0001172661-24-000735 SC 13G/A 1 20240212 20240212 SAFEGUARD SCIENTIFICS INC 0000086115 6799 05 Real Estate & Construction 231609753 PA 1231 SC 13G/A 34 005-19574 24620996 150 NORTH RADNOR-CHESTER ROAD SUITE F-200 RADNOR PA 19087 610 293 0600 150 NORTH RADNOR-CHESTER ROAD SUITE F-200 RADNOR PA 19087 SAFEGUARD INDUSTRIES INC 19810525 SAFEGUARD CORP 19690521 FIRST MANHATTAN CO. LLC. 0000728083 131957714 NY 1231 SC 13G/A 399 PARK AVE NEW YORK NY 10022 2127563300 399 PARK AVE NEW YORK NY 10022 FIRST MANHATTAN CO 19960606 SC 13G/A 1 firstmanhattan-sfe123123a14.htm -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13G/A Under the Securities Exchange Act of 1934 (Amendment No. 14)* Safeguard Scientifics, Inc. (Name of Issuer) Common Stock, par value $0.10 (Title of Class of Securities) 786449207 (CUSIP Number) December 31, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: x Rule 13d-1(b) o Rule 13d-1(c) o Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- CUSIP No. 786449207 SCHEDULE 13G/A Page 2 of 6 Pages NAME OF REPORTING PERSONS 1 First Manhattan Co. LLC CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP 2 (a) o (b) x SEC USE ONLY 3 CITIZENSHIP OR PLACE OF ORGANIZATION 4 Delaware SOLE VOTING POWER 5 NUMBER OF 0 SHARES SHARED VOTING POWER BENEFICIALLY 6 OWNED BY 652,704 EACH SOLE DISPOSITIVE POWER REPORTING 7 PERSON 0 WITH SHARED DISPOSITIVE POWER 8 652,704 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9 652,704 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES o 10 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 11 3.94% TYPE OF REPORTING PERSON 12 IA -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- CUSIP No. 786449207 SCHEDULE 13G/A Page 3 of 6 Pages Item 1. (a) Name of Issuer Safeguard Scientifics, Inc. Item 1. (b) Address of Issuer’s Principal Executive Offices 150 N. Radnor Chester Road, Suite F-200 Radnor, PA 19087 Item 2. (a) Name of Person Filing: First Manhattan Co. LLC Item 2. (b) Address of Principal Business Office: 399 Park Avenue New York, NY 10022 Item 2. (c) Citizenship: Delaware Item 2. (d) Title of Class of Securities Common Stock, par value $0.10 Item 2. (e) CUSIP No.: 786449207 CUSIP No. 786449207 SCHEDULE 13G/A Page 4 of 6 Pages Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); (b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); (d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) [x] An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G); (h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [ ] A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J); (k) [ ] A group, in accordance with §240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution: CUSIP No. 786449207 SCHEDULE 13G/A Page 5 of 6 Pages Item 4. Ownership Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: 652,704 (b) Percent of class: 3.94% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 652,704 (iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 652,704 Item 5. Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [X]. Item 6. Ownership of More Than Five Percent on Behalf of Another Person Not Applicable. Item 7. Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company or Control Person Not Applicable. Item 8. Identification and Classification of Members of the Group Not Applicable. Item 9. Notice of Dissolution of Group Not Applicable. Item 10. Certification By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. CUSIP No. 786449207 SCHEDULE 13G/A Page 6 of 6 Pages SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: February 12, 2024 First Manhattan Co. LLC By: /s/ Jeremy Covino Jeremy Covino, Chief Compliance Officer