Form 4: Nicholas Schorsch Increases Stake in NYC

Nicholas S. Schorsch and affiliated entities reported an acquisition of 1,500 shares of American Strategic Investment Co. at a weighted average price of $8.29.

Summary

• Nicholas S. Schorsch, through affiliated entities, acquired 1,500 shares of American Strategic Investment Co. (NYC) Class A common stock.
• The shares were purchased on June 15, 2026, at a weighted average price of $8.29 per share, with individual transaction prices ranging from $7.99 to $8.63.
• The reporting group, which includes Bellevue Capital Partners, LLC and AR Global Investments, LLC, maintains a collective beneficial ownership of over 10% of the issuer's outstanding common stock.
• The filing clarifies the complex ownership structure where Mr. Schorsch serves as the managing member of the entities controlling the advisor.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as mildly positive, as insider accumulation generally reflects confidence, though the small size of the purchase limits its impact.

Positives

• Insider confidence is demonstrated by the continued accumulation of shares by a major stakeholder.
• The purchase price range indicates active market participation by the reporting person.

Negatives

• The transaction volume of 1,500 shares is relatively small compared to the total beneficial ownership of over 1 million shares, suggesting a minor adjustment rather than a major strategic shift.

Risks

• The reporting persons are part of a Section 13(d) group, which may imply potential future influence on corporate governance or strategic direction.
• The complex, multi-layered ownership structure involving multiple LLCs could complicate transparency for retail investors.

Future Outlook

No specific forward-looking guidance regarding company operations was provided in this ownership disclosure.

Management Comments

• The reporting persons disclaim beneficial ownership of securities held by other group members except to the extent of their pecuniary interest.

Industry Context

StockSavvy.ai notes that insider buying in real estate investment vehicles often signals management's belief that the stock is undervalued relative to its net asset value, though this specific transaction is minor in scale.

Comparison to Industry Standards

• The filing follows standard SEC disclosure requirements for 10% owners and insiders under Section 16(a).
• The use of a weighted average price for multiple transactions is consistent with standard reporting practices for institutional investors.

Related Party Transactions

• The filing details a complex web of related entities including Bellevue Capital Partners, LLC, AR Global Investments, LLC, and American Realty Capital III, LLC, all controlled by Nicholas S. Schorsch.

Stakeholder Impact

• Shareholders may view the continued accumulation by a 10% owner as a sign of long-term commitment to the company's strategy.

Next Steps

• Continued monitoring of Form 4 filings for further accumulation or divestment by the Schorsch-affiliated group.

Key Dates

Keywords

American Strategic Investment Co, NYC, Nicholas Schorsch, Insider Trading, Form 4, Beneficial Ownership, Real Estate Investment