Safehold (SAFE) director granted 13,655 time-vesting units in Form 4 filing

Rhea-AI Filing Summary

Safehold Inc. director Stefan M. Selig reported an equity award of 13,655 shares of common stock. The grant is structured as Units that convert into an equivalent number of Safehold common shares if and when they vest. The Units are scheduled to vest in a single installment on May 14, 2027, contingent on specified service conditions being satisfied. Following this award, Selig’s direct holdings reported in this filing total 105,169 shares of common stock. The transaction carries a reported price of $0.00 per share, consistent with a compensation-related grant rather than an open-market purchase.

Insights

Executive compensation analyst

Routine equity grant awards additional time-based units to a Safehold director.

The filing shows director Stefan M. Selig receiving 13,655 Units tied to Safehold common stock at a stated price of $0.00 per share. This indicates a non-cash, stock-based compensation grant rather than a market transaction.

The Units vest in one installment on May 14, 2027, subject to service conditions. Such time-based vesting is typical for director compensation, aligning incentives with longer-term company performance without signaling a discretionary buy or sell decision.

After this grant, Selig’s direct common stock holdings reported in the filing total 105,169 shares. With no derivative positions listed and no sales activity, the overall picture is a modest, routine compensation-related increase in equity exposure.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider SELIG STEFAN M

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	13,655	$0.00	--

Holdings After Transaction: Common Stock — 105,169 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Equity grant size: 13,655 Units Grant price per share: $0.00 per share Holdings after grant: 105,169 shares +1 more

4 metrics

Equity grant size 13,655 Units Award of Units representing the right to receive common stock

Grant price per share $0.00 per share Reported transaction price for the awarded Units

Holdings after grant 105,169 shares Total direct common stock holdings following the transaction

Vesting date May 14, 2027 Scheduled single-installment vesting date if service conditions are met

Key Terms

Units, vest, service conditions, grant, award, or other acquisition

4 terms

Units financial

"The Reporting Person has been granted 13,655 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.

service conditions financial

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

grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

Form 4 Insider Transactions: What Each Field Means →

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^*

SELIG STEFAN M

(Last) (First) (Middle)

1114 AVENUE OF THE AMERICAS, 39TH FLOOR

(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		13,655	A(1)	$0	105,169	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 13,655 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 Stefan Selig	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)

FAQ

What did Safehold (SAFE) director Stefan Selig report in this Form 4?

Director Stefan M. Selig reported receiving an award of 13,655 Units tied to Safehold common stock. These represent a right to receive an equivalent number of shares if vesting conditions are met, increasing his reported direct holdings to 105,169 shares after the grant.

Is the Safehold (SAFE) Form 4 transaction a stock purchase or a compensation grant?

The Form 4 reflects a compensation-related equity grant, not a market purchase. Selig was granted 13,655 Units at a stated price of $0.00 per share, consistent with director stock-based compensation rather than an open-market buy or sell transaction.

When do the 13,655 Units granted to the Safehold (SAFE) director vest?

The 13,655 Units will vest in a single installment on May 14, 2027, if specified service conditions are satisfied. Only upon vesting will the Units entitle the director to receive an equivalent number of Safehold common shares, according to the filing footnote.

How many Safehold (SAFE) shares does Stefan Selig hold after this equity award?

After the reported grant, Selig’s direct holdings total 105,169 shares of Safehold common stock. This figure, disclosed in the Form 4, reflects his position following the 13,655-Unit award, which is structured as stock-based compensation subject to future vesting.

Does the Safehold (SAFE) Form 4 show any stock sales by the director?

The Form 4 does not report any sales; it shows an acquisition through a grant coded as “A.” Selig received 13,655 Units as an award, with no open-market selling activity or derivative exercises reported in this particular filing.