Safehold (SAFE) Director Barry Ridings Receives 30-Unit Award

What Happened

• Barry W. Ridings, a Safehold Inc. (SAFE) director, was credited with 30 Common Stock Equivalents (CSEs) on July 15, 2026 under the company's Non-Employee Directors' Deferral Plan. The Form 4 reports the acquisition as an award/other acquisition (code A) at $0.00 (total reported value $0).
• These CSEs are not an open-market purchase — each CSE is convertible one-for-one into a share of Safehold common stock and will be credited with additional CSEs when dividends are paid.

Key Details

• Transaction date: July 15, 2026; Form 4 filed July 17, 2026 (appears timely).
• Transaction type/code: Award/other acquisition (A); reported price $0.00.
• Amount acquired: 30 CSEs (convertible 1-for-1 into common stock).
• Shares owned after transaction: Not specified in the filing.
• Footnote: Under the Non-Employee Directors' Deferral Plan, CSEs are increased as dividends are declared and are convertible into common stock (see filing footnote).

Context

• This is a non-cash director compensation deferral (common for non-employee directors) rather than a market buy or sale, so it’s routine compensation rather than a direct bullish/bearish trading signal.
• Because CSEs convert to shares 1:1, future conversions or sales would be reported separately if/when they occur.