SCHORSCH NICHOLAS S 4

What Happened

• Nicholas S. Schorsch, reported as a greater-than-10% owner (and sole managing member of Bellevue Capital Partners, LLC), bought 1,664 shares of American Strategic Investment Co. in open-market/private purchases on January 30, 2026. The Form 4 reports a weighted average price of $11.58 per share for a total reported outlay of $19,269. This was a purchase transaction (code P), generally considered a more informative or potentially bullish signal than a sale.

Key Details

• Transaction date: 2026-01-30. Report filed: 2026-02-02 (timely).
• Reported price: weighted average $11.58; actual trade prices ranged $11.15–$11.73 (footnote F2).
• Quantity and value: 1,664 shares acquired; total reported cost $19,269.
• Ownership reporting: The filing includes footnotes explaining complex ownership structure — Schorsch is sole managing member of Bellevue Capital Partners (BCP) and related entities; some shares are held of record by affiliated entities (F1, F3, F4).
• Section 13(d) note: The reporting persons state they may be members of a Section 13(d) group owning >10% and disclaim beneficial ownership of other group members’ shares.
• Shares owned after the transaction are not explicitly stated in the provided summary of the Form 4.

Context

• This purchase is by a large shareholder/affiliate rather than indicated as compensation, gift, or option exercise. The dollar value is modest (~$19k) relative to typical institutional stakes; purchases by insiders can be more meaningful than routine sales, but this single small open-market buy should be viewed as one data point.
• Footnote F2 notes the filer will provide a full breakdown of how many shares were bought at each price in the $11.15–$11.73 range upon request to the SEC, the issuer, or holders.