Global ship lease CFO Psaropoulos sells $2.25 million in shares By Investing.com

Anastasios Psaropoulos, Chief Financial Officer of Global Ship Lease, Inc. (), recently sold Class A common shares totaling approximately $2.25 million. The transactions occurred over two days, with shares sold at prices ranging from $45.0246 to $45.03. The sale came as GSL stock trades near its 52-week high of $45.45, following a remarkable 58% gain over the past year.

On August 26, 2026, Mr. Psaropoulos disposed of 1,670 Class A common shares at a price of $45.03 per share. The following day, August 27, 2026, he sold an additional 48,330 Class A common shares. These shares were sold at a weighted average price of $45.0246, with individual transaction prices ranging from $45.02039 to $45.02940 per share.

Following these transactions, Mr. Psaropoulos directly holds 68,698 Class A common shares. This total includes 10,596 Class A common shares that have vested as of June 30, 2026, but have not yet been issued. The company currently trades at a P/E ratio of 4.34 and offers a dividend yield of 5.62%. According to InvestingPro analysis, GSL appears undervalued, with comprehensive insights available in the platform’s detailed Pro Research Report.

Additionally, Mr. Psaropoulos holds unvested awards of Class A common shares. These include 105,962 shares that vest quarterly through December 31, 2028, contingent on his continued service. He also has 137,750 performance-based shares tied to the company’s annualized return on equity measured through December 31, 2028, and another 137,750 shares vesting at December 31, 2028, based on return on equity over a specified term. The company’s return on equity currently stands at 21% for the last twelve months.

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  • Ramit Sethi

    Ramit Singh Sethi is an American author, entrepreneur, and media personality. He is the author of the 2009 New York Times Best Seller, I Will Teach You to Be Rich, host of the I Will Teach You To Be Rich podcast, and host of the 2023 Netflix series titled How to Get Rich.

Ramit Sethi

Ramit Singh Sethi is an American author, entrepreneur, and media personality. He is the author of the 2009 New York Times Best Seller, I Will Teach You to Be Rich, host of the I Will Teach You To Be Rich podcast, and host of the 2023 Netflix series titled How to Get Rich.