American Strategic Investment Co. (NYSE: NYC) reports 300,000-share insider distribution
Rhea-AI Filing Summary
American Strategic Investment Co. reported an internal equity restructuring involving entities controlled by Nicholas S. Schorsch, a ten percent beneficial owner. On July 7, 2026, Bellevue Capital Partners, LLC (BCP) distributed 300,000 shares of Class A common stock to Edward M. Weil as a distribution of partnership assets. Following these changes, BCP held 789,620 shares indirectly, while Schorsch also reported 26,559 shares held directly and additional indirect holdings of 1,004,467 shares through affiliated entities, over which he has voting and investment discretion.
Positive
- None.
Negative
- None.
Insights
Internal share redistribution among major holders; no open-market trading.
Entities associated with Nicholas S. Schorsch, a ten percent beneficial owner of American Strategic Investment Co., reallocated Class A common stock internally. Bellevue Capital Partners, LLC distributed 300,000 shares to Edward M. Weil as a distribution of partnership assets, coded as an "other" transaction (J).
After this distribution, BCP reported indirect ownership of 789,620 shares, while Schorsch also reported 26,559 shares held directly and 1,004,467 shares held indirectly through affiliated entities where he has voting and investment discretion. The filing reflects ownership structure changes rather than discretionary market buying or selling.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A common stock | 300,000 | $0.00 | -- |
| holding | Class A common stock | -- | -- | -- |
| holding | Class A common stock | -- | -- | -- |
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. On July 7, 2026, BCP distributed 300,000 shares to Mr. Edward M. Weil in a distribution of partnership assets. 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 directly owned by Mr. Schorsch.
Key Figures
Key Terms
ten percent owner regulatory
distribution of partnership assets financial
voting and investment discretion financial
sole managing member financial
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