SAFE · Safehold Inc. · Insider Trading

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.54 to $14.595, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

On July 15, 2026, the Reporting Person acquired 30 Common Stock Equivalents (CSEs) in accordance with the provisions of the Non-Employee Directors' Deferral Plan (Plan). Under the Plan, as dividends are declared and paid on Safehold Inc. common stock, the Reporting Person's holdings of outstanding CSEs are credited with additional CSEs based on the amount of the dividend and the value of a share of Safehold Inc. Common Stock on the dividend date. Each CSE is convertible on a one-for-one basis into shares of Safehold Inc. common stock.

On July 15, 2026, the Reporting Person acquired 335 Common Stock Equivalents (CSEs) in accordance with the provisions of the Non-Employee Directors' Deferral Plan (Plan). Under the Plan, as dividends are declared and paid on Safehold Inc. common stock, the Reporting Person's holdings of outstanding CSEs are credited with additional CSEs based on the amount of the dividend and the value of a share of Safehold Inc. Common Stock on the dividend date. Each CSE is convertible on a one-for-one basis into shares of Safehold Inc. common stock.

The Reporting Person has been granted 4,500 restricted stock units ("Units"), representing the right to receive an equivalent number of common stock of Safehold Inc. (net of applicable taxes and other withholdings) if and when the Units vest. The Units will vest proportionately over five years in annual installments, if certain service conditions have been satisfied.

The Reporting Person has been granted 8,778 Units, representing the right to receive an equivalent number of common stock of Safehold Inc. if and when the Units vest. The Units will vest in one installment on May 14, 2027, if certain service conditions have been satisfied.

The Reporting Person has been granted 13,655 Units, representing the right to receive an equivalent number of common stock of Safehold Inc. if and when the Units vest. The Units will vest in one installment on May 14, 2027, if certain service conditions have been satisfied.

The Reporting Person has been granted 8,778 Units, representing the right to receive an equivalent number of common stock of Safehold Inc. if and when the Units vest. The Units will vest in one installment on May 14, 2027, if certain service conditions have been satisfied.

The Reporting Person has been granted 8,778 Units, representing the right to receive an equivalent number of common stock of Safehold Inc. if and when the Units vest. The Units will vest in one installment on May 14, 2027, if certain service conditions have been satisfied.

On April 15, 2026, the Reporting Person acquired 359 Common Stock Equivalents (CSEs) in accordance with the provisions of the Non-Employee Directors' Deferral Plan (Plan). Under the Plan, as dividends are declared and paid on Safehold Inc. common stock, the Reporting Person's holdings of outstanding CSEs are credited with additional CSEs based on the amount of the dividend and the value of a share of Safehold Inc. Common Stock on the dividend date. Each CSE is convertible on a one-for-one basis into shares of Safehold Inc. common stock.

On April 15, 2026, the Reporting Person acquired 33 Common Stock Equivalents (CSEs) in accordance with the provisions of the Non-Employee Directors' Deferral Plan (Plan). Under the Plan, as dividends are declared and paid on Safehold Inc. common stock, the Reporting Person's holdings of outstanding CSEs are credited with additional CSEs based on the amount of the dividend and the value of a share of Safehold Inc. Common Stock on the dividend date. Each CSE is convertible on a one-for-one basis into shares of Safehold Inc. common stock.

Represents shares withheld by the issuer to satisfy the Reporting Person's tax withholding obligation in connection with the vesting of certain Restricted Stock Units ("RSUs") previously granted to the Reporting Person.

Represents shares withheld by the issuer to satisfy the Reporting Person's tax withholding obligation in connection with the vesting of certain Restricted Stock Units ("RSUs") previously granted to the Reporting Person.

The Reporting Person has been issued 90,149 shares of common stock ("Shares") of Safehold Inc. (NYSE: SAFE) in connection with an annual incentive award. After deducting 40,825 Shares for applicable tax withholding, the Reporting Person received a net amount of 49,324 Shares. These Shares are fully vested.

The Reporting Person has been issued 90,149 shares of common stock ("Shares") of Safehold Inc. (NYSE: SAFE) in connection with an annual incentive award. After deducting 40,825 Shares for applicable tax withholding, the Reporting Person received a net amount of 49,324 Shares. These Shares are fully vested.

The Reporting Person has been issued 66,171 shares of common stock ("Shares") of Safehold Inc. (NYSE: SAFE) in connection with an annual incentive award. After deducting 27,295 Shares for applicable tax withholding, the Reporting Person received a net amount of 38,876 Shares. These Shares are fully vested.

The Reporting Person has been issued 66,171 shares of common stock ("Shares") of Safehold Inc. (NYSE: SAFE) in connection with an annual incentive award. After deducting 27,295 Shares for applicable tax withholding, the Reporting Person received a net amount of 38,876 Shares. These Shares are fully vested.

