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Safehold Inc.

For the period ended Dec 31, 2025. Filed Feb 12, 2026.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 12, 2026

SAFE$10.79+1.9%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits
Contents

Table of Contents

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Page
PART I​1
Item 1.Business8
Item 1A.Risk Factors8
Item 1B.Unresolved Staff Comments27
Item 1C.Cybersecurity27
Item 2.Properties28
Item 3.Legal Proceedings28
Item 4.Mine Safety Disclosures29
PART II​29
Item 5.Market for Registrant’s Equity, Related Stock Matters and Issuer Purchases of Equity Securities29
Item 6.RESERVED29
Item 7.Management’s Discussion and Analysis of Financial Condition and Results of Operations30
Item 7A.Quantitative and Qualitative Disclosures about Market Risk41
Item 8.Financial Statements and Supplementary Data42
Item 9.Changes and Disagreements with Registered Public Accounting Firm on Accounting and Financial Disclosure91
Item 9A.Controls and Procedures91
Item 9B.Other Information91
Item 9C.Disclosure Regarding Foreign Jurisdictions that Prevent Inspection91
PART III​92
Item 10.Directors, Executive Officers and Corporate Governance of the Registrant92
Item 11.Executive Compensation92
Item 12.Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters92
Item 13.Certain Relationships, Related Transactions and Director Independence92
Item 14.Principal Accountant Fees and Services92
PART IV​92
Item 15.Exhibits and Financial Statement Schedules92
SIGNATURES96
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.