SCHORSCH NICHOLAS S 4
Research Summary
AI-generated summary
American Strategic Investment Co. 10% Owner Nicholas Schorsch Buys Stock
What Happened
Nicholas S. Schorsch, reported as a 10% owner, made three open-market purchases of American Strategic Investment Co. Class A shares on Jan 27–29, 2026. He bought 1,664 shares on Jan 27 at $10.53 ($17,522), 1,664 shares on Jan 28 at $11.73 ($19,519), and 1,664 shares on Jan 29 at $11.15 ($18,554), for a total of 4,992 shares purchased for approximately $55,595. These were purchases (buy transactions), which retail investors often view as a stronger signal than routine sales.
Key Details
- Transaction dates & reported prices:
- 2026-01-27: 1,664 shares @ $10.53 (total $17,522). Footnote F2: weighted-average price; trades ranged $10.22–$10.59.
- 2026-01-28: 1,664 shares @ $11.73 (total $19,519). Footnote F4: weighted-average price; trades ranged $11.38–$11.75.
- 2026-01-29: 1,664 shares @ $11.15 (total $18,554). Footnote F5: weighted-average price; trades ranged $10.63–$11.38.
- Total bought: 4,992 shares for ~ $55,595.
- Shares owned after transaction: not specified in the provided excerpt of the Form 4.
- Filing: Report filed 2026-01-29 for transactions through 2026-01-29 — appears timely (Form 4 is generally due within two business days).
- Notable footnotes: F1/F3/F6 explain Schorsch’s relationships with Bellevue Capital Partners (BCP) and related entities; some reported shares are held of record by the Advisor/BCP and Mr. Schorsch disclaims beneficial ownership of other group members’ holdings. The filing states the Reporting Persons may be members of a Section 13(d) group owning over 10%.
Context
- These were straight open-market purchases (code P), not option exercises or gifts. The filing notes weighted-average price ranges because each reported line aggregates multiple trades; a detailed per-trade breakdown is available from the filer on request.
- As a reported 10% owner with related entities involved, this is institutional/large-holder activity rather than an ordinary employee trade; the filing includes disclaimers about group ownership and pecuniary interest.
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