Form 4: American Strategic Investment Co. Sees Insider Stock Buys

Nicholas S. Schorsch and affiliated entities increased their indirect beneficial ownership in American Strategic Investment Co. through recent stock purchases.

Summary

• Nicholas S. Schorsch, a Director and 10% owner of American Strategic Investment Co., along with several affiliated entities, filed a Form 4 detailing changes in beneficial ownership.
• On November 21, 2025, 921 shares of Class A common stock were acquired indirectly by Bellevue Capital Partners, LLC (BCP) at a weighted average price of $7.9 per share. Following this transaction, BCP's indirect beneficial ownership was 1,026,877 shares.
• On November 24, 2025, an additional 1,071 shares of Class A common stock were acquired indirectly by BCP at a weighted average price of $7.69 per share. This increased BCP's indirect beneficial ownership to 1,027,948 shares.
• The filing also indicates an indirect beneficial ownership of 520,666 shares of Class A common stock by New York City Advisors, LLC (the "Advisor"), an entity ultimately controlled by Mr. Schorsch.
• Separately, 26,559 shares of Class A common stock were disposed of directly by Mr. Nicholas S. Schorsch, though no transaction date was provided for this disposition.
• The reporting persons may be deemed members of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding common stock, but they expressly disclaim beneficial ownership of securities held by other group members.

Sentiment

Score: 7

Explanation: The significant insider buying by a Director and 10% owner, Nicholas S. Schorsch, and his affiliated entities, suggests strong confidence in the company's future. While there was a disposition of shares by Mr. Schorsch directly, the net effect across the reported entities is an increase in beneficial ownership, which is generally viewed positively by the market.

Positives

• Significant insider buying by a Director and 10% owner, Nicholas S. Schorsch, and affiliated entities, totaling 1,992 shares across two transactions.
• The purchases indicate confidence from key insiders in the company's future prospects and valuation.

Negatives

• A disposition of 26,559 shares of Class A common stock by Nicholas S. Schorsch directly was reported, for which no transaction date was provided. While the net effect across all reported entities is an increase in beneficial ownership, this direct disposition could be viewed with caution.

Future Outlook

The filing does not contain forward-looking statements or guidance regarding the company's future performance or strategic direction.

Management Comments

• "The Reporting Persons undertake to provide to the staff of the Securities and Exchange Commission, to any security holder of the Issuer, or to the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above."
• "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."

Industry Context

This filing reflects specific insider trading activity and does not provide broader industry context. Insider buying can signal management's confidence in the company's valuation or future prospects, which is a common indicator investors monitor across all industries.

Management Changes

Corporate Governance

Related Party Transactions

• The filing details a complex ownership structure where Nicholas S. Schorsch is the sole managing member of Bellevue Capital Partners, LLC (BCP), which in turn controls AR Global Investments, LLC, American Realty Capital III, LLC, New York City Special Limited Partnership, LLC, and New York City Advisors, LLC. These entities are all reporting persons and are involved in the beneficial ownership of American Strategic Investment Co. shares, indicating a network of related party dealings and ownership.

Stakeholder Impact

• Shareholders: The insider buying by a significant owner and director could be interpreted as a positive signal, potentially increasing investor confidence and demand for the stock.
• Management: The filing reflects the ongoing compliance requirements for insiders and the delegation of filing responsibilities to an attorney-in-fact.

Key Dates

Recommendation

The multiple purchases of Class A common stock by a Director and 10% owner, Nicholas S. Schorsch, and his affiliated entities, signal strong insider confidence in American Strategic Investment Co.'s valuation and future prospects. While a direct disposition by Mr. Schorsch is noted, the overall pattern of significant insider buying suggests a positive outlook from those closest to the company's operations and strategy. This type of insider activity is often a bullish indicator for investors.

Keywords

American Strategic Investment Co., NYC, Nicholas S. Schorsch, insider trading, Form 4, beneficial ownership, stock purchase, equity acquisition, director, 10% owner, Bellevue Capital Partners, AR Global Investments, American Realty Capital, New York City Special Limited Partnership, New York City Advisors