RIDINGS BARRY W 4
Research Summary
AI-generated summary
Safehold (SAFE) Director Barry Ridings Receives 33-Share Award
What Happened
- Barry W. Ridings, a Safehold Inc. (SAFE) director, was credited with 33 Common Stock Equivalents (CSEs) on April 15, 2026 under the company’s Non-Employee Directors' Deferral Plan. The Form 4 reports the acquisition as 33 shares at $0.00, reflecting a non-cash award (total cash consideration $0).
Key Details
- Transaction date: 2026-04-15; Form 4 filed: 2026-04-17 (timely filing).
- Transaction type/code: Award/Acquisition (A).
- Amount: 33 CSEs; reported price $0.00; total cash = $0.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Footnote: CSEs are credited under the Deferral Plan as dividends are declared; each CSE is convertible one-for-one into common shares and additional CSEs are credited based on dividend amounts (see filing footnote).
Context
- This was a non-cash director compensation/deferral credit rather than an open‑market purchase or sale. CSEs track and convert into common stock but do not involve an immediate cash outlay; such awards are routine for non-employee directors and typically reflect compensation mechanics rather than a direct buy/sell signal.