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Vanguard realignment; Safehold (NYSE: SAFE) ownership reported at 0%

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Safehold Inc: The Vanguard Group filed Amendment No. 13 to a Schedule 13G/A stating that, following an internal realignment, certain Vanguard subsidiaries will report beneficial ownership separately. The filing reports 0 shares beneficially owned and 0% of the class for The Vanguard Group.

The report provides Vanguard's Malvern address and Safehold's executive office address and is signed by Ashley Grim, Head of Global Fund Administration on 03/27/2026. The filing explains the change is in accordance with SEC Release No. 34-39538 (January 12, 1998).

Positive

  • None.

Negative

  • None.

Insights

Vanguard disaggregation leaves reported ownership at zero for this filer.

The filing documents an internal Vanguard realignment that causes certain subsidiaries and business divisions to report holdings separately under SEC Release No. 34-39538. As reported, The Vanguard Group shows 0 shares and 0% ownership of Safehold common stock in this amendment.

Cash‑flow treatment is not discussed in the excerpt. Subsequent filings by the listed subsidiaries may show redistributed holdings; future disclosures from those entities would clarify actual institutional exposure.






78646V107

(CUSIP Number)
03/13/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: On January 12, 2026, The Vanguard Group, Inc. went through an internal realignment. In accordance with SEC Release No. 34-39538 (January 12, 1998), certain subsidiaries or business divisions of subsidiaries of The Vanguard Group, Inc., that formerly had, or were deemed to have, beneficial ownership with The Vanguard Group, Inc., will report beneficial ownership separately (on a disaggregated basis) from The Vanguard Group, Inc. in reliance on such release. These subsidiaries and/or business divisions pursue the same investment strategies as previously pursued by The Vanguard Group, Inc. prior to the realignment. Further in accordance with SEC Release No. 34-39538 (January 12, 1998), The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by such subsidiaries and/or business divisions.


SCHEDULE 13G



The Vanguard Group
Signature:Ashley Grim
Name/Title:Head of Global Fund Administration
Date:03/27/2026

FAQ

What did The Vanguard Group report about SAFE ownership?

The Vanguard Group reported 0 shares beneficially owned and 0% of the class in this Schedule 13G/A amendment. The filing attributes the change to an internal realignment and disaggregation of subsidiaries' holdings.

Why does Vanguard report zero ownership in this amendment?

Vanguard states an internal realignment on January 12, 2026 led certain subsidiaries to report separately under SEC Release No. 34-39538, and Vanguard no longer deems itself to beneficially own those securities.

Who signed the Schedule 13G/A amendment for Vanguard?

Ashley Grim, Head of Global Fund Administration, signed the amendment on 03/27/2026. The filing lists Vanguard's principal business office at 100 Vanguard Blvd., Malvern, PA.

Does this filing change total institutional ownership of Safehold?

This amendment shows only The Vanguard Group's reported position as 0 shares; it does not disclose aggregate institutional ownership. The subsidiaries that will report separately may show positions in their own filings.

What SEC guidance is cited for the reporting change?

The filing cites SEC Release No. 34-39538 (January 12, 1998), which permits disaggregated reporting by subsidiaries or business divisions after internal reorganizations under the specified release.
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