SCHEDULE 13G/A: Safenowitz Entities Maintain 5.035% Stake in Getty Realty Corp., SEC Filing Shows

An amended Schedule 13G filing reveals that Howard B. Safenowitz and affiliated entities collectively hold a 5.035% beneficial ownership stake in Getty Realty Corp. as of December 31, 2024.

Summary

• Howard B. Safenowitz, Safenowitz Family Corp., and Safenowitz Partners, LP, collectively reported beneficial ownership of 2,772,697 shares of Getty Realty Corp. Common Stock.
• This aggregate ownership represents 5.035% of the class of securities outstanding.
• Howard B. Safenowitz individually holds sole voting and dispositive power over 202,690 shares and shared power over 2,570,007 shares, while disclaiming beneficial ownership of 11,586 shares within the shared holdings.
• Safenowitz Family Corp. reported shared voting and dispositive power over 2,455,747 shares, representing 4.5% of the class.
• Safenowitz Partners, LP reported shared voting and dispositive power over 1,848,092 shares, representing 3.4% of the class.
• The filing is an Amendment No. 22 to Schedule 13G, indicating a passive investment position.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing (Schedule 13G Amendment No. 22) disclosing beneficial ownership. It provides factual information about a significant shareholder's stake and does not contain positive or negative operational or financial news.

Positives

• The continued significant beneficial ownership by Howard B. Safenowitz and affiliated entities, totaling 5.035%, indicates a sustained long-term interest in Getty Realty Corp.

Negatives

• NA

Risks

• NA

Future Outlook

NA

Industry Context

This filing pertains to Getty Realty Corp., a company operating in the real estate sector, specifically a REIT (Real Estate Investment Trust) focused on convenience store and gas station properties. The filing itself is a standard regulatory disclosure of significant ownership, common across all industries for publicly traded companies.

Comparison to Industry Standards

• This filing is a standard regulatory disclosure (Schedule 13G) required when an entity acquires more than 5% beneficial ownership of a company's stock, or when an existing 5%+ holder updates their position. It aligns with typical SEC reporting requirements for passive investors. There are no specific comparable companies or projects mentioned in the document itself.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant beneficial ownership, confirming a major investor's continued stake in the company.

Key Dates

Keywords

Getty Realty Corp, GETY, Howard B. Safenowitz, Safenowitz Family Corp, Safenowitz Partners LP, Schedule 13G, SEC filing, beneficial ownership, common stock, real estate, REIT