Form 4: American Strategic Investment Co. Director Nicholas Schorsch Significantly Increases Stake

Nicholas S. Schorsch, a Director and 10% owner of American Strategic Investment Co., has increased his beneficial ownership of Class A common stock through a series of purchases in late June and early July 2025.

Summary

• Nicholas S. Schorsch, a Director and 10% owner of American Strategic Investment Co. (NYC), acquired a total of 4,920 shares of Class A common stock through open market purchases.
• On June 30, 2025, 1,640 shares were purchased at a weighted average price of $13.09 per share, with prices ranging from $12.91 to $13.63.
• On July 1, 2025, two separate purchases occurred: 786 shares at a weighted average price of $13.87 (ranging from $13.35 to $14.15) and 854 shares at a weighted average price of $14.97 (ranging from $14.58 to $15.20).
• On July 2, 2025, an additional 1,640 shares were purchased at a weighted average price of $14.83 per share, with prices ranging from $14.65 to $15.02.
• Following these transactions, Mr. Schorsch's indirect beneficial ownership through Bellevue Capital Partners, LLC (BCP) increased to 1,014,934 shares.
• Mr. Schorsch also holds an indirect beneficial ownership of 520,666 shares through New York City Advisors, LLC (the Advisor) and directly owns 26,559 shares.
• The total beneficial ownership for Mr. Schorsch, including direct and indirect holdings, amounts to 1,562,159 shares of Class A common stock after these reported transactions.

Sentiment

Score: 9

Explanation: The sentiment is highly positive due to substantial insider buying by a key director and 10% owner, indicating strong confidence in the company's value and future prospects.

Positives

• Significant insider buying by a Director and 10% owner, Nicholas S. Schorsch, signals strong confidence in the company's future prospects.
• The consistent purchases across multiple days indicate a deliberate strategy to increase exposure to American Strategic Investment Co. equity.
• The increase in beneficial ownership by a key insider aligns management and shareholder interests, potentially reducing agency costs.

Risks

• 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.
• 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.

Future Outlook

The document, a Form 4, reports insider transactions and does not provide forward-looking statements or guidance regarding the company's future outlook.

Industry Context

Insider buying by a director and significant owner in a real estate investment company can be interpreted as a positive signal, suggesting management's belief in the company's valuation and future performance within the real estate sector.

Related Party Transactions

• The filing indicates a complex ownership structure where Nicholas S. Schorsch is the sole managing member of Bellevue Capital Partners, LLC (BCP), which is the ultimate controlling person of New York City Advisors, LLC (the Advisor), and other entities (AR Global Investments, LLC, American Realty Capital III, LLC, New York City Special Limited Partnership, LLC) through which shares are indirectly held. The reporting persons are filing as a Section 13(d) group, suggesting coordinated beneficial ownership among these related entities.

Stakeholder Impact

• Shareholders may view the significant insider purchases as a strong vote of confidence from management, potentially leading to increased investor interest and positive sentiment.
• The increased alignment of interests between a key director/owner and other shareholders could foster greater trust and stability.

Key Dates

Recommendation

Keywords

American Strategic Investment Co., NYC, Nicholas S. Schorsch, Insider Trading, Form 4, Stock Purchase, Beneficial Ownership, Director, 10% Owner, Equity Acquisition, Real Estate Investment