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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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