American Strategic Investment (NYSE: NYC) major holder adds 8,000 shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
American Strategic Investment Co. reported that entities associated with ten percent owner Nicholas S. Schorsch made an open-market purchase of 8,000 shares of Class A common stock at a weighted average price of $9.53 per share. The shares were bought in multiple trades between $8.89 and $9.85 per share.
After the purchase, indirect holdings reported for the entity described in the footnotes totaled 1,089,620 shares, while 26,559 shares are reported as directly owned by Bellevue Capital Partners, LLC, which is controlled by Schorsch. Overall, the filing reflects a relatively small net increase in an already large ownership position.
Positive
- None.
Negative
- None.
Insights
Entity linked to a major holder added 8,000 NYC shares, a small increase versus existing stake.
Entities associated with ten percent owner Nicholas S. Schorsch reported an open-market purchase of 8,000 shares of American Strategic Investment Co. Class A common stock at a weighted average price of $9.53 per share. Trades occurred within a range of $8.89 to $9.85.
Following the transaction, indirect holdings for the reporting entity rose to 1,089,620 shares, alongside 26,559 shares reported as directly owned by Bellevue Capital Partners, LLC. Given the scale of existing holdings, the additional 8,000 shares represent a modest incremental increase, so the informational signal for investors appears limited.
Insider Trade Summary
Net Buyer: 8,000 shares ($76,240)
Net Buy
3 txns
Insider
SCHORSCH NICHOLAS S, Bellevue Capital Partners, LLC, AR Global Investments, LLC, American Realty Capital III, LLC, New York City Special Ltd. Partnership, LLC, New York City Advisors, LLC
Role
10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner
Bought
8,000 shs ($76K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A common stock | 8,000 | $9.53 | $76K |
| holding | Class A common stock | -- | -- | -- |
| holding | Class A common stock | -- | -- | -- |
Holdings After Transaction:
Class A common stock — 1,089,620 shares (Indirect, See footnote);
Class A common stock — 26,559 shares (Direct)
Footnotes (1)
- Mr. Nicholas S. Schorsch is the sole managing member of Bellevue Capital Partners, LLC ("BCP"), who is the ultimate controlling person of the Advisor, and has voting and investment discretion with respect to the securities held of record by the Advisor. BCP is the sole member of AR Global Investments, LLC, who 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, who is the sole member of the Advisor, the record holder of the securities reported herein. The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $8.89-$9.85, inclusive. 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. Represents shares of Class A common stock directly owned by BCP. Mr. Nicholas S. Schorsch is the sole managing member of BCP, and has voting and investment discretion with respect to the securities held of record by BCP. Represents shares of Class A common stock owned solely by Mr. Nicholas S. Schorsch.
Key Figures
Shares purchased: 8,000 shares
Weighted average price: $9.53 per share
Purchase price range: $8.89–$9.85 per share
+3 more
6 metrics
Shares purchased
8,000 shares
Open-market purchase of Class A common stock
Weighted average price
$9.53 per share
Price for 8,000-share open-market purchase
Purchase price range
$8.89–$9.85 per share
Range of prices across multiple trades
Indirect holdings after trade
1,089,620 shares
Indirect Class A common stock position after purchase
Directly owned shares
26,559 shares
Class A common stock directly owned by Bellevue Capital Partners, LLC
Net buy shares
8,000 shares
Net buy direction in transaction summary
Key Terms
open-market purchase, weighted average price, ten percent owner, indirect ownership, +1 more
5 terms
open-market purchase financial
"reported an open-market purchase of 8,000 shares of Class A common stock"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
ten percent owner financial
"reporting persons are identified as a ten percent owner of the issuer"
indirect ownership financial
"indirect holdings reported for the entity described in the footnotes totaled 1,089,620 shares"
voting and investment discretion financial
"has voting and investment discretion with respect to the securities held of record"
FAQ
What insider transaction did NYC report for American Strategic Investment Co.?
American Strategic Investment Co. reported an open-market purchase of 8,000 Class A shares by entities associated with ten percent owner Nicholas S. Schorsch. The weighted average price was $9.53 per share, with trades executed between $8.89 and $9.85.
What is the size of the indirect NYC stake after the reported purchase?
After the 8,000-share purchase, the filing shows 1,089,620 shares of American Strategic Investment Co. Class A common stock held indirectly by the reporting entity referenced in the footnotes. This reflects a large pre-existing stake with a small incremental addition.
Does the NYC Form 4 indicate a net buy or sell position for this period?
The Form 4 reflects a net-buy position. The transaction summary shows one open-market purchase totaling 8,000 shares of American Strategic Investment Co. Class A common stock and no reported sales, resulting in a net increase in the reported holdings.