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    iStar Inc. filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits

    1/16/24 5:16:26 PM ET
    $STAR
    Real Estate Investment Trusts
    Real Estate
    Get the next $STAR alert in real time by email
    false 0001095651 0001095651 2024-01-16 2024-01-16 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

     

     

    FORM 8-K

     

    CURRENT REPORT

    Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

     

    Date of Report (Date of earliest event reported): January 16, 2024

     

     

     

    Safehold Inc.

    (Exact name of registrant as specified in its charter)

     

    Maryland   001-15371   95-6881527
    (State or other jurisdiction of
    incorporation)
      (Commission File
    Number)
      (IRS Employer
    Identification Number)

     

    1114 Avenue of the Americas  
    39th Floor  
    New York, NY 10036
    (Address of principal executive offices) (Zip Code)

     

    Registrant’s telephone number, including area code: (212) 930-9400

     

     

     

    N/A

    (Former name or former address, if changed since last report.)

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

     

    ¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

     

    ¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

     

    ¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

     

    ¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

     

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title of each class   Trading Symbol(s)   Name of each exchange on which registered
    Common stock, $0.01 par value   SAFE   NYSE

     

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

     

    Emerging growth company ☐

     

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

     

     

     

     

    Item 5.02.Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

     

    On January 16, 2024, Marcos Alvarado, the President, Chief Investment Officer and a Director of Safehold Inc. (the “Company”) informed the Company of his decision to resign from his positions, effective January 26, 2024 to pursue another professional opportunity at a private investment firm.

     

    Mr. Alvarado’s departure is not related to the Company’s financial or operating results or to any disagreements with the Company regarding the Company’s financial, operational, accounting, or reporting policies or practices.

     

    Item 7.01.Regulation FD Disclosure.

     

    On January 16, 2024, the Company issued a press release relating to Mr. Alvarado’s resignation and announced updates to its executive management team. A copy of such press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

     

    The information furnished pursuant to this Item 7.01, including the attached exhibit, shall not be deemed “filed” for purposes of the Exchange Act, or otherwise subject to the liabilities of such section, nor shall such information or exhibit be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing by the Company with the SEC.

     

    Item 9.01Financial Statements and Exhibits.

     

    (d)Exhibits

     

    Exhibit No.  Description
        
    Exhibit 99.1  Press Release
        
    Exhibit 104  Cover Page Interactive File (the cover page tags are embedded with the Inline XBRL document)

     

     

     

     

    SIGNATURE

     

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

     

          Safehold Inc.
           
    Date: January 16, 2024 By: /s/ Jay Sugarman
          Jay Sugarman
          Chief Executive Officer

     

     

     

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