 per share, resulting in gross proceeds of approximately $903,844. This was a sale/disposition (not a purchase or option exercise).
Key Details
- Transaction date: 2026-03-25; Form 4 filed 2026-03-26 (filed within the usual reporting window).
- Reported price: weighted average $39.00 per share; filing notes sales occurred in multiple trades at prices ranging $39.00–$39.06 (footnote F1). The filer will provide a breakdown of shares sold at each price on request.
- Shares sold: 23,173; total proceeds ~ $903,844.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Notable footnotes about holdings:
- F2: References 21,192 Class A shares granted under the company’s 2019 Omnibus Incentive Plan (10,596 vested 12/31/2025 and not yet issued; 10,596 scheduled to vest 3/31/2026).
- F3: Describes unvested awards totaling multiple tranches (116,558 that vest quarterly beginning June 30, 2026, plus performance-based pools of 137,750 and 137,750 shares with various vesting conditions through Dec 31, 2028).
- No 10b5-1 plan or other sale-plan notation was disclosed in the provided text.
Context
- This was a straightforward open-market sale (code S). Sales by insiders are common and can be for many reasons (taxes, diversification, liquidity); the filing provides facts but does not state the seller’s motive.
- Several substantial unvested and performance-based awards are noted in the footnotes, including upcoming vesting on March 31, 2026 and performance tests through 2028, which may be relevant to the executive’s overall holdings and compensation schedule.
Insider Transaction Report
Form 4
Psaropoulos Anastasios
Chief Financial Officer
Transactions
- Sale
Class A Common Shares, par value of $0.01 per share
[F1][F2]2026-03-25$39.00/sh−23,173$903,844→ 108,102 total
Holdings
- 392,058
Class A Common Shares, par value of $0.01 per share
[F3]
Footnotes (3)
- [F1]The price reported represents the weighted average price of Class A common shares of Global Ship Lease, Inc. (the "Issuer") sold in multiple transactions at prices ranging from $39.00 to $39.06 per share. The reporting person will provide to the Issuer, or the U.S. Securities and Exchange Commission staff, upon request, information regarding the number of shares sold at each price within the range.
- [F2]Includes 21,192 Class A Common Shares of the Issuer granted to the reporting person pursuant to the Issuer's 2019 Omnibus Incentive Plan, as amended and restated (the "Plan"), of which 10,596 shares vested on December 31, 2025 and have not yet been issued, and 10,596 shares are scheduled to vest on March 31, 2026.
- [F3]Unvested awards of Class A Common Shares of the Issuer granted to the reporting person pursuant to the Plan, consisting of (i) 116,558 shares which vest quarterly, pro rata, commencing from the quarter ended June 30, 2026, conditioned on the reporting person's continued service, (ii) 137,750 shares, of which approximately 1/3 are earned upon the Company's achievement of a specified annualized return on equity that is measured as of December 31 of 2026, 2027 and 2028, respectively, after which, such earned shares are notionally divided into a number of quarterly installments within the 3.25 year period beginning October 1, 2025 (the "Term") and are eligible to vest on this basis, and (iii) 137,750 shares which vest at December 31, 2028 based on the Company's achievement of a specified return on equity over the full Term.
Signature
/s/ Anastasios Psaropoulos|2026-03-26