John H. Alschuler Jr. - 05 Jan 2026 Form 4 Insider Report for SL GREEN REALTY CORP (SLG)

Role: Director
Signature: /s/ John H. Alschuler, Jr., by Andrew S. Levine, Attorney-in-Fact
Issuer symbol: SLG
Transactions as of: 05 Jan 2026
Net transactions value: -$310,441
Form type: 4
Filing time: 09 Jan 2026, 16:11:37 UTC
Previous filing: 06 Jan 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
ALSCHULER JOHN H JR	Director	C/O SL GREEN REALTY CORP., ONE VANDERBILT AVENUE - 28TH FLOOR, NEW YORK	/s/ John H. Alschuler, Jr., by Andrew S. Levine, Attorney-in-Fact	09 Jan 2026	0001216192

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	SLG	Phantom Stock Units	Award	$0	+5,004	+30%	$0.000000	21,500	05 Jan 2026	Common Stock	5,004		Direct	F1, F2
transaction	SLG	Phantom Stock Units	Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities	$235,000	-5,004	-23%	$46.96	16,496	05 Jan 2026	Common Stock	5,004		Direct	F1, F2, F3
transaction	SLG	Phantom Stock Units	Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities	$75,441	-1,645	-10%	$45.87	14,852	09 Jan 2026	Common Stock	1,645		Direct	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Phantom Stock Units convert to Common Stock on a 1-for-1 basis.
F2	The Phantom Stock Units become payable in Common Stock (or in certain cases in cash) upon (unless the reporting person elects otherwise in accordance with the documents governing the applicable program) the earlier of (i) the January 1 coincident with or next following the earlier of (A) the reporting person's ceasing to be a director, and (B) the reporting person's death, and (ii) a change of control of the Issuer (as determined under such governing documents), in each case to the extent vested. In addition, the reporting person (i) has been permitted to elect to receive distributions in the form of installment payments, and (ii) may be permitted to receive distributions for certain unforeseeable emergencies.
F3	Represents settlement of Phantom Stock Units in cash, based on the price set forth in Column 8 above. Prior to payment, the reporting person had the right to transfer the value of the reporting person's Phantom Stock Units into an alternative investment account.