Psaropoulos Anastasios 4

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.