Form 4: Safehold Inc. Chairman and CEO Jay Sugarman Reports Tax Withholding Transaction
SEC Form 4 Filing
Jay Sugarman, Chairman and CEO of Safehold Inc., reports the withholding of shares to cover tax obligations related to vested Restricted Stock Units.
Summary
- On March 31, 2025, Jay Sugarman, Chairman and CEO of Safehold Inc., had 23,926 shares of common stock withheld by the issuer to satisfy tax obligations related to the vesting of Restricted Stock Units (RSUs).
- Following the transaction, Sugarman directly owns 1,804,622 shares of Safehold Inc. common stock.
- Sugarman also indirectly owns 9,590 shares through a spouse, 184,360 shares through family trusts, and 169,943 shares through a foundation.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to tax withholding, and does not contain information that would significantly impact investor sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard tax withholding procedure.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of transaction where shares were withheld for tax obligations. |
| 04/02/2025 | Date of signature for the report. |
Keywords
Safehold Inc., Jay Sugarman, Form 4, Beneficial Ownership, Tax Withholding, Restricted Stock Units, SAFE, Chairman, CEO
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