Schorsch group (NYSE: NYC) reports indirect NYC Class A stock purchases
Rhea-AI Filing Summary
American Strategic Investment Co. insiders reported additional purchases of Class A common stock. Entities associated with Nicholas S. Schorsch filed a joint Form 4 after being treated as a group owning more than 10% of the company’s common stock.
Indirectly through Bellevue Capital Partners, LLC, they reported three open‑market purchases of 1,664 shares each on January 27, 28 and 29, 2026 at weighted average prices of $10.53, $11.73 and $11.15, respectively. Following these transactions, 1,072,284 shares were reported as indirectly owned and 26,559 shares as directly owned by Nicholas S. Schorsch. The reporting persons expressly disclaim beneficial ownership of securities held by other members of the Section 13(d) group except to the extent of any pecuniary interest.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A common stock | 1,664 | $11.15 | $19K |
| Purchase | Class A common stock | 1,664 | $11.73 | $20K |
| Purchase | Class A common stock | 1,664 | $10.53 | $18K |
| holding | Class A common stock | -- | -- | -- |
| holding | Class A common stock | -- | -- | -- |
Footnotes (1)
- 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. The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $10.22-$10.59, 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. 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. The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $11.38-$11.75, 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. The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $10.63-$11.38, 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. Represents shares of Class A common stock owned solely by Mr. Nicholas S. Schorsch.