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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Name of Issuer)

(Title of Class of Securities)

(CUSIP Number)

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13D/A 0000950142-25-001620 0001907225 XXXXXXXX LIVE 3 Common Stock, $0.01 par value per share 06/16/2025 false 0001526113 379378201 Global Net Lease, Inc. 650 FIFTH AVE 30TH FLOOR NEW YORK NY 10019 Michael R. Anderson 212-415-6500 Bellevue Capital Partners, LLC 222 Bellevue Avenue Newport RI 02840 0001907225 N Bellevue Capital Partners, LLC b OO N DE 0.00 21185803.00 0.00 21185803.00 21185803.00 N 9.5 OO Y MWM PIC, LLC b OO N DE 0.00 19607384.00 0.00 19607384.00 19607384.00 N 8.8 OO Y MWM I, LLC b OO N DE 0.00 26140.00 0.00 26140.00 26140.00 N 0.0 OO Y AR Capital LLC b OO N DE 0.00 16481.00 0.00 16481.00 16481.00 N 0.0 OO Y American Realty Capital Global II Special LP LLC b OO N DE 0.00 6725.00 0.00 6725.00 6725.00 N 0.0 OO Y Nicholas S. Schorsch b OO N X1 0.00 21685012.00 0.00 21685012.00 21685012.00 N 9.7 IN Y Nicholas S. Schorsch 2016 Grantor Retained Annuity Trust b OO N X1 0.00 404114.00 0.00 404114.00 404114.00 N 0.2 IN Common Stock, $0.01 par value per share Global Net Lease, Inc. 650 FIFTH AVE 30TH FLOOR NEW YORK NY 10019 This Amendment No. 3 (the "Amendment") to Schedule 13D (the "Schedule 13D") amends and supplements the Schedule 13D originally filed with the United States Securities and Exchange Commission (the "SEC") on September 22, 2023 relating to the shares of common stock, par value $0.01per share (the "Common Stock"), of Global Net Lease, Inc., a Maryland corporation (the "Issuer"), as amended by Amendment No. 1 thereto, filed with the SEC on June 24, 2024, as further amended by Amendment No. 2 thereto, filed with the SEC on June 13, 2025. This Amendment updates the Schedule 13D to reflect the fact that Mr. Weil has ceased to be in a group with the Reporting Persons. Unless indicated otherwise, all items left blank remain unchanged and any items which are reported are deemed to amend and supplement the existing items in the Schedule 13D. Capitalized terms used herein without definition shall have the meaning set forth in the Original Schedule 13D. Item 5 of the Schedule 13D is amended and supplemented by incorporating by reference the information set forth in boxes (11) and (13) of the cover pages to this Amendment for each of the Reporting Persons, and such information is incorporated herein by reference. The percentages reported herein are calculated based upon 223,208,729 outstanding shares of Common Stock as of May 2, 2025. Attached as Schedule 5(c). Schedule 5(c) - Transaction Description Bellevue Capital Partners, LLC /s/ Michael R. Anderson Michael R. Anderson, General Counsel 06/18/2025 MWM PIC, LLC /s/ Michael R. Anderson Michael R. Anderson, Attorney-in-fact 06/18/2025 MWM I, LLC /s/ Michael R. Anderson Michael R. Anderson, Attorney-in-fact 06/18/2025 AR Capital LLC /s/ Michael R. Anderson Michael R. Anderson, Attorney-in-fact 06/18/2025 American Realty Capital Global II Special LP LLC /s/ Michael R. Anderson Michael R. Anderson, Attorney-in-fact 06/18/2025 Nicholas S. Schorsch /s/ Michael R. Anderson Michael R. Anderson, Attorney-in-fact 06/18/2025 Nicholas S. Schorsch 2016 Grantor Retained Annuity Trust /s/ Michael R. Anderson Michael R. Anderson, Attorney-in-fact 06/18/2025