American Strategic Investment Co. (NYSE: NYC) director Schorsch reports open-market stock purchases
Rhea-AI Filing Summary
American Strategic Investment Co. (NYC)12/08/2025, 12/09/2025, and 12/10/2025, they each acquired 1,080 shares at weighted average prices of $7.75, $8.06, and $8.20, respectively, through indirect holdings.
Following these transactions, affiliated entities reported indirect beneficial ownership of up to 1,036,714 shares, and Mr. Schorsch also reported 26,559 shares owned directly. The filing explains a multi‑layered ownership structure involving Bellevue Capital Partners, LLC and related entities and notes that the reporting persons may be deemed part of a Section 13(d) group that collectively owns more than 10% of the company’s common stock, while expressly disclaiming beneficial ownership of other group members’ shares.
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FAQ
What did insiders report in this Form 4 for American Strategic Investment Co. (NYC)?
The filing reports that Nicholas S. Schorsch and affiliated entities purchased 1,080 shares of Class A common stock on each of 12/08/2025, 12/09/2025, and 12/10/2025 at weighted average prices of $7.75, $8.06, and $8.20, respectively, and updated their beneficial ownership totals.
How many American Strategic Investment Co. (NYC) shares are reported as beneficially owned after these transactions?
After the reported transactions, affiliated entities reported indirect beneficial ownership of up to 1,036,714 Class A common shares, and Mr. Schorsch reported an additional 26,559 shares owned directly.
Who is the reporting person in this American Strategic Investment Co. (NYC) Form 4 and what is his role?
The primary reporting person is Nicholas S. Schorsch, who is identified as a directorBellevue Capital Partners, LLC, which ultimately controls the advisor that holds certain reported shares.
What are the weighted average purchase prices disclosed in the NYC insider transactions?
The reported weighted average prices per share are $7.75 for purchases on 12/08/2025, $8.06 for purchases on 12/09/2025, and $8.20 for purchases on 12/10/2025, with each day’s activity covering multiple individual trades within stated price ranges.
How is the ownership structure for the reported NYC shares described?
The filing explains that Bellevue Capital Partners, LLC is the sole member of AR Global Investments, LLC, which is the sole member of American Realty Capital III, LLC. That entity is the sole member of New York City Special Limited Partnership, LLC, which is the sole member of the advisor that holds certain shares, with Mr. Schorsch having voting and investment discretion through this chain.
Do the reporting persons in this NYC Form 4 claim to be part of a 10% beneficial ownership group?
The filing states that the reporting persons are submitting the report because they may be deemed members of a Section 13(d) group that collectively beneficially owns more than 10% of American Strategic Investment Co.’s outstanding common stock, while expressly disclaiming beneficial ownership of other group members’ securities.
Do the NYC reporting persons disclaim any beneficial ownership in this filing?
Yes. Each reporting person expressly disclaims beneficial ownership of securities beneficially owned by other group members and disclaims beneficial ownership of the reported securities except to the extent of any pecuniary interest.