The insider's consistent selling over two weeks suggests a program to monetize equity compensation. Given the weak REIT fundamentals and negative analyst sentiment, further insider sales could pressure the stock. Monitor for additional Form 144 filings or Form 4 filings reporting completed sales.
Price Chart
Executive Summary
Edward M. Weil Jr., an insider of American Strategic Investment Co. (NYC), filed a Form 144 notice of intent to sell 15,000 shares of common stock valued at approximately $135,000. This follows a series of sales totaling 17,500 shares in August 2026, all from shares acquired as compensation in July 2026. The repeated selling pattern by an insider in a small-cap REIT with weak analyst consensus and negative historical stock performance is a bearish signal, though the dollar amount is modest relative to the $20M market cap.
Key Facts
- Edward M. Weil Jr. filed Form 144 to sell 15,000 shares of NYC common stock, estimated value $135,000.
- Weil has already sold 17,500 shares in August 2026 across six trades (Aug 14, 19, 20, 21, 26, 27).
- All shares were acquired as compensation on July 9, 2026.
- NYC market cap is ~$20M; the proposed sale represents ~0.68% of market cap.
- Analyst consensus is 0% bullish (3 Hold, 4 Sell, 1 Strong Sell).
Financial Impact
Proposed sale of 15,000 shares (~$135K) plus prior August sales of 17,500 shares (~$158K based on similar price) total ~$293K in insider monetization of compensation shares.
Risk Factors
- Continued insider selling may signal lack of confidence in the company's outlook.
- Small-cap REIT with negative historical stock performance and low institutional ownership faces liquidity risk.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001628280-26-059341 |
| Document: 0001628280-26-059341-index.html | 0001628280-26-059341 |
| Document: 0001628280-26-059341.txt | 0001628280-26-059341 |
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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