Edward M. Weil Jr. - 16 Sep 2024 Form 4 Insider Report for American Strategic Investment Co. (NYC)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
18 Sep 2024, 20:45:36 UTC
Prior SEC filing
02 May 2024
Next SEC filing
03 Oct 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Edward M. Weil, Jr.

Key filing fact

Edward M. Weil Jr. filed Form 4 for American Strategic Investment Co. (NYC) on 18 Sep 2024.

Key facts

  • This page summarizes Edward M. Weil Jr.'s Form 4 filing for American Strategic Investment Co. (NYC).
  • 3 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 18 Sep 2024, 20:45.

Change

  • Previous filing in this sequence was filed on 02 May 2024.
  • Current net transaction value: -$25,032.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NYC transaction

Class A Common Stock

Sale

Transaction value
$156
Shares
-17
Change %
-0.59%
Price
$9.18
Shares after
2,870
Date
16 Sep 2024
Ownership
Direct
Footnotes
F1
NYC transaction

Class A Common Stock

Sale

Transaction value
$2,448
Shares
-269
Change %
-9.4%
Price
$9.10
Shares after
2,601
Date
17 Sep 2024
Ownership
Direct
Footnotes
F2
NYC transaction

Class A Common Stock

Sale

Transaction value
$22,428
Shares
-2,492
Change %
-96%
Price
$9.00
Shares after
109
Date
18 Sep 2024
Ownership
Direct
NYC holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
520,666
Date
16 Sep 2024
Ownership
See footnote
Footnotes
F3
NYC holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,431,725
Date
16 Sep 2024
Ownership
See footnote
Footnotes
F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $9.10 to $9.38, inclusive. The reporting person undertakes to provide American Strategic Investment Co. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth above in this footnote.

Footnote F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $9.10 to $9.30, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth above in this footnote

Footnote F3

The reporting person is the chief executive officer and also holds a non-controlling equity interest in the entities that own and control New York City Advisors, LLC (the "Advisor"). The Advisor beneficially owns the reported securities. The reporting person disclaims beneficial ownership of the securities beneficially owned by the Advisor except to the extent of his pecuniary interest therein. The number of securities reported as indirectly beneficially owned by the reporting person in this Form 4 is the total number of securities beneficially owned by the Advisor and does not represent his pro rata indirect pecuniary interest therein (i.e. his pro rata share of the equity of the parent of the Advisor).

Footnote F4

The reporting person holds a non-controlling equity interest in Bellevue Capital Partners, LLC ("BCP"), an entity that indirectly owns and controls the Advisor and New York City Special Limited Partnership, LLC, an affiliate of the Advisor. The reporting person disclaims beneficial ownership of the securities beneficially owned by BCP except to the extent of his pecuniary interest therein. The number of securities reported as indirectly beneficially owned by the reporting person in this Form 4 is the total number of securities beneficially owned by BCP in which the reporting person has a beneficial interest and does not represent his pro rata indirect pecuniary interest therein (i.e. his pro rata share of the equity of BCP).

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