4/A: Schorsch Files SEC Form 4/A for American Strategic Investment Co.

Nicholas S. Schorsch and associated entities have filed an amended SEC Form 4 detailing transactions in American Strategic Investment Co. Class A common stock.

Summary

• This filing is an amendment (Form 4/A) to a previous statement of changes in beneficial ownership for Nicholas S. Schorsch and several related entities concerning American Strategic Investment Co. (Ticker: NYC).
• The amendment corrects the balance of shares reported as owned by the Advisor.
• Nicholas S. Schorsch is identified as the sole managing member of Bellevue Capital Partners, LLC (BCP), which is the ultimate controlling person of the Advisor.
• BCP is the sole member of AR Global Investments, LLC, which is the sole member of American Realty Capital III, LLC (ARC III).
• ARC III is the sole member of New York City Special Limited Partnership, LLC, which is the sole member of the Advisor, the record holder of the securities.
• On June 30, 2026, 8,000 shares of Class A common stock were acquired at a weighted average price of $9.53, with individual transaction prices ranging from $8.89 to $9.85.
• Following these transactions, the total beneficial ownership reported includes 1,004,467 shares indirectly owned by the Advisor, 1,089,620 shares indirectly owned by BCP, and 26,559 shares directly owned by Mr. Schorsch.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, primarily serving as a correction and clarification of ownership details rather than indicating new strategic moves or significant financial performance.

Positives

• The filing clarifies ownership and corrects previous reporting errors, providing a more accurate picture of beneficial ownership.
• The acquisition of 8,000 shares at a weighted average price of $9.53 indicates continued investment by reporting persons.
• The reporting persons are acting in accordance with SEC disclosure requirements.

Negatives

• The need for an amendment suggests an initial error in reporting, which could raise minor concerns about the accuracy of prior disclosures.
• The complex ownership structure involving multiple LLCs and partnerships could be perceived as opaque by some investors.

Risks

• The filing mentions that 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, which could lead to increased regulatory scrutiny or activist investor attention.
• The disclaimer of beneficial ownership beyond pecuniary interest by each Reporting Person might be a point of contention or require further clarification in certain contexts.

Future Outlook

No specific forward-looking statements or guidance are provided in this Form 4/A, as it primarily concerns past transactions and ownership disclosures.

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 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

StockSavvy.ai notes that Form 4 filings are standard disclosures for significant shareholders and insiders, providing transparency into stock ownership and transactions. The complexity of the reporting entities in this filing is not uncommon for investment firms managing significant stakes.

Related Party Transactions

• The filing details transactions and ownership structures involving multiple related entities (Bellevue Capital Partners, LLC; AR Global Investments, LLC; American Realty Capital III, LLC; New York City Special Limited Partnership, LLC; New York City Advisors, LLC) and Nicholas S. Schorsch, indicating a complex web of related party relationships concerning the beneficial ownership of American Strategic Investment Co. stock.

Stakeholder Impact

• Shareholders: Increased transparency regarding beneficial ownership and recent transactions by key insiders.
• Regulatory Bodies (SEC): Compliance with reporting requirements, with the amendment ensuring accuracy.
• Management: Clarification of ownership structure and potential group filings.

Next Steps

• The reporting persons will continue to file necessary amendments and disclosures as required by SEC regulations.
• The company may provide further information upon request from the SEC, security holders, or the Issuer regarding transaction prices.

Key Dates

Keywords

SEC Form 4/A, Beneficial Ownership, Nicholas S. Schorsch, American Strategic Investment Co., NYC, Class A common stock, Bellevue Capital Partners, AR Global Investments, Insider Trading, Stock Transaction