American Assets chair buys 50K shares at $21.65
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
American Assets Trust, Inc. (AAT) insider Ernest S. Rady, Executive Chairman and ten percent owner, reported an open‑market purchase of 50,000 shares of common stock on September 14, 2026 at $21.65 per share, held indirectly through American Assets, Inc. (AAI). Following this transaction, AAI held 2,463,658 shares, and Rady also reported additional indirect holdings through several controlled entities and trusts, plus 66,680 shares held directly in an IRA, while disclaiming beneficial ownership of many indirect holdings except to the extent of his pecuniary interest.
Insights
Analyzing...
Insider Trade Summary
Net Buyer: 50,000 shares
Net Buy
1 txn
Insider
RADY ERNEST S
Role
Executive Chairman
Bought
50,000 shs ($1.08M)
Increase in Position
2.1%
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.01 F1 | 50,000 | $21.65 | $1.08M |
| Holding | Common Stock, par value $0.01 F2 | -- | -- | -- |
| Holding | Common Stock, par value $0.01 F3 | -- | -- | -- |
| Holding | Common Stock, par value $0.01 F4 | -- | -- | -- |
| Holding | Common Stock, par value $0.01 F5 | -- | -- | -- |
| Holding | Common Stock, par value $0.01 F6 | -- | -- | -- |
| Holding | Common Stock, par value $0.01 F7 | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.01 — 2,463,658 shares (Indirect, By AAI);
Common Stock, par value $0.01 — 9,115,846 shares (Indirect, By ERT);
Common Stock, par value $0.01 — 1,275,336 shares (Indirect, By ICW);
Common Stock, par value $0.01 — 1,209,021 shares (Indirect, By RF);
Common Stock, par value $0.01 — 200,000 shares (Indirect, By EIC);
Common Stock, par value $0.01 — 107,859 shares (Indirect, By ESRT);
Common Stock, par value $0.01 — 66,680 shares (Direct)
Holdings Before and After:
Common Stock, par value $0.01, 2,413,658 to 2,463,658 shares (Indirect, By AAI)
Footnotes (7)
- F1. 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.
- F2. 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.
- F3. 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.
- F4. 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.
- F5. 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.
- F6. 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.
- F7. Represents shares held by Ernest Rady IRA.
Key Figures
Shares purchased: 50,000 shares
Purchase price per share: $21.65 per share
AAI indirect holdings after transaction: 2,463,658 shares
+5 more
8 metrics
Shares purchased
50,000 shares
Open-market or private purchase on September 14, 2026 by AAI, controlled by Ernest S. Rady
Purchase price per share
$21.65 per share
Price paid for 50,000 AAT common shares on September 14, 2026
AAI indirect holdings after transaction
2,463,658 shares
AAT common stock held by American Assets, Inc. after the September 14, 2026 purchase
Ernest Rady Trust holdings
9,115,846 shares
AAT common stock held by Ernest Rady Trust U/D/T March 10, 1983, with Rady as trustee
Insurance Company of the West holdings
1,275,336 shares
AAT common stock held by Insurance Company of the West, directly controlled by Ernest S. Rady
Rady Foundation holdings
1,209,021 shares
AAT common stock held by Rady Foundation, directly controlled by Ernest S. Rady
Explorer Insurance Company holdings
200,000 shares
AAT common stock held by Explorer Insurance Company, directly controlled by Ernest S. Rady
Direct IRA holdings
66,680 shares
AAT common stock held by Ernest Rady IRA as of September 14, 2026
Key Terms
beneficial ownership, pecuniary interest, trustee, IRA, +1 more
5 terms
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of such shares, except to the extent"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest"
trustee financial
"for which the Reporting Person is the trustee. The Reporting Person disclaims"
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
IRA financial
"Represents shares held by Ernest Rady IRA."
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
indirectly controlled financial
"which is directly controlled by the Reporting Person. The Reporting Person disclaims"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did AAT’s Executive Chairman report on September 14, 2026?
Ernest S. Rady reported a purchase of 50,000 AAT common shares on September 14, 2026 at $21.65 per share. The shares are held indirectly through American Assets, Inc. (AAI), which he directly controls, with beneficial ownership disclaimed except for his pecuniary interest.
Was the AAT insider purchase made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates no Rule 10b5-1 plan for the reported transactions. The 50,000‑share purchase on September 14, 2026 is reported as a purchase in the open market or a private transaction without an affirmed trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
