American Strategic advisor granted 160K NYC shares
Rhea-AI Filing Summary
American Strategic Investment Co. (NYC) reported insider activity involving Nicholas S. Schorsch and affiliated entities that may be deemed part of a Section 13(d) group owning over 10% of the Class A common stock. On August 25, 2026, 160,766 fully vested shares were issued to New York City Advisors, LLC as fee compensation under the 2020 Advisor Omnibus Incentive Compensation Plan, indirectly attributable through the Bellevue/AR Global/ARC III/New York City Special LP ownership chain. Bellevue Capital Partners, LLC separately purchased 5,000 shares on August 26, 2026 at a weighted average price of $6.81 per share and 5,000 shares on August 27, 2026 at a weighted average price of $6.68 per share, both in multiple trades within disclosed price ranges. A separate line reports 26,559 shares of Class A common stock directly owned by Mr. Schorsch. The reporting persons disclaim beneficial ownership of securities held by other group members except to the extent of any pecuniary interest.
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Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A common stock F5, F4 | 5,000 | $6.68 | $33K |
| Purchase | Class A common stock F3, F4 | 5,000 | $6.81 | $34K |
| Grant/Award | Class A common stock F1, F2 | 160,766 | $6.98 | $1.12M |
| holding | Class A common stock F6 | -- | -- | -- |
Footnotes (6)
- F1. Fully-vested shares of Class A common stock of American Strategic Investment Co. (the "Issuer") issued pursuant to the 2020 Advisor Omnibus Incentive Compensation Plan of the Issuer to, and in connection with fees earned by, New York City Advisors, LLC, the external advisor of the Issuer (the "Advisor").
- F2. 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.
- F3. The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $6.35-$6.84, 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.
- F4. 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.
- F5. The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $6.26-$6.77, 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.
- F6. Represents shares of Class A common stock directly owned by Mr. Schorsch.
Key Figures
Key Terms
Section 13(d) group regulatory
pecuniary interest financial
weighted average price financial
Omnibus Incentive Compensation Plan financial
FAQ
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