Executive chair entities add AAT (NYSE: AAT) shares, correct prior error
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
American Assets Trust, Inc. insider entities associated with Executive Chairman Ernest S. Rady reported open‑market purchases of a total of 79,386 shares of common stock between February 20 and 24, 2026 at prices around $19 per share, all reported as indirect ownership.
The largest block, 25,858 shares, was acquired by Ernest Rady Trust U/D/T March 10, 1983 (ERT), for which Rady is trustee, and this Form 4/A amends a prior report to correct that 2/24/26 purchase from 28,858 to 25,858 shares. Additional holdings are reported through entities such as American Assets, Inc., Insurance Company of the West, Rady Foundation, Explorer Insurance Company, the Evelyn Shirley Rady Trust, and an IRA, with beneficial ownership disclaimed except to the extent of pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 79,386 shares ($1,541,880)
Net Buy
9 txns
Insider
RADY ERNEST S
Role
Executive Chairman
Bought
79,386 shs ($1.54M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.01 | 25,858 | $19.28 | $499K |
| Purchase | Common Stock, par value $0.01 | 50,000 | $19.50 | $975K |
| Purchase | Common Stock, par value $0.01 | 3,528 | $19.37 | $68K |
| holding | Common Stock, par value $0.01 | -- | -- | -- |
| holding | Common Stock, par value $0.01 | -- | -- | -- |
| holding | Common Stock, par value $0.01 | -- | -- | -- |
| holding | Common Stock, par value $0.01 | -- | -- | -- |
| holding | Common Stock, par value $0.01 | -- | -- | -- |
| holding | Common Stock, par value $0.01 | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.01 — 8,103,817 shares (Indirect, By ERT);
Common Stock, par value $0.01 — 66,680 shares (Direct)
Footnotes (1)
- Represents shares held by Ernest Rady Trust U/D/T March 10, 1983 ("ERT"), for which the Reporting Person is the trustee. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein. This amendment to Form 4 is filed for the purpose of correcting a scrivener's error. The actual securities acquired by ERT on 2/24/26 was 25,858 shares, as opposed to the previously reported 28,858 shares. Represents shares held by American Assets, Inc. ("AAI"), which is directly controlled by the Reporting Person. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein. Represents shares held by Insurance Company of the West ("ICW"), which is directly controlled by the Reporting Person. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein. Represents shares held by Rady Foundation ("RF"), which is directly controlled by the Reporting Person. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein. Represents shares held by Explorer Insurance Company ("EIC"), which is directly controlled by the Reporting Person. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein. Represents shares held by Evelyn Shirley Rady Trust U/D/T March 10, 1983 ("ESRT"), for which the Reporting Person is the trustee. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein. Represents shares held by Ernest Rady IRA.
FAQ
What insider activity did AAT report in this amended Form 4?
The filing reports that entities associated with Executive Chairman Ernest S. Rady bought 79,386 American Assets Trust common shares in open‑market transactions, all indirectly held. The amendment also corrects the size of one previously reported purchase made on February 24, 2026.
What is the purpose of this American Assets Trust Form 4/A amendment?
The amendment corrects a scrivener’s error in a prior Form 4, changing the reported February 24, 2026 Ernest Rady Trust acquisition from 28,858 shares to the actual 25,858 shares. Other transaction details and indirect holdings disclosures remain as described.