American Assets Trust chair buys 166K shares
Executive Chairman and ten percent owner Ernest S. Rady reports indirect open-market purchases of 166,636 AAT shares around $22.33–$22.50 per share.
Rhea-AI Filing Summary
American Assets Trust, Inc. (AAT) reported insider purchases of its Common Stock by Executive Chairman, director and ten percent owner Ernest S. Rady through entities he is associated with. On August 31, 2026 through September 2, 2026, entities linked to him purchased a total of 166,636 shares in open-market or private transactions at prices between $22.33 and $22.50 per share. After a September 2, 2026 purchase of 96,636 shares, American Assets, Inc., which he directly controls, held 2,413,658 shares1,275,336 shares, Rady Foundation with 1,209,021 shares, Explorer Insurance Company with 200,000 shares, and the Evelyn Shirley Rady Trust with 107,859 shares, along with 66,680 shares held directly in an IRA. For several of these positions, he disclaims beneficial ownership except to the extent of his pecuniary interest, and no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Buyer: 166,636 shares
Net Buy
8 txns
Insider
RADY ERNEST S
Role
Executive Chairman
Bought
166,636 shs ($3.74M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.01 F2 | 96,636 | $22.50 | $2.17M |
| Purchase | Common Stock, par value $0.01 F1 | 50,000 | $22.40 | $1.12M |
| Purchase | Common Stock, par value $0.01 F1 | 20,000 | $22.33 | $447K |
| 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 — 9,115,846 shares (Indirect, By ERT);
Common Stock, par value $0.01 — 2,413,658 shares (Indirect, By AAI);
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)
Footnotes (7)
- F1. 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.
- F2. 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.
- 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
Total shares purchased: 166,636 shares
Purchase price on September 2, 2026: $22.50 per share
Purchase price on September 1, 2026: $22.40 per share
+5 more
8 metrics
Total shares purchased
166,636 shares
Open-market or private purchases reported from August 31, 2026 to September 2, 2026
Purchase price on September 2, 2026
$22.50 per share
Purchase of 96,636 shares indirectly through American Assets, Inc.
Purchase price on September 1, 2026
$22.40 per share
Purchase of 50,000 shares indirectly through Ernest Rady Trust
Purchase price on August 31, 2026
$22.33 per share
Purchase of 20,000 shares indirectly through Ernest Rady Trust
American Assets, Inc. holding
2,413,658 shares
Indirect holding of Common Stock after September 2, 2026 purchase
Insurance Company of the West holding
1,275,336 shares
Indirect holding of Common Stock as of August 31, 2026
Rady Foundation holding
1,209,021 shares
Indirect holding of Common Stock as of August 31, 2026
Direct IRA holding
66,680 shares
Common Stock held directly in an IRA of Ernest S. Rady as of August 31, 2026
Key Terms
disclaims beneficial ownership, pecuniary interest, Executive Chairman, IRA
4 terms
disclaims beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein."
pecuniary interest financial
"The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein."
Executive Chairman financial
"Ernest S. Rady serves as Executive Chairman and director of American Assets Trust, Inc."
An executive chairman is the board leader who also takes an active role in running the company, combining oversight of the board with hands-on involvement in strategy and major decisions. For investors, this matters because it concentrates influence in one person—like a team captain who both sets the game plan and plays on the field—so their judgment can speed decisions but also increases governance and succession risk that can affect stock value.
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.
FAQ
What insider stock purchases did AAT disclose for Ernest S. Rady?
American Assets Trust disclosed that entities associated with Ernest S. Rady purchased a total of 166,636 shares of Common Stock in open-market or private transactions between $22.33 and $22.50 per share on August 31, 2026, September 1, 2026, and September 2, 2026.
At what prices were the recent AAT insider purchases made?
The reported insider purchases of American Assets Trust Common Stock were made at per-share prices of $22.33, $22.40, and $22.50, reflecting open-market or private transactions over three consecutive trading days.
What other indirect AAT holdings linked to Ernest S. Rady are reported?
Indirect holdings linked to Ernest S. Rady include 1,275,336 shares held by Insurance Company of the West, 1,209,021 shares by Rady Foundation, 200,000 shares by Explorer Insurance Company, and 107,859 shares by the Evelyn Shirley Rady Trust, all with beneficial ownership disclaimed except for pecuniary interest.
Does the AAT Form 4 indicate trades under a Rule 10b5-1 plan?
No. The Form 4 indicates that the checkbox relating to Rule 10b5-1 trading arrangements is not selected, so no Rule 10b5-1 trading plan is reported for these transactions.
What are Ernest S. Rady’s direct AAT holdings?
The filing reports 66,680 shares of American Assets Trust Common Stock held directly in an account described as an IRA of Ernest S. Rady, separate from the various indirect holdings through trusts, foundations, and controlled companies.
AI-generated analysis. How Rhea-AI works. Not financial advice.
