Weil Edward M Jr. 4

What Happened

• Edward M. Weil Jr., a director of American Strategic Investment Co., was the recipient of 300,000 shares on July 7, 2026. The filing reports the transaction as an "other acquisition or disposition (J)" with no per-share price or cash value listed — the shares were distributed to Mr. Weil by Bellevue Capital Partners, LLC as a distribution of partnership assets (footnote F1). The Form 4 was filed on July 9, 2026. Two days later, the filing notes Mr. Weil resigned from the issuer’s board.

Key Details

• Transaction date: July 7, 2026
• Transaction type / code: Other acquisition/disposition (Code J) — distribution of partnership assets
• Shares acquired: 300,000
• Price / value: N/A (distribution; no cash price reported)
• Footnote: F1 — Bellevue Capital Partners, LLC distributed 300,000 shares to Mr. Weil as a distribution of partnership assets
• Filing date: July 9, 2026 — filed within the SEC’s two-business-day Form 4 window
• Shares owned after transaction: Not disclosed in the provided filing

Context

• This was not an open-market purchase but a transfer/distribution from a partnership, so it does not necessarily signal a market-driven buy or sell. The resignation on July 9 is reported in the filing; filings do not explain motives, so investors should not assume connection without further disclosure. Monitor any subsequent filings (e.g., Form 5 or additional Form 4s) for updates.