SGD Director Anthony Cialone Discloses 529k Share Stake in Form 3

SEC Form 3 filing: Anthony M. Cialone, newly reported director of Safe & Green Development Corp (SGD), has disclosed his initial beneficial ownership.

Rhea-AI Filing Summary

SEC Form 3 filing: Anthony M. Cialone, newly reported director of Safe & Green Development Corp (SGD), has disclosed his initial beneficial ownership.

• Common stock: 106,221 shares held directly.
• Series A convertible preferred stock: 422,835 shares held directly.
• No derivative securities, options or warrants are reported.
• Filing date: 07-11-2025; event date triggering the report: 06-17-2025.

This Form 3 establishes Mr. Cialone’s equity position and confirms he is a director. The disclosure does not involve any purchase or sale transaction and has no immediate financial impact on SGD’s operations or capital structure, but it shows insider alignment with shareholders through a meaningful ownership stake.

Positive

• Director insider ownership of more than 500k combined shares underscores management’s equity alignment with shareholders.

Negative

• None.

Insights

Equity Governance Analyst

TL;DR: Director Cialone owns ~529k SGD shares (common + preferred); informative, not market-moving.

The Form 3 simply registers Anthony M. Cialone as a reporting insider with direct ownership of 106,221 common shares and 422,835 Series A preferred shares. Preferred shares are usually convertible, but no conversion terms are provided here. The filing signals governance alignment but does not represent a new transaction, valuation change, or strategic shift. Consequently, the information is routine, with negligible valuation impact for investors.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Cialone Anthony M.

Role Director

Type	Security	Shares	Price	Value
holding	Common Stock	--	--	--
holding	Series A Convertible Preferred Stock	--	--	--

Holdings After Transaction: Common Stock — 106,221 shares (Direct); Series A Convertible Preferred Stock — 422,835 shares (Direct)

FAQ

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

How many SGD common shares does Anthony M. Cialone own?

He directly holds 106,221 shares of SGD common stock.

What preferred stock holdings were disclosed in the Form 3 for SGD?

The filing lists 422,835 shares of Series A convertible preferred stock owned directly by the director.

Does the Form 3 indicate any options or warrants for Anthony M. Cialone?

No. No derivative securities such as options or warrants are reported.

Why was this Form 3 filed for Safe & Green Development Corp (SGD)?

It is an initial statement of beneficial ownership, required when an individual becomes an insider (in this case, a director) under Section 16(a).

Is this Form 3 filing considered material to SGD’s earnings or operations?

The filing is routine and informational; it does not affect earnings, cash flow, or operational strategy.

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

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Accepted by SEC EDGAR 07/11/2025 - 04:00 PM Learn about SEC filing dates

SEC Form 3

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
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Cialone Anthony M.

(Last) (First) (Middle)

C/O SAFE AND GREEN DEVELOPMENT CORP,

100 BISCAYNE BLVD., #1201

(Street)

MIAMI FL 33132

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
06/17/2025

3. Issuer Name and Ticker or Trading Symbol
Safe & Green Development Corp [ SGD ]

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

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

5. 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 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	106,221	D
Series A Convertible Preferred Stock	422,835	D

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: 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

Explanation of Responses:

Remarks:

Exhibit List - Exhibit 24.1: Power of Attorney

	/s/ Nicolai Brune, Attorney-in-Fact	07/11/2025
	** 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 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).
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.