Form 4: American Strategic Investment Co. CFO Reports Tax-Related Stock Transaction
SEC Form 4 Filing
Michael Joseph LeSanto, CFO of American Strategic Investment Co., reports a transaction involving the withholding of Class A Common Stock to cover taxes on vested restricted shares.
Summary
- On April 25, 2025, Michael Joseph LeSanto, the Chief Financial Officer of American Strategic Investment Co., reported a transaction.
- The transaction involved the withholding of 14 shares of Class A Common Stock at a price of $12 per share.
- These shares were withheld to cover taxes on the vesting of restricted shares previously granted to Mr. LeSanto.
- Following the transaction, Mr. LeSanto beneficially owns 4,578 shares of Class A Common Stock directly.
Sentiment
Score: 5
Explanation: The document reflects a neutral event (tax withholding) and doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax withholding procedure related to vested equity compensation.
Key Dates
| Date | Description |
|---|---|
| 04/25/2025 | Date of the reported transaction (stock withholding for tax purposes). |
| 05/12/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Michael Joseph LeSanto, American Strategic Investment Co., CFO, Class A Common Stock, Tax Withholding, Restricted Shares
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