American Strategic Investment Co. (NYSE: NYC) insider reports 9.49% stake
Rhea-AI Filing Summary
Edward M. Weil, Jr. reports beneficial ownership of 300,109 shares of American Strategic Investment Co. Class A common stock, representing 9.49% of the class, based on 3,163,632 shares outstanding as of July 8, 2026.
Weil has sole voting power over 109 shares and no shared voting power. He has sole dispositive power over all 300,109 shares and no shared dispositive power. For 300,000 shares subject to a voting agreement, he has granted an irrevocable proxy giving Bellevue Capital Partners, LLC sole discretion to vote those shares while retaining full dispositive power.
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Key Figures
Beneficially owned shares: 300,109 shares
Ownership percentage: 9.49 %
Shares outstanding: 3,163,632 shares
+3 more
6 metrics
Beneficially owned shares
300,109 shares
Class A Common Stock beneficially owned by Edward M. Weil, Jr.
Ownership percentage
9.49 %
Percent of Class A Common Stock owned by Edward M. Weil, Jr.
Shares outstanding
3,163,632 shares
Class A Common Stock outstanding as of July 8, 2026
Sole voting power
109 shares
Shares over which Edward M. Weil, Jr. has sole power to vote
Sole dispositive power
300,109 shares
Shares over which Edward M. Weil, Jr. has sole power to dispose
Shares under voting agreement
300,000 shares
Class A shares subject to voting agreement with Bellevue Capital Partners, LLC
Key Terms
beneficially owned, dispositive power, irrevocable proxy, voting agreement
4 terms
beneficially owned financial
"Amount beneficially owned: 300,109 shares of Class A Common Stock"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
dispositive power financial
"Sole power to dispose or to direct the disposition of: 300,109"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
irrevocable proxy regulatory
"granted an irrevocable proxy to Bellevue Capital Partners, LLC to vote such shares"
An irrevocable proxy is a legal authorization in which a shareholder gives another person or entity the permanent right to vote their shares and cannot later take that voting permission back. It matters to investors because it locks who controls voting power on key issues—like board elections, mergers, or major policy changes—so it can change corporate control and influence the value or direction of an investment much like handing someone an unchangeable voting card.
voting agreement regulatory
"300,000 shares of Class A Common Stock subject to a voting agreement"
A voting agreement is a legally binding pact in which shareholders promise to cast their votes the same way on certain corporate matters, such as electing directors or approving a merger. It matters to investors because it changes who controls company decisions and makes outcomes more predictable—like a group of neighbors agreeing in advance to vote the same way on a community rule, it can strengthen or limit the influence of other shareholders and affect the company’s future direction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of American Strategic Investment Co. (NYC) does Edward M. Weil, Jr. beneficially own?
He beneficially owns 300,109 Class A shares, representing 9.49% of American Strategic Investment Co. This percentage is calculated using 3,163,632 Class A shares outstanding as of July 8, 2026, as disclosed in the ownership information.
What is the role of Bellevue Capital Partners, LLC in relation to Edward M. Weil, Jr.’s NYC holdings?
Bellevue Capital Partners, LLC holds an irrevocable proxy from Edward M. Weil, Jr. to vote 300,000 Class A shares in its sole discretion. Weil keeps full dispositive power over these shares but does not control how they are voted.
How was the 9.49% ownership figure for Edward M. Weil, Jr. in NYC calculated?
The 9.49% figure is based on his beneficial ownership of 300,109 Class A shares divided by 3,163,632 Class A shares outstanding as of July 8, 2026. The company’s disclosed outstanding share count is the denominator for this ownership percentage.