Form 4: American Strategic Investment Co. Director and 10% Owner Increases Stake Through Recent Stock Purchases

Nicholas S. Schorsch, a Director and 10% owner of American Strategic Investment Co., along with affiliated entities, has significantly increased their beneficial ownership of Class A common stock through multiple open market purchases in mid-June 2025.

Summary

• Nicholas S. Schorsch, a Director and 10% Owner of American Strategic Investment Co. (NYC), along with several affiliated entities including Bellevue Capital Partners, LLC, AR Global Investments, LLC, American Realty Capital III, LLC, New York City Special Ltd. Partnership, LLC, and New York City Advisors, LLC, reported recent acquisitions of Class A common stock.
• On June 13, 2025, 703 shares were purchased at a weighted average price of $10.1 per share, with prices ranging from $9.77 to $10.52.
• On June 16, 2025, an additional 611 shares were acquired at a weighted average price of $10.07 per share, with prices ranging from $9.93 to $10.35.
• On June 17, 2025, another 611 shares were purchased at a weighted average price of $9.76 per share, with prices ranging from $9.70 to $9.90.
• Following these transactions, the indirect beneficial ownership of Class A common stock by the reporting group increased to 1,003,008 shares.
• Nicholas S. Schorsch also directly owns 26,559 shares and indirectly owns 520,666 shares through Bellevue Capital Partners, LLC.
• The reporting persons are filing this Form 4 as they may be deemed members of a Section 13(d) group collectively owning over 10% of the Issuer's outstanding common stock, though they disclaim beneficial ownership of securities owned by other group members.

Sentiment

Score: 8

Explanation: The document reports significant insider buying by a director and 10% owner, which is generally a strong positive signal of confidence in the company's future performance and valuation.

Positives

• Significant insider buying by a Director and 10% owner, Nicholas S. Schorsch, and affiliated entities, indicating confidence in the company's future prospects.
• The purchases were made at varying price points, including a recent purchase at a weighted average of $9.76, suggesting a belief in value at current levels.
• The total indirect beneficial ownership by the reporting group has increased to over 1 million shares (1,003,008 shares), demonstrating a substantial stake.

Risks

• The reporting persons are filing as they may be deemed to be members of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding common stock, which could imply a concentration of ownership.

Future Outlook

This Form 4 filing does not contain forward-looking statements or guidance regarding the company's future performance. It solely reports insider transactions.

Management Comments

• "The Reporting Persons are filing this Form 4 because they may be deemed to be members of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding common stock."
• "The Reporting Persons expressly disclaim beneficial ownership of the securities beneficially owned by the other group members."
• "Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of its pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose."
• The Reporting Persons undertake to provide full information regarding the number of shares purchased at each separate price within the reported ranges upon request.

Industry Context

This Form 4 filing reports insider stock purchases for American Strategic Investment Co., a company likely involved in real estate investment given its name and ticker (NYC). Insider buying can signal management's confidence in the company's valuation or future prospects within its specific real estate market segment.

Related Party Transactions

• The reported purchases of Class A common stock by Nicholas S. Schorsch and his affiliated entities are considered related party transactions, as they involve a director and significant owner of the company.

Stakeholder Impact

• Shareholders: May view the insider purchases as a positive indicator of management's confidence, potentially leading to increased investor interest and positive sentiment.
• Employees, Customers, Suppliers, Creditors: No direct impact is indicated by this filing, as it pertains solely to insider stock ownership changes.

Key Dates

Recommendation

Keywords

American Strategic Investment Co., NYC, Nicholas S. Schorsch, insider trading, Form 4, beneficial ownership, stock purchase, director, 10% owner, real estate investment, corporate governance