On January 15, 2026, the Reporting Person acquired 33 Common Stock Equivalents (CSEs) in accordance with the provisions of the Non-Employee Directors' Deferral Plan (Plan). Under the Plan, as dividends are declared and paid on Safehold Inc. common stock, the Reporting Person's holdings of outstanding CSEs are credited with additional CSEs based on the amount of the dividend and the value of a share of Safehold Inc. Common Stock on the dividend date. Each CSE is convertible on a one-for-one basis into shares of Safehold Inc. common stock.

On January 15, 2026, the Reporting Person acquired 362 Common Stock Equivalents (CSEs) in accordance with the provisions of the Non-Employee Directors' Deferral Plan (Plan). Under the Plan, as dividends are declared and paid on Safehold Inc. common stock, the Reporting Person's holdings of outstanding CSEs are credited with additional CSEs based on the amount of the dividend and the value of a share of Safehold Inc. Common Stock on the dividend date. Each CSE is convertible on a one-for-one basis into shares of Safehold Inc. common stock.

The Reporting Person has been granted 93,076 restricted stock units ("Units"), representing the right to receive an equivalent number of common stock of Safehold Inc. (NYSE: SAFE) (net of applicable taxes and other withholdings) if and when the Units vest. The Units will vest in five equal installments on each of the first five anniversaries of their grant date, if certain service conditions have been satisfied.

On October 15, 2025, the Reporting Person acquired 346 Common Stock Equivalents (CSEs) in accordance with the provisions of the Non-Employee Directors' Deferral Plan (Plan). Under the Plan, as dividends are declared and paid on Safehold Inc. common stock, the Reporting Person's holdings of outstanding CSEs are credited with additional CSEs based on the amount of the dividend and the value of a share of Safehold Inc. Common Stock on the dividend date. Each CSE is convertible on a one-for-one basis into shares of Safehold Inc. common stock.

On October 15, 2025, the Reporting Person acquired 32 Common Stock Equivalents (CSEs) in accordance with the provisions of the Non-Employee Directors' Deferral Plan (Plan). Under the Plan, as dividends are declared and paid on Safehold Inc. common stock, the Reporting Person's holdings of outstanding CSEs are credited with additional CSEs based on the amount of the dividend and the value of a share of Safehold Inc. Common Stock on the dividend date. Each CSE is convertible on a one-for-one basis into shares of Safehold Inc. common stock.

On July 15, 2025, the Reporting Person acquired 33 Common Stock Equivalents (CSEs) in accordance with the provisions of the Non-Employee Directors' Deferral Plan (Plan). Under the Plan, as dividends are declared and paid on Safehold Inc. common stock, the Reporting Person's holdings of outstanding CSEs are credited with additional CSEs based on the amount of the dividend and the value of a share of Safehold Inc. Common Stock on the dividend date. Each CSE is convertible on a one-for-one basis into shares of Safehold Inc. common stock.

On July 15, 2025, the Reporting Person acquired 356 Common Stock Equivalents (CSEs) in accordance with the provisions of the Non-Employee Directors' Deferral Plan (Plan). Under the Plan, as dividends are declared and paid on Safehold Inc. common stock, the Reporting Person's holdings of outstanding CSEs are credited with additional CSEs based on the amount of the dividend and the value of a share of Safehold Inc. Common Stock on the dividend date. Each CSE is convertible on a one-for-one basis into shares of Safehold Inc. common stock.

The Reporting Person has been granted 7,983 restricted stock units ("Units"), representing the right to receive an equivalent number of common stock of Safehold Inc. (net of applicable taxes and other withholdings) if and when the Units vest. The Units will vest in one installment on March 31, 2028, if certain service conditions have been satisfied.

The Reporting Person has been granted 8,761 Units, representing the right to receive an equivalent number of common stock of Safehold Inc. if and when the Units vest. The Units will vest in one installment on May 15, 2026, if certain service conditions have been satisfied.

The Reporting Person has been granted 8,761 Units, representing the right to receive an equivalent number of common stock of Safehold Inc. if and when the Units vest. The Units will vest in one installment on May 15, 2026, if certain service conditions have been satisfied.

The Reporting Person has been granted 13,628 Units, representing the right to receive an equivalent number of common stock of Safehold Inc. if and when the Units vest. The Units will vest in one installment on May 15, 2026, if certain service conditions have been satisfied.

The Reporting Person has been granted 8,761 Units, representing the right to receive an equivalent number of common stock of Safehold Inc. if and when the Units vest. The Units will vest in one installment on May 15, 2026, if certain service conditions have been satisfied.

