[Form 4] American Strategic Investment Co. Insider Trading Activity

Rhea-AI Filing Summary

Michael Joseph LeSanto, Chief Financial Officer of American Strategic Investment Co. (ticker: NYC), reported acquisition of 6,000 restricted Class A common shares on 08/20/2025. The shares were issued under the company's 2020 Omnibus Incentive Compensation Plan and carry a $0 acquisition price in this report, reflecting a compensation grant rather than an open-market purchase.

The restricted shares vest over a four-year schedule beginning June 26, 2025, with 25% vesting each year. Following the reported transaction, LeSanto beneficially owns 11,400 Class A shares in total. The Form 4 was signed on 08/22/2025 by the reporting person.

Positive

• Acquisition of 6,000 restricted Class A shares under the 2020 Omnibus Incentive Compensation Plan
• Vesting schedule defined: four years with 25% vesting per annum, promoting longer‑term alignment
• Increased beneficial ownership to 11,400 Class A shares, as disclosed on the Form 4

Negative

• None.

Insights

Financial Analyst

TL;DR Insider received a time‑based restricted share grant totaling 6,000 Class A shares, aligning compensation with long‑term retention.

The reported transaction is a non‑market compensation grant: 6,000 restricted shares issued under the 2020 Omnibus Incentive Compensation Plan, recorded at $0 in the Form 4. Vesting is explicitly time‑based over four years in equal annual installments, which suggests retention incentives rather than immediate dilution from an open‑market sale. The transaction increases the CFO's beneficial ownership to 11,400 Class A shares, a straightforward disclosure with limited direct impact on near‑term capitalization or cash flow.

Corporate Governance Expert

TL;DR The grant is a standard executive compensation event with multi‑year vesting; governance implications are routine.

This Form 4 documents a compensation issuance rather than a trading decision. The restricted nature and 25% annual vesting over four years align the CFO's interests with shareholder retention objectives and reflect customary incentive plan mechanics. The filing is complete in describing the award and vesting schedule; no exceptions, amendments, or unusual terms are disclosed that would raise governance concerns.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

LeSanto Michael Joseph

(Last) (First) (Middle)

222 BELLEVUE AVE

(Street)

NEWPORT RI 02840

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
American Strategic Investment Co. [ NYC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/20/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	08/20/2025		A		6,000(1)	A	$0	11,400	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Consists of restricted shares issued pursuant to American Strategic Investment Co's 2020 Omnibus Incentive Compensation Plan that vest over a four-year period beginning on June 26, 2025, in increments of 25% per annum.

	/s/ Michael Joseph LeSanto	08/22/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did American Strategic Investment Co. (NYC) CFO Michael LeSanto report on the Form 4?

He reported receipt of 6,000 restricted Class A common shares under the company's 2020 Omnibus Incentive Compensation Plan; the report shows a $0 acquisition price.

How do the restricted shares issued to Michael LeSanto vest?

The shares vest over a four‑year period beginning June 26, 2025, with 25% vesting each year.

How many Class A shares does Michael LeSanto beneficially own after the transaction?

Following the reported grant, he beneficially owns 11,400 Class A shares.

Was the reported transaction an open‑market purchase?

No. The Form 4 records a compensation grant of restricted shares (transaction code A) at a $0 price, not an open‑market trade.

Under which plan were the shares issued?

The restricted shares were issued under the American Strategic Investment Co. 2020 Omnibus Incentive Compensation Plan.