Rady trust buys 106,337 American Assets shares
American Assets Trust, Inc. insider activity shows entities associated with Executive Chairman and 10% owner Ernest S. Rady making open-market purchases of common stock.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
American Assets Trust, Inc. insider activity shows entities associated with Executive Chairman and 10% owner Ernest S. Rady making open-market purchases of common stock. The Ernest Rady Trust bought 80,000 shares at $22.56, 16,337 shares at $22.96, and 10,000 shares at $23.59, totaling 106,337 shares over May 27–29, 2026. After these trades, the trust held 8,378,525 shares indirectly. Additional direct and indirect holdings are reported for other Rady-related entities, with Rady disclaiming beneficial ownership of many positions except for his pecuniary interest.
Insider Trade Summary
Net Buyer: 106,337 shares
Net Buy
9 txns
Insider
RADY ERNEST S
Role
Executive Chairman
Bought
106,337 shs ($2.42M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.01 | 10,000 | $23.59 | $236K |
| Purchase | Common Stock, par value $0.01 | 16,337 | $22.96 | $375K |
| Purchase | Common Stock, par value $0.01 | 80,000 | $22.56 | $1.80M |
| 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 — 8,378,525 shares (Indirect, By ERT);
Common Stock, par value $0.01 — 2,267,022 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 — 102,859 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
Open-market purchase: 80,000 shares at $22.56
Open-market purchase: 16,337 shares at $22.96
Open-market purchase: 10,000 shares at $23.59
+4 more
7 metrics
Open-market purchase
80,000 shares at $22.56
Ernest Rady Trust buy on May 27, 2026
Open-market purchase
16,337 shares at $22.96
Ernest Rady Trust buy on May 28, 2026
Open-market purchase
10,000 shares at $23.59
Ernest Rady Trust buy on May 29, 2026
Net shares bought
106,337 shares
Total open-market purchases over May 27–29, 2026
ERT holdings after trades
8,378,525 shares
Indirect Ernest Rady Trust position after May 29, 2026
AAI indirect holding
2,267,022 shares
Shares held by American Assets, Inc. as reported
Rady Foundation holding
1,209,021 shares
Shares held by Rady Foundation as reported
Key Terms
open-market purchase, indirect ownership, beneficial ownership, pecuniary interest, +2 more
6 terms
open-market purchase financial
"transaction_code_description: Purchase in open market or private transaction"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
indirect ownership financial
"direct_or_indirect: I, ownership_type: indirect, nature_of_ownership: By ERT"
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein."
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 therein"
trustee financial
"for which the Reporting Person is the trustee"
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.
controlled by the Reporting Person financial
"which is directly controlled by the Reporting Person"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What were the Ernest Rady Trust’s holdings in American Assets Trust (AAT) after these trades?
Following the latest open-market purchases, the Ernest Rady Trust held 8,378,525 shares of American Assets Trust common stock indirectly. This