Includes 39,567 shares previously reported as indirectly held "By Family Trusts" that are held by a living revocable trust, which holdings are being reported as directly held in accordance with Section 16 rules.

On April 15, 2025, the Reporting Person acquired 348 Common Stock Equivalents (CSEs) in accordance with the provisions of the Non-Employee Directors' Deferral Plan (Plan). Under the Plan, as dividends are declared and paid on Safehold Inc. common stock, the Reporting Person's holdings of outstanding CSEs are credited with additional CSEs based on the amount of the dividend and the value of a share of Safehold Inc. Common Stock on the dividend date. Each CSE is convertible on a one-for-one basis into shares of Safehold Inc. common stock.

On April 15, 2025, the Reporting Person acquired 32 Common Stock Equivalents (CSEs) in accordance with the provisions of the Non-Employee Directors' Deferral Plan (Plan). Under the Plan, as dividends are declared and paid on Safehold Inc. common stock, the Reporting Person's holdings of outstanding CSEs are credited with additional CSEs based on the amount of the dividend and the value of a share of Safehold Inc. Common Stock on the dividend date. Each CSE is convertible on a one-for-one basis into shares of Safehold Inc. common stock.

Represents shares withheld by the issuer to satisfy the Reporting Person's tax withholding obligation in connection with the vesting of certain Restricted Stock Units ("RSUs") previously granted to the Reporting Person.

Represents shares withheld by the issuer to satisfy the Reporting Person's tax withholding obligation in connection with the vesting of certain Restricted Stock Units ("RSUs") previously granted to the Reporting Person.

The Reporting Person has been issued 38,853 shares of common stock ("Shares") of Safehold Inc. (NYSE: SAFE) in connection with an annual incentive award. After deducting 19,148 Shares for applicable tax withholding, the Reporting Person received a net amount of 19,706 Shares. These Shares are fully vested.

The Reporting Person has been issued 104,502 shares of common stock ("Shares") of Safehold Inc. (NYSE: SAFE) in connection with an annual incentive award. After deducting 50,010 Shares for applicable tax withholding, the Reporting Person received a net amount of 54,492 Shares. These Shares are fully vested.

The Reporting Person has been issued 104,502 shares of common stock ("Shares") of Safehold Inc. (NYSE: SAFE) in connection with an annual incentive award. After deducting 50,010 Shares for applicable tax withholding, the Reporting Person received a net amount of 54,492 Shares. These Shares are fully vested.

The Reporting Person has been issued 38,853 shares of common stock ("Shares") of Safehold Inc. (NYSE: SAFE) in connection with an annual incentive award. After deducting 19,148 Shares for applicable tax withholding, the Reporting Person received a net amount of 19,706 Shares. These Shares are fully vested.

On January 15, 2025, the Reporting Person acquired 28 Common Stock Equivalents (CSEs) in accordance with the provisions of the Non-Employee Directors' Deferral Plan (Plan). Under the Plan, as dividends are declared and paid on Safehold Inc. common stock, the Reporting Person's holdings of outstanding CSEs are credited with additional CSEs based on the amount of the dividend and the value of a share of Safehold Inc. Common Stock on the dividend date. Each CSE is convertible on a one-for-one basis into shares of Safehold Inc. common stock.

On January 15, 2025, the Reporting Person acquired 309 Common Stock Equivalents (CSEs) in accordance with the provisions of the Non-Employee Directors' Deferral Plan (Plan). Under the Plan, as dividends are declared and paid on Safehold Inc. common stock, the Reporting Person's holdings of outstanding CSEs are credited with additional CSEs based on the amount of the dividend and the value of a share of Safehold Inc. Common Stock on the dividend date. Each CSE is convertible on a one-for-one basis into shares of Safehold Inc. common stock.

On October 15, 2024, the Reporting Person acquired 19 Common Stock Equivalents (CSEs) in accordance with the provisions of the Non-Employee Directors' Deferral Plan (Plan). Under the Plan, as dividends are declared and paid on Safehold Inc. common stock, the Reporting Person's holdings of outstanding CSEs are credited with additional CSEs based on the amount of the dividend and the value of a share of Safehold Inc. Common Stock on the dividend date. Each CSE is convertible on a one-for-one basis into shares of Safehold Inc. common stock.

On October 15, 2024, the Reporting Person acquired 210 Common Stock Equivalents (CSEs) in accordance with the provisions of the Non-Employee Directors' Deferral Plan (Plan). Under the Plan, as dividends are declared and paid on Safehold Inc. common stock, the Reporting Person's holdings of outstanding CSEs are credited with additional CSEs based on the amount of the dividend and the value of a share of Safehold Inc. Common Stock on the dividend date. Each CSE is convertible on a one-for-one basis into shares of Safehold Inc. common stock.

