American Strategic Investment Co. (NYC) reports 2026 shareholder voting outcomes
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
American Strategic Investment Co. reported the results of its 2026 annual stockholder meeting. Stockholders holding 2,212,437 shares, or about 82.16% of the 2,692,941 shares entitled to vote, were present in person or by proxy. They re-elected Louis P. DiPalma and Edward M. Weil, Jr. as Class III directors to serve until the 2029 annual meeting. Stockholders also ratified CBIZ CPAs P.C. as independent registered public accounting firm for the year ending December 31, 2026, and approved a non-binding advisory resolution on executive compensation.
Positive
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Negative
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8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
Shares present at meeting: 2,212,437 shares
Shares entitled to vote: 2,692,941 shares
Meeting quorum percentage: 82.16%
+4 more
7 metrics
Shares present at meeting
2,212,437 shares
Common stock present in person or by proxy at 2026 annual meeting
Shares entitled to vote
2,692,941 shares
Common stock issued, outstanding and entitled to vote at 2026 annual meeting
Meeting quorum percentage
82.16%
Percentage of shares entitled to vote represented at 2026 annual meeting
Votes for DiPalma
1,780,727 votes
For votes for director Louis P. DiPalma, Proposal 1
Votes for Weil Jr.
1,590,981 votes
For votes for director Edward M. Weil, Jr., Proposal 1
Auditor ratification for votes
1,976,286 votes
Votes for ratifying CBIZ CPAs P.C. as 2026 independent auditor
Say-on-pay for votes
1,753,132 votes
Votes for non-binding advisory approval of executive compensation
Key Terms
independent registered public accounting firm, non-binding advisory resolution, broker non-votes, Class III directors, +1 more
5 terms
independent registered public accounting firm financial
"ratified the appointment of CBIZ CPAs P.C. as the Company’s independent registered public accounting firm for the year ending December 31, 2026"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
non-binding advisory resolution financial
"adopted the non-binding advisory resolution approving the compensation of the Company’s named executive officers"
A non-binding advisory resolution is a shareholder vote that expresses investors’ opinion or recommendation but does not legally force the company to act. Think of it like a public survey: management can ignore it, but a strong vote for or against signals investor sentiment, can sway board behavior or policy decisions, and may influence market perception and future, potentially binding, actions.
broker non-votes financial
"Louis P. DiPalma | | 1,780,727 | | 121,406 | | 310,304"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
Class III directors financial
"Election of two Class III directors to serve until the Company’s 2029 Annual Meeting of stockholders"
Class III directors are members of a company’s board assigned to one of several staggered term groups, so only that class faces election in a particular year while other classes stay in place. For investors this affects corporate control and takeover risk because staggered elections make it slower and harder for an outside group to replace a majority of directors quickly—think of it as a rotating schedule for board seats that provides continuity but can also entrench existing leadership.
annual meeting of stockholders financial
"held its 2026 annual meeting of stockholders (the “Annual Meeting”) on June 2, 2026"
FAQ
What did American Strategic Investment Co. (NYC) stockholders vote on at the 2026 annual meeting?
Stockholders re-elected two Class III directors, ratified CBIZ CPAs P.C. as independent auditor for 2026, and approved a non-binding advisory resolution on executive compensation. No other proposals were considered or voted on at the meeting.
Were the director nominees re-elected at American Strategic Investment Co. (NYC) 2026 meeting?
Yes. Louis P. DiPalma received 1,780,727 votes for and 121,406 withheld, while Edward M. Weil, Jr. received 1,590,981 votes for and 311,152 withheld. Each had 310,304 broker non-votes and will serve until the 2029 annual meeting.
Did American Strategic Investment Co. (NYC) stockholders approve the company’s auditor for 2026?
Yes. Stockholders ratified the appointment of CBIZ CPAs P.C. as independent registered public accounting firm for the year ending December 31, 2026, with 1,976,286 votes for, 199,145 against, and 37,006 abstentions, and no broker non-votes reported.
How did American Strategic Investment Co. (NYC) stockholders vote on executive compensation in 2026?
Stockholders adopted the non-binding advisory resolution approving compensation of named executive officers, with 1,753,132 votes for, 134,001 against, 15,000 abstentions, and 310,304 broker non-votes. The vote is advisory and does not directly change compensation arrangements.
Which directors of American Strategic Investment Co. (NYC) will serve until the 2029 annual meeting?
Class III directors Louis P. DiPalma and Edward M. Weil, Jr. were re-elected to serve until the company’s 2029 annual meeting of stockholders, and until their respective successors are duly elected and qualify under the company’s governance framework.