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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person *   Buggeln Brett Leigh 2. Date of Event Requiring Statement (Month/Day/Year) 06/30/2006 3. Issuer Name and Ticker or Trading Symbol GLOBAL SIGNAL INC [GSL] (Last) (First) (Middle) 301 N. CATTLEMEN ROAD, SUITE 300 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) EVP, Sales and Tower Leasing 5. If Amendment, Date Original Filed(Month/Day/Year) (Street) SARASOTA, FL 34232 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) 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) Common Stock 7,690 (1) D Â

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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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 of Derivative Security: 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

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Buggeln Brett Leigh 301 N. CATTLEMEN ROAD SUITE 300 SARASOTA, FL 34232	Â	Â	  EVP, Sales and Tower Leasing	Â

Signatures

/s/ John G. Cacomanolis, Attorney in-Fact		06/30/2006
**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(1)	The filer has has two Restricted Share Award Agreements. The first award for 1,744 shares is subject to a vesting schedule commencing on the third anniversary of the Grant Date, 12/16/08, whereby one third of the shares will vest on said anniversary and additional one-thirds will vest on each anniversary of the grant date until the filer is fully vested on the fifth anniversary. The second award for 946 shares is subject to a vesting schedule commencing on the third anniversary of the Grant Date, 12/20/07, whereby one third of the shares will vest on said anniversary and additional one-thirds will vest on each successive anniversary date until the filer is fully vested on the fifth anniversary of the Grant Date,12/20/10. Both Restricted Share Award Agreements are subject to certain acceleration and forfeiture provisions.

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