{"schema_version":"secwatch.filing_event.v1","accession":"0001526113-24-000006","form_type":"8-K","ticker":"GNL","cik":"0001526113","company_name":"Global Net Lease, Inc.","filed_at":"2024-02-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.490671+00:00","generated_at":"2026-06-05T11:42:19.571386+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Global Net Lease posts Q4 net loss $59.5M, cuts dividend to $1.10/share annually","bullets":["Q4 revenue $206.7M, net loss $59.5M ($0.26/diluted share), Core FFO $0.21/share.","AFFO $0.31/share; full-year 2024 AFFO guidance $1.30-$1.40/share.","Dividend cut to $1.10/share annually starting April 2024 to free cash for deleveraging.","Plans $400-600M of strategic dispositions in 2024 to reduce net debt/EBITDA to 7.4-7.8x.","Achieved $68M in annualized synergies from merger/internalization; on track for $75M by Q3 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001526113-24-000006","json":"https://secwatch.observer/filing/0001526113-24-000006.json","markdown":"https://secwatch.observer/filing/0001526113-24-000006.md","text":"https://secwatch.observer/filing/0001526113-24-000006.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1526113/000152611324000006/0001526113-24-000006-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1526113/000152611324000006/gnl-20240227.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T11:42:19.571386+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d1452ef8ed36202903fb329da93ceae0c9c9bea7","claim":"Global Net Lease, Inc. reported the quarter and year ended December 31, 2023 results: revenue $206.7 million, net income Net loss was $59.5 million, or $0.26 per diluted share. Guidance initiated.","evidence_excerpt":"“Internalization”), GNL recognized $68 million of annualized synergies and is currently on track to recognize the full $75 million balance by third quarter 2024 2 • Revenue was $206.7 million in fourth quarter 2023 • Net loss was $59.5 million, or $0.26 per diluted share in fourth quarter 2023 • NOI was $169.7 million in fourth quarter 2023 • Core FFO was $48.3","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1526113/000152611324000006/0001526113-24-000006-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter and year ended December 31, 2023"},{"label":"Revenue","value":"$206.7 million"},{"label":"Net income","value":"Net loss was $59.5 million, or $0.26 per diluted share"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}