Michael David McLaren - 10 Apr 2025 Form 4 Insider Report for SAFE & GREEN HOLDINGS CORP. (SGBX)

Signature
/s/ Michael McLaren
Issuer symbol
SGBX
Transactions as of
10 Apr 2025
Net transactions value
$0
Form type
4
Filing time
08 Dec 2025, 16:08:07 UTC
Previous filing
08 Dec 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
McLaren Michael David Chief Executive Officer, 10%+ Owner C/O SAFE & GREEN HOLDINGS CORP., 990 BISCAYNE BLVD., SUITE 501, MIAMI /s/ Michael McLaren 08 Dec 2025 0001964567

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SGBX Convertible Promissory Note Conversion of derivative security $0 +19,000 $0.000000 19,000 10 Apr 2025 Common Stock 19,000 $22.65 Direct F1, F2, F3, F7
transaction SGBX Convertible Promissory Note Conversion of derivative security $0 +20,313 +107% $0.000000 39,313 22 Aug 2025 Common Stock 20,313 $22.65 Direct F2, F3, F4, F7
transaction SGBX Convertible Promissory Note Conversion of derivative security $0 +70,000 +178% $0.000000 109,313 12 Sep 2025 Common Stock 70,000 $8.76 Direct F2, F3, F5, F7
transaction SGBX Convertible Promissory Note Conversion of derivative security $0 +203,000 +186% $0.000000 312,313 10 Oct 2025 Common Stock 203,000 $3.24 Direct F2, F3, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 10, 2025 (the "Effective Date") the Issuer and the Reporting Person executed a settlement agreement in connection with a promissory note (the "Note") dated February 25, 2023, assumed by the Reporting Person and issued by Cycle Energy Corp. ("Cycle"), an entity that merged with and into Olenox Corp. ("Olenox"), a company owned and controlled by the Reporting Person pursuant to the terms of the merger agreement executed on February 22, 2024 between Cycle and Olenox. On February 2, 2025, Olenox was acquired by the Issuer and the parties agreed to settle the Note through the issuance of shares of common stock by the Issuer to the Reporting Person.
F2 Represents the conversion price, which is equal to the price as of the market close on the trading day immediately preceding the Effective Date of each transaction.
F3 Represents the number of shares of common stock post reverse stock split effected on September 8, 2025.
F4 On August 25, 2025 (the "Effective Date") the Issuer and the Reporting Person executed a settlement agreement in connection with a promissory note (the "Note") dated February 25, 2023, assumed by the Reporting Person and issued by Cycle Energy Corp. ("Cycle"), an entity that merged with and into Olenox Corp. ("Olenox"), a company owned and controlled by the Reporting Person pursuant to the terms of the merger agreement executed on February 22, 2024 between Cycle and Olenox. On February 2, 2025, Olenox was acquired by the Issuer and the parties agreed to settle the Note through the issuance of shares of common stock by the Issuer to the Reporting Person.
F5 On September 12, 2025 (the "Effective Date") the Issuer and the Reporting Person executed a settlement agreement in connection with a promissory note (the "Note") dated February 25, 2023, assumed by the Reporting Person and issued by Cycle Energy Corp. ("Cycle"), an entity that merged with and into Olenox Corp. ("Olenox"), a company owned and controlled by the Reporting Person pursuant to the terms of the merger agreement executed on February 22, 2024 between Cycle and Olenox. On February 2, 2025, Olenox was acquired by the Issuer and the parties agreed to settle the Note through the issuance of shares of common stock by the Issuer to the Reporting Person.
F6 On October 10, 2025 (the "Effective Date") the Issuer and the Reporting Person executed a settlement agreement in connection with a promissory note (the "Note") dated February 25, 2023, assumed by the Reporting Person and issued by Cycle Energy Corp. ("Cycle"), an entity that merged with and into Olenox Corp. ("Olenox"), a company owned and controlled by the Reporting Person pursuant to the terms of the merger agreement executed on February 22, 2024 between Cycle and Olenox. On February 2, 2025, Olenox was acquired by the Issuer and the parties agreed to settle the Note through the issuance of shares of common stock by the Issuer to the Reporting Person.
F7 Pursuant to the settlement agreements, the Convertible Promissory Notes are convertible into shares of Common Stock at any time, at the option of the holder and have no expiration date.