Weil plans $120K American Strategic share sale
Rhea-AI Filing Summary
American Strategic Investment Co. (symbol NYC) is the issuer of common stock that Edward M. Weil plans to sell under Rule 144. The notice describes a proposed sale of 15,000 shares of common stock through Merrill Lynch on the NYSE, with an aggregate market value of $120,000. Shares of American Strategic Investment Co. outstanding are listed as 2,919,885. The filing also notes that Weil acquired 292,500 shares as compensation on July 9, 2026, and that he has sold several smaller blocks of shares during the past three months.
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Key Figures
Shares proposed to be sold: 15,000 shares of common stock
Aggregate market value of proposed sale: $120,000
Shares outstanding: 2,919,885 shares
+5 more
8 metrics
Shares proposed to be sold
15,000 shares of common stock
Planned Rule 144 sale through Merrill Lynch on the NYSE
Aggregate market value of proposed sale
$120,000
Value for 15,000 shares of American Strategic Investment Co. common stock
Shares outstanding
2,919,885 shares
American Strategic Investment Co. common stock outstanding
Shares acquired as compensation
292,500 shares
Common stock acquired by Edward M. Weil on July 9, 2026 as compensation
Sale on August 14, 2026
2,000 shares for $15,000
Past 3-month sale of American Strategic Investment Co. stock by Edward M. Weil
Sale on August 19, 2026
1,000 shares for $7,010
Past 3-month sale of American Strategic Investment Co. stock by Edward M. Weil
Sale on August 20, 2026
2,000 shares for $14,005
Past 3-month sale of American Strategic Investment Co. stock by Edward M. Weil
Sale on August 21, 2026
2,500 shares for $17,500
Past 3-month sale of American Strategic Investment Co. stock by Edward M. Weil
Key Terms
Rule 144, aggregate market value, Securities To Be Sold, compensation
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
aggregate market value financial
"Common | Merrill Lynch ... | 15000 | 120000 | 2919885"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
Securities To Be Sold regulatory
"144: Securities To Be Sold Common | 07/09/2026 | Compensation"
compensation financial
"Common | 07/09/2026 | Compensation | na | | | 292500"
FAQ
What does Edward M. Weil plan to sell under Rule 144 for NYC?
Edward M. Weil filed a notice to sell 15,000 shares of American Strategic Investment Co. common stock under Rule 144. The planned sale is through Merrill Lynch on the NYSE with an indicated aggregate market value of $120,000.
What NYC stock sales has Edward M. Weil made in the past three months?
The filing lists four sales of American Strategic Investment Co. stock by Edward M. Weil over the past three months: 2,000 shares on August 14, 2026; 1,000 shares on August 19, 2026; 2,000 shares on August 20, 2026; and 2,500 shares on August 21, 2026.
Which broker is handling the planned NYC Rule 144 sale?
The proposed Rule 144 sale of American Strategic Investment Co. common stock is listed as being handled through Merrill Lynch, located at 75 Rockefeller Plaza in New York, with the shares to be sold on the NYSE.
AI-generated analysis. How Rhea-AI works. Not financial advice.