Giannopoulos Georgios 4

What Happened
Georgios Giannopoulos, Chief Compliance Officer of Global Ship Lease, sold 7,692 Class A common shares on April 7, 2026. The weighted-average price was $38.51 per share, yielding proceeds of approximately $296,227. The filing reports the sale as an open-market or private sale (transaction code S).

Key Details

• Transaction date: April 7, 2026. Filing date: April 9, 2026 (filed timely within the Form 4 reporting window).
• Price: weighted average $38.51; reported price range $38.44 to $38.66 per share (footnote F2).
• Shares owned after the transaction: not specified in the provided filing details.
• Footnotes of note:
  • F1: Shares are Class A common shares granted under the Issuer’s 2019 Omnibus Incentive Plan.
  • F2: Weighted-average price covers multiple trades; the filer can provide per-trade breakdown on request.
  • F3: The filing discloses additional unvested awards (42,308 shares vesting quarterly starting 6/30/2026 conditioned on service; two performance-based tranches totaling 100,000 shares with vesting tied to return-on-equity metrics through 2028).
• No indication in the filing that this was a 10b5-1 plan trade or a late filing.

Context
This was a sale (S) of previously granted shares; sales can be routine (e.g., for diversification or tax/liquidity needs) and do not by themselves indicate management’s view of the company’s prospects. The filing also shows substantial unvested, performance-based awards for the officer, which may affect future insider holdings if performance targets are met.