SCHORSCH NICHOLAS S 4

What Happened

• Nicholas S. Schorsch, reported as a 10% owner (and sole managing member of Bellevue Capital Partners, LLC), acquired 1,500 shares of American Strategic Investment Co. Class A common stock in an open-market/private purchase on 2026-06-15. The filing reports a weighted average price of $8.29 per share, for a total reported value of $12,435. This was a purchase (buy), which is often viewed as a more informative signal than a sale but does not prove intent.

Key Details

• Transaction date: 2026-06-15; Form 4 filed: 2026-06-17 (timely).
• Price: weighted average $8.29; actual trades ranged $7.99–$8.63 (per footnote F2).
• Shares acquired: 1,500; total value reported: $12,435.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Notable footnotes:
  • F1–F4 describe a chain of entities (Bellevue Capital Partners, AR Global Investments, American Realty Capital III, New York City Special Limited Partnership, the Advisor) through which record ownership and voting/investment discretion are held; Schorsch is the sole managing member of BCP and exercises voting/investment discretion over securities held of record by the Advisor.
  • The reporting persons state they may be members of a Section 13(d) group that collectively owns >10% and disclaim beneficial ownership of other group members’ holdings.
• Remarks: Exhibit 99.1 (joint filer info) is incorporated by reference for more detail on relationships among reporting persons.

Context

• This transaction was a direct purchase (code P). Because Schorsch is reported as a >10% owner and holds interests through related entities, the filing reflects institutional/large-shareholder activity rather than routine executive stock-compensation transactions. Purchases by significant holders can signal increased interest but should be evaluated alongside other filings and company fundamentals.