Safehold director granted 8,778 stock units

Safehold Inc. director Jay S. Nydick reported a compensation-related equity grant.

Rhea-AI Filing Summary

Safehold Inc. director Jay S. Nydick reported a compensation-related equity grant. He received 8,778 units representing the right to acquire an equal number of Safehold common shares at no cash cost, structured as a grant or award rather than an open-market purchase.

The footnote states these 8,778 units will vest in a single installment on May 14, 2027, if specified service conditions are met. Following this grant, Nydick directly holds 47,336 common shares and indirectly holds 30,000 common shares through a trust.

Insider Trade Summary

Grant/Award: 8,778 shares

Grant/Award 2 txns

Insider NYDICK JAY S

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	8,778	$0.00	$0.00
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 47,336 shares (Direct); Common Stock — 30,000 shares (Indirect, by Trust)

Footnotes (1)

1. F1. The Reporting Person has been granted 8,778 Units, representing the right to receive an equivalent number of common stock of Safehold Inc. if and when the Units vest. The Units will vest in one installment on May 14, 2027, if certain service conditions have been satisfied.

Key Figures

Equity grant units: 8,778 units Grant price: $0.0000 per unit Vesting date: May 14, 2027 +2 more

5 metrics

Equity grant units 8,778 units Right to receive equivalent common shares upon vesting

Grant price $0.0000 per unit Compensation-related award, non-market transaction

Vesting date May 14, 2027 Units vest in one installment if service conditions are met

Direct shares after grant 47,336 shares Common stock directly owned following the transaction

Indirect shares by trust 30,000 shares Common stock held indirectly through a trust

Key Terms

Units, vest, Grant, award, or other acquisition, indirect

4 terms

Units financial

"The Reporting Person has been granted 8,778 Units, representing the right to receive an equivalent number of common stock"

Units are bundled securities sold as one package in a financing—commonly a share paired with an instrument that gives the holder the right to buy more shares later. For investors this matters because a unit’s extra component can change future supply of shares and potential returns, similar to buying a combo with a coupon that can be redeemed later and alter what you actually receive and what others might own.

vest financial

"The Units will vest in one installment on May 14, 2027, if certain service conditions have been satisfied."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

indirect financial

"total_shares_following_transaction: 30000.0000, ownership_type: indirect, nature_of_ownership: by Trust"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Safehold (SAFE) director Jay Nydick report in this Form 4?

Jay S. Nydick reported an equity grant of 8,778 units tied to Safehold common stock. These units are a compensation award that convert into shares only if specific service-based vesting conditions are satisfied by May 14, 2027.

How many Safehold (SAFE) shares does Jay Nydick hold after this grant?

After the grant, Jay S. Nydick holds 47,336 Safehold common shares directly and 30,000 shares indirectly through a trust. These figures come from the post-transaction ownership totals reported for his direct and indirect positions in the Form 4.

What are the vesting terms of Jay Nydick’s 8,778 Safehold units?

The 8,778 units vest in one installment on May 14, 2027, if certain service conditions are met. Until vesting, they represent a right to receive an equivalent number of Safehold common shares rather than currently issued stock.

Was Jay Nydick’s Safehold Form 4 a market purchase or sale?

No, the Form 4 reflects a grant or award acquisition coded “A,” not a market trade. The 8,778 units were awarded at a price of $0.0000 per unit as part of compensation, with no open-market buying or selling reported.

How is Jay Nydick’s indirect ownership in Safehold (SAFE) structured?

The filing shows 30,000 Safehold common shares held indirectly “by Trust.” This indicates those shares are owned through a trust vehicle associated with Nydick, while his separately reported 47,336 shares are held in his direct name.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/15/2026 - 05:55 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

NYDICK JAY S

(Last) (First) (Middle)

1114 AVENUE OF THE AMERICAS, 39TH FLR

(Street)

NEW YORK NEW YORK 10036

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Safehold Inc. [ SAFE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/14/2026		A		8,778	A(1)	$0	47,336	D
Common Stock								30,000	I	by Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The Reporting Person has been granted 8,778 Units, representing the right to receive an equivalent number of common stock of Safehold Inc. if and when the Units vest. The Units will vest in one installment on May 14, 2027, if certain service conditions have been satisfied.

	Austin Lee, as Attorney-in-Fact for Jay Nydick	05/15/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)