SCHORSCH NICHOLAS S 4
4 · American Strategic Investment Co. · Filed Jun 24, 2026
Research Summary
AI-generated summary of this filing
American Strategic Investment (NYC) 10% Owner Nicholas Schorsch Buys Stock
What Happened Nicholas S. Schorsch, reported as a 10% owner, acquired a total of 3,500 shares of American Strategic Investment Co. (NYC) in three open-market/private purchases between June 22 and June 24, 2026. The transactions were reported on a Form 4 filed June 24, 2026, and the aggregate consideration was about $28,335 (1,500 shares at a weighted avg $7.85 = $11,775; 1,000 at $8.30 = $8,300; 1,000 at $8.26 = $8,260). These were purchases (code P), which are generally interpreted as a reinforcement of ownership rather than a sale.
Key Details
- Transaction dates and reported weighted-average prices:
- 2026-06-22: 1,500 shares @ $7.85 (weighted avg; actual prices ranged $7.71–$7.99)
- 2026-06-23: 1,000 shares @ $8.30 (weighted avg; actual prices ranged $8.27–$8.32)
- 2026-06-24: 1,000 shares @ $8.26 (weighted avg; actual prices ranged $8.06–$8.32)
- Total acquired: 3,500 shares for approximately $28,335.
- Shares owned after the transactions are not specified in the summary data of this filing; the filing notes securities are held of record by related entities described in Exhibit 99.1.
- Notable footnotes: Schorsch is the sole managing member of Bellevue Capital Partners, LLC (BCP) and related entities that are record holders; some reported shares are owned directly by BCP or by Schorsch personally. The filing also discloses the Reporting Persons may be part of a Section 13(d) group owning >10% and includes disclaimers of beneficial ownership of other group members.
- Filing timeliness: Form 4 was filed June 24, 2026, reporting trades from June 22–24 — no late filing flag is indicated.
Context
- These were straight purchases (code P), not option exercises, awards, or gifts. Purchases by significant holders (10% owner listed) can signal an intent to increase or maintain stake but do not by themselves reveal motivation.
- The filing includes weighted-average prices and ranges; the Reporting Persons offer to provide detailed per-trade price breakdowns on request to the SEC, the issuer, or any security holder.
Insider Transaction Report
- Purchase
Class A common stock
[F2][F3]2026-06-22$7.85/sh+1,500$11,775→ 1,073,620 total(indirect: See footnote) - Purchase
Class A common stock
[F4][F3]2026-06-23$8.30/sh+1,000$8,300→ 1,074,620 total(indirect: See footnote) - Purchase
Class A common stock
[F5][F3]2026-06-24$8.26/sh+1,000$8,260→ 1,075,620 total(indirect: See footnote)
- 520,666(indirect: See footnote)
Class A common stock
[F1] - 26,559
Class A common stock
[F6]
Footnotes (6)
- [F1]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.
- [F2]The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $7.71-$7.99, inclusive. The Reporting Persons undertake to provide to the staff of the Securities and Exchange Commission, to any security holder of the Issuer, or to the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.
- [F3]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.
- [F4]The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $8.27-$8.32 , inclusive. The Reporting Persons undertake to provide to the staff of the Securities and Exchange Commission, to any security holder of the Issuer, or to the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.
- [F5]The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $8.06-$8.32, inclusive. The Reporting Persons undertake to provide to the staff of the Securities and Exchange Commission, to any security holder of the Issuer, or to the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.
- [F6]Represents shares of Class A common stock owned solely by Mr. Nicholas S. Schorsch.