On July 15, 2024, the Reporting Person acquired 238 Common Stock Equivalents (CSEs) in accordance with the provisions of the Non-Employee Directors' Deferral Plan (Plan). Under the Plan, as dividends are declared and paid on Safehold Inc. common stock, the Reporting Person's holdings of outstanding CSEs are credited with additional CSEs based on the amount of the dividend and the value of a share of Safehold Inc. Common Stock on the dividend date.

On March 31, 2023, the merger (the "Merger") of Safehold Inc. ("Old Safe") with and into iStar Inc. ("iStar") closed, with iStar Inc. surviving the Merger and changing its name to Safehold Inc. ("New SAFE"; NYSE: SAFE). Column 5 includes 10,068 CSEs received in connection with iStar's reverse split which were previously inadvertently omitted from Reporting Person's direct total ownership. Each CSE is convertible on a one-for-one basis into shares of common stock.

On July 15, 2024, the Reporting Person acquired 22 Common Stock Equivalents (CSEs) in accordance with the provisions of the Non-Employee Directors' Deferral Plan (Plan). Under the Plan, as dividends are declared and paid on Safehold Inc. common stock, the Reporting Person's holdings of outstanding CSEs are credited with additional CSEs based on the amount of the dividend and the value of a share of Safehold Inc. Common Stock on the dividend date.

On March 31, 2023, the merger (the "Merger") of Safehold Inc. ("Old Safe") with and into iStar Inc. ("iStar") closed, with iStar Inc. surviving the Merger and changing its name to Safehold Inc. ("New SAFE"; NYSE: SAFE). Column 5 includes 890 CSEs received in connection with iStar's reverse split which were previously inadvertently omitted from Reporting Person's direct total ownership. Each CSE is convertible on a one-for-one basis into shares of common stock.

The Reporting Person has been granted 11,030 Units, representing the right to receive an equivalent number of common stock of Safehold Inc. if and when the Units vest. The Units will vest in one installment on May 15, 2025, if certain service conditions have been satisfied.

The Reporting Person has been granted 7,090 Units, representing the right to receive an equivalent number of common stock of Safehold Inc. if and when the Units vest. The Units will vest in one installment on May 15, 2025, if certain service conditions have been satisfied.

The Reporting Person has been granted 7,090 Units, representing the right to receive an equivalent number of common stock of Safehold Inc. if and when the Units vest. The Units will vest in one installment on May 15, 2025, if certain service conditions have been satisfied.

The Reporting Person has been granted 7,090 Units, representing the right to receive an equivalent number of common stock of Safehold Inc. if and when the Units vest. The Units will vest in one installment on May 15, 2025, if certain service conditions have been satisfied.

On April 15, 2024, the Reporting Person acquired 25 Common Stock Equivalents (CSEs) in accordance with the provisions of the Non-Employee Directors' Deferral Plan (Plan). Under the Plan, as dividends are declared and paid on Safehold Inc. common stock, the Reporting Person's holdings of outstanding CSEs are credited with additional CSEs based on the amount of the dividend and the value of a share of Safehold Inc. Common Stock on the dividend date.

Includes CSEs, which were previously reported as a separate security under Table I, and dividend equivalent rights issued in the form of CSEs on each dividend distribution date, some of which (in amounts ranging from 19 to 28 CSEs) may not have been reported separately on a Form 4. Each CSE is convertible on a one-for-one basis into shares of common stock.

On April 15, 2024, the Reporting Person acquired 274 Common Stock Equivalents (CSEs) in accordance with the provisions of the Non-Employee Directors' Deferral Plan (Plan). Under the Plan, as dividends are declared and paid on Safehold Inc. common stock, the Reporting Person's holdings of outstanding CSEs are credited with additional CSEs based on the amount of the dividend and the value of a share of Safehold Inc. Common Stock on the dividend date.

Includes CSEs, which were previously reported as a separate security under Table I, and dividend equivalent rights issued in the form of CSEs on each dividend distribution date, 199 of which were acquired on July 14, 2023, 304 of which were acquired on October 13, 2023 and 234 of which were acquired on January 16, 2024. Such dividends were not separately reported on a Form 4. Each CSE is convertible on a one-for-one basis into shares of common stock.

Represents shares withheld by the issuer to satisfy the Reporting Person's tax withholding obligation in connection with the vesting of certain Restricted Stock Units ("RSUs") previously granted to the Reporting Person.

Includes Restricted Stock Units which were previously reported as a separate item under Table I.

Represents shares withheld by the issuer to satisfy the Reporting Person's tax withholding obligation in connection with the vesting of certain Restricted Stock Units ("RSUs") previously granted to the Reporting Person.

Includes RSUs which were previously reported as a separate item under Table I.