This is a routine director-level Form 144 with a small dollar value relative to market cap. No material trading signal. Monitor for actual sale execution on Form 4, but the filing alone does not warrant a position change.
Price Chart
Executive Summary
Director Edward M. Weil Jr. filed a Form 144 notice of intent to sell 7,500 shares of American Strategic Investment Co. (NYC) with an estimated aggregate market value of $67,500. The shares were acquired through compensation on July 9, 2026, and through open-market purchases dating back to 2021 and 2023. The sale represents a small fraction of the company's $20M market cap and is not a material insider signal, though the timing follows recent compensation vesting. The filing is routine for a director-level Form 144 and does not indicate a change in business fundamentals for this small-cap REIT.
Key Facts
- Director Edward M. Weil Jr. filed Form 144 to sell 7,500 shares of NYC common stock.
- Estimated aggregate market value of the proposed sale is $67,500.
- Shares were acquired via compensation (July 9, 2026) and open-market purchases (2021, 2023).
- Company market cap is approximately $20M, making the sale ~0.34% of market cap.
- The filing is an advance notice of intent to sell; the actual sale may not occur.
Financial Impact
Proposed sale of 7,500 shares valued at ~$67,500, representing ~0.34% of NYC's $20M market cap.
Risk Factors
- Insider may not complete the sale; Form 144 is only an intent to sell.
- Small-cap REIT with weak analyst sentiment (0% bullish) faces ongoing fundamental headwinds.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001628280-26-056586 |
| Document: 0001628280-26-056586-index.html | 0001628280-26-056586 |
| Document: 0001628280-26-056586.txt | 0001628280-26-056586 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 14, 2026 6w ago | 144 | $6.10 $5.62 | ▲ +7.87% | ▲ +10.13% | $5.84 (+4.26%) |
Aug 28, 2026 8w ago | 144 | $6.26 $6.50 | ▼ −3.80% | ▼ −3.29% | $5.84 (+6.74%) |
Aug 24, 2026 9w ago | 144 | $6.46 $6.05 | ▲ +6.35% | ▲ +7.66% | $5.84 (+9.60%) |
Aug 13, 2026 10w ago | 144 | $7.58 $6.20 | ▼ −18.21% | ▼ −16.46% | $5.84 (−22.96%) |
Aug 4, 2026 12w ago | 8-K | $9.39 $6.24 | ▼ −33.55% | ▼ −32.31% | $5.84 (−37.81%) |
Jul 13, 2026 15w ago | 8-K | $8.41 $8.00 | ▼ −4.88% | ▼ −7.37% | $5.84 (−30.56%) |
May 15, 2026 23w ago | 8-K | $9.50 $8.22 | ▼ −13.47% | ▼ −15.59% | $5.84 (−38.53%) |
May 15, 2026 23w ago | 8-K | $9.50 $8.22 | ▲ +13.47% | ▲ +15.59% | $5.84 (+38.53%) |
May 1, 2026 25w ago | 8-K | $8.00 $8.68 | ▲ +8.50% | ▲ +2.85% | $5.84 (−27.00%) |
Apr 15, 2026 27w ago | 8-K | $7.95 $8.57 | ▼ −7.83% | ▼ −2.01% | $5.84 (+26.52%) |
US Market Status
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