Earnings Feed
Start Free
American Strategic Investment Co.·4

Jul 9, 9:33 PM ET

SCHORSCH NICHOLAS S 4

4 · American Strategic Investment Co. · Filed Jul 9, 2026

Research Summary

AI-generated summary of this filing

Updated

American Strategic Investment Co. 10% Owner Schorsch Distributes 300,000 Shares

What Happened
Nicholas S. Schorsch (reported as a 10% owner) recorded a disposition on July 7, 2026: 300,000 Class A shares were transferred (transaction code J) and shown as disposed by Bellevue Capital Partners, LLC (BCP). The Form 4 lists no sale price (N/A), indicating this was a distribution of partnership assets to Edward M. Weil rather than an open‑market sale.

Key Details

  • Transaction date: July 7, 2026; Form 4 filed July 9, 2026 (timely filing).
  • Transaction type/code: Other disposition (J) — distribution of partnership assets.
  • Shares transferred: 300,000 Class A common shares. Price: N/A (no cash sale reported).
  • Shares owned after transaction: not specified in the excerpt of the filing.
  • Notable footnotes:
    • F1–F3 explain ownership chain: Mr. Schorsch is sole managing member of BCP, which is record holder through a chain of entities; BCP had voting/investment discretion.
    • F2: BCP distributed 300,000 shares to Edward M. Weil.
    • Filing notes the Reporting Persons may be part of a Section 13(d) group >10% and disclaim beneficial ownership of other group members' shares.

Context

  • This was a transfer/distribution among related parties (partnership asset distribution), not an open‑market sale — such transfers don’t necessarily signal insider buying or selling sentiment.
  • Because no price or proceeds are reported, there’s no direct cash value shown on the Form 4 for this transaction.
  • The filing clarifies control relationships (BCP and affiliated entities) and includes standard disclaimers about beneficial ownership within the 13(d) group.

Insider Transaction Report

Form 4
Period: 2026-07-07
American Strategic Investment Co.NYC
SCHORSCH NICHOLAS S
10% Owner
Transactions
  • Other

    Class A common stock

    [F2][F3]
    2026-07-07−300,000→ 789,620 total(indirect: See footnote)
Holdings

  • Class A common stock

    [F1]
    (indirect: See footnote)
    1,004,467

  • Class A common stock

    [F4]
    26,559
Footnotes (4)
  • [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]On July 7, 2026, BCP distributed 300,000 shares to Mr. Edward M. Weil in a distribution of partnership assets.
  • [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]Represents shares of Class A common stock directly owned by Mr. Schorsch.
Signature
/s/ See signatures attached as Exhibit 99.1|2026-07-09

Documents

2 files