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Global Ship Lease (NYSE: GSL) director details initial share and award holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Global Ship Lease, Inc. director Ian James Webber filed an initial ownership report for Class A common shares. The filing lists two direct holdings of the company’s Class A Common Shares, par value $0.01 per share, reflecting his equity stake as a board member.

One holding includes 577 Class A Common Shares granted under the company’s 2019 Omnibus Incentive Plan that are scheduled to vest on March 31, 2026. Separate unvested awards under the plan consist of 6,346 shares vesting quarterly starting from the quarter ended June 30, 2026, plus performance-based awards of 7,500 shares tied to specified annualized return-on-equity targets measured as of December 31 of 2026, 2027, and 2028. An additional 7,500 shares vest on December 31, 2028 based on return on equity over the full 3.25-year term beginning October 1, 2025.

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Insider Webber Ian James
Role Director
Type Security Shares Price Value
holding Class A Common Shares, par value of $0.01 per share -- -- --
holding Class A Common Shares, par value of $0.01 per share -- -- --
Holdings After Transaction: Class A Common Shares, par value of $0.01 per share — 77,125 shares (Direct)
Footnotes (1)
  1. Includes 577 Class A Common Shares of Global Ship Lease, Inc. (the "Issuer") granted to the reporting person pursuant to the Issuer's 2019 Omnibus Incentive Plan, as amended and restated (the "Plan"), that are scheduled to vest on March 31, 2026. Unvested awards of Class A Common Shares of the Issuer granted to the reporting person pursuant to the Plan, consisting of (i) 6,346 shares which vest quarterly, pro rata, commencing from the quarter ended June 30, 2026, conditioned on the reporting person's continued service, (ii) 7,500 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) 7,500 shares which vest at December 31, 2028 based on the Company's achievement of a specified return on equity over the full Term.
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SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response: 0.5
1. Name and Address of Reporting Person*
Webber Ian James
(Last) (First) (Middle)
ORCHARD HOUSE BAKERS LANE
(Street)
WESTLETON, SAXMUNDHAM, SUFFOLK X0 IP17 3AZ
(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
03/17/2026 		3. Issuer Name and Ticker or Trading Symbol
Global Ship Lease, Inc. [ GSL ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Shares, par value of $0.01 per share 77,125(1) D
Class A Common Shares, par value of $0.01 per share 21,346(2) D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Includes 577 Class A Common Shares of Global Ship Lease, Inc. (the "Issuer") granted to the reporting person pursuant to the Issuer's 2019 Omnibus Incentive Plan, as amended and restated (the "Plan"), that are scheduled to vest on March 31, 2026.
2. Unvested awards of Class A Common Shares of the Issuer granted to the reporting person pursuant to the Plan, consisting of (i) 6,346 shares which vest quarterly, pro rata, commencing from the quarter ended June 30, 2026, conditioned on the reporting person's continued service, (ii) 7,500 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) 7,500 shares which vest at December 31, 2028 based on the Company's achievement of a specified return on equity over the full Term.
/s/ Ian James Webber 03/17/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What does Ian James Webber’s Form 3 filing for GSL show?

The Form 3 shows initial ownership of Global Ship Lease Class A common shares by director Ian James Webber, including time-based and performance-based equity awards granted under the company’s 2019 Omnibus Incentive Plan.

How many Global Ship Lease GSL shares are scheduled to vest on March 31, 2026?

The filing states that 577 Class A Common Shares of Global Ship Lease are scheduled to vest on March 31, 2026, representing part of Ian James Webber’s equity compensation under the 2019 Omnibus Incentive Plan.

What unvested time-based awards does Ian James Webber hold in GSL?

Ian James Webber holds 6,346 unvested shares of Global Ship Lease that vest quarterly, pro rata, commencing from the quarter ended June 30, 2026, conditioned on his continued service to the company.

What performance-based GSL share awards are tied to return on equity targets?

The filing notes 7,500 performance-based shares earned in roughly one-third tranches if Global Ship Lease achieves specified annualized return-on-equity targets measured as of December 31 of 2026, 2027, and 2028, with vesting in quarterly installments over a 3.25-year term.

When do Ian James Webber’s long-term performance GSL awards fully vest?

An additional 7,500 Class A Common Shares vest on December 31, 2028, based on Global Ship Lease’s achievement of a specified return on equity over the entire 3.25-year term beginning October 1, 2025.

Is Ian James Webber’s Form 3 filing a buy or sell of GSL stock?

The Form 3 is an initial ownership report, not a buy or sell transaction. It discloses Ian James Webber’s existing and unvested equity awards in Global Ship Lease rather than new open-market trades.