Safehold Inc. (NYSE: SAFE) President awarded 93,076 restricted stock units

Rhea-AI Filing Summary

Safehold Inc. reported an equity compensation grant to its President, Michael Trachtenberg. On 12/01/2025, he acquired 93,076 shares of Safehold common stock at a stated price of $0, reported as an acquisition of common stock held directly.

The grant consists of 93,076 restricted stock units, each representing the right to receive one share of Safehold common stock, net of applicable taxes and withholdings, if and when the units vest. These units are scheduled to vest in five equal annual installments on each of the first five anniversaries of the grant date, provided certain service conditions are met. This filing reflects an increase in the executive’s beneficial ownership through a long-term, service-based incentive award.

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

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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^*

Trachtenberg Michael Lane

(Last) (First) (Middle)

1114 AVENUE OF THE AMERICAS, 39TH FLR

(Street)

NEW YORK NY 10036

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
12/01/2025

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

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

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

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	12/01/2025		A		93,076(1)	A	$0	93,076	D

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 93,076 restricted stock units ("Units"), representing the right to receive an equivalent number of common stock of Safehold Inc. (NYSE: SAFE) (net of applicable taxes and other withholdings) if and when the Units vest. The Units will vest in five equal installments on each of the first five anniversaries of their grant date, if certain service conditions have been satisfied.

	Austin Lee, as Attorney-in-Fact for Michael Trachtenberg	12/03/2025
	** 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).
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FAQ

What insider transaction did Safehold Inc. (SAFE) report for its President?

Safehold Inc. reported that its President, Michael Trachtenberg, acquired 93,076 shares of common stock on 12/01/2025 through an equity award recorded at a price of $0 per share.

What type of equity award did the Safehold (SAFE) President receive?

The President received 93,076 restricted stock units ("Units"), each representing the right to receive one share of Safehold common stock, net of applicable taxes and withholdings, if and when the Units vest.

How do the 93,076 restricted stock units for Safehold (SAFE) vest?

The 93,076 restricted stock units vest in five equal installments on each of the first five anniversaries of the grant date, provided that specified service conditions have been satisfied.

Is the Safehold (SAFE) President’s equity award subject to service conditions?

Yes. The Units will vest only if certain service conditions are satisfied, meaning continued qualifying service is required for each of the five annual vesting dates.

How many Safehold (SAFE) shares may be delivered under the President’s RSU grant?

The grant covers 93,076 restricted stock units, representing the right to receive an equivalent number of Safehold common shares, net of applicable taxes and other withholdings, upon vesting.

How is the Safehold (SAFE) President’s ownership reported after this RSU grant?

The filing shows 93,076 shares of common stock beneficially owned following the reported transaction, held in direct ownership form.