American Strategic Investment Co. (NYSE: NYC) director reports 300,000-share partnership distribution
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
American Strategic Investment Co. director Edward M. Weil Jr. reported an internal equity reallocation. On July 7, 2026, Bellevue Capital Partners, LLC distributed 300,000 shares of Class A Common Stock to Mr. Weil as a distribution of partnership assets. Following this non-market transaction, he directly holds 300,109 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Weil Edward M Jr.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock | 300,000 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 300,109 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares distributed: 300,000 shares
Shares held after transaction: 300,109 shares
Transaction price per share: $0.0000
+1 more
4 metrics
Shares distributed
300,000 shares
Distribution of partnership assets from Bellevue Capital Partners, LLC to Edward M. Weil Jr. on July 7, 2026
Shares held after transaction
300,109 shares
Direct holdings of Edward M. Weil Jr. following the reported transaction
Transaction price per share
$0.0000
Form 4 reports no cash consideration for the internal distribution
Restructuring shares
300,000 shares
Classified in transaction summary as restructuring-related shares for code J
Key Terms
distribution of partnership assets, Class A Common Stock, other acquisition or disposition
3 terms
distribution of partnership assets financial
"distributed 300,000 shares to Mr. Weil in a distribution of partnership assets"
Class A Common Stock financial
"distributed 300,000 shares to Mr. Weil in a distribution of partnership assets."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
other acquisition or disposition regulatory
"transaction_code_description": "Other acquisition or disposition""
FAQ
What insider transaction did NYC director Edward M. Weil Jr. report?
Edward M. Weil Jr. reported receiving 300,000 shares of Class A Common Stock on July 7, 2026, via a distribution of partnership assets from Bellevue Capital Partners, LLC.
Was the American Strategic Investment Co. (NYC) Form 4 transaction a market purchase or sale?
The Form 4 for American Strategic Investment Co. (NYC) shows an internal reallocation coded “J,” reflecting other acquisition or disposition, not an open-market buy or sale.
What is the size of the equity distribution reported for American Strategic Investment Co. (NYC)?
The equity distribution involved 300,000 shares of American Strategic Investment Co. Class A Common Stock, transferred from Bellevue Capital Partners, LLC to Edward M. Weil Jr.
What does transaction code “J” mean in the NYC Form 4 filing?
Transaction code “J” in the American Strategic Investment Co. Form 4 indicates an other acquisition or disposition, here tied to a restructuring-style distribution of partnership assets.