---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-117317"
form_type: "8-K"
ticker: "SAFE"
cik: "0001095651"
company_name: "Safehold Inc."
filed_at: "2025-12-01T23:59:59+00:00"
generated_at: "2026-05-16T15:50:52.158123+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Safehold appoints Michael Trachtenberg as President, effective Dec 1, 2025

## Summary
- Annual base salary of $500,000; target bonus opportunity of $1,500,000.
- Signing cash bonus of $250,000; 50,000 Caret Units vesting over 5 years.
- One-time sign-on award of 93,076 RSUs vesting equally over 5 years.
- Performance-based RSUs: 60,000 tied to affordable housing commitments, 700,000 tied to stock price hurdles (target 249% increase).
- Trachtenberg previously President of Lubert-Adler real estate fund manager; 20 years of industry experience.

## SEC filing metadata
- accession: 0001104659-25-117317
- form_type: 8-K
- ticker: SAFE
- cik: 0001095651
- company_name: Safehold Inc.
- filed_at: 2025-12-01T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1095651/000110465925117317/0001104659-25-117317-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1095651/000110465925117317/tm2532139d3_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-117317
- JSON: https://secwatch.observer/filing/0001104659-25-117317.json
- Plain text: https://secwatch.observer/filing/0001104659-25-117317.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.