Form 4: Insider Boosts Stake in American Strategic Investment Co.

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. (NYC), along with several affiliated entities, reported recent acquisitions of Class A common stock.
• On September 17, 2025, 729 shares of Class A common stock were purchased at a weighted average price of $9.91 per share, with prices ranging from $9.60 to $10.04.
• On September 19, 2025, an additional 729 shares of Class A common stock were purchased at a weighted average price of $9.88 per share, with prices ranging from $9.82 to $9.90.
• Following these transactions, the indirect beneficial ownership attributed to the reporting persons includes 1,020,367 shares of Class A common stock held by Bellevue Capital Partners, LLC (BCP), and 520,666 shares held indirectly through New York City Advisors, LLC.
• Mr. Schorsch also directly owns 26,559 shares of Class A common stock.
• The reporting persons are filing this Form 4 as they may be deemed members of a Section 13(d) group collectively owning more than 10% of the Issuer's outstanding common stock, though they disclaim beneficial ownership of securities owned by other group members, except to the extent of their pecuniary interest.

Sentiment

Score: 7

Explanation: The sentiment is positive due to significant insider buying by a director and 10% owner, indicating strong confidence in the company's prospects. While the number of shares purchased is not massive, the consistent buying by a key insider is a strong signal.

Positives

• A Director and 10% owner, Nicholas S. Schorsch, along with affiliated entities, increased their stake in American Strategic Investment Co., signaling confidence in the company's future prospects.
• The purchases were made at prices ranging from $9.60 to $10.04, indicating a belief in value at these levels.

Risks

• The reporting persons are part of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding common stock, which could imply coordinated influence over company decisions.
• The reporting persons expressly disclaim beneficial ownership of securities beneficially owned by other group members, except to the extent of their pecuniary interest, which introduces complexity in assessing total control.

Future Outlook

NA

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 reported ranges.
• 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.

Industry Context

NA

Related Party Transactions

• The reported transactions involve the purchase of Class A common stock by Nicholas S. Schorsch, a Director and 10% owner, and entities affiliated with him, which constitutes related party dealings.

Stakeholder Impact

• Shareholders may view the insider purchases as a positive indicator, potentially boosting investor confidence and demand for the stock.
• The increased stake by a 10% owner and director could lead to greater influence over corporate decisions, which may impact other stakeholders depending on future actions.

Next Steps

• The Reporting Persons undertake to provide full information regarding the number of shares purchased at each separate price within the reported ranges upon request from the SEC, any security holder, or the Issuer.

Key Dates

Recommendation

The consistent buying by a director and 10% owner, Nicholas S. Schorsch, and his affiliated entities, signals strong insider confidence in American Strategic Investment Co.'s current valuation and future outlook. Such insider purchases are often interpreted by seasoned investors as a bullish indicator, suggesting that those with the most intimate knowledge of the company believe the stock is undervalued or poised for growth. This action provides a compelling reason to consider a 'buy' recommendation.

Keywords

American Strategic Investment Co., NYC, Nicholas S. Schorsch, Insider Trading, Form 4, Stock Purchase, Beneficial Ownership, Director, 10% Owner, Bellevue Capital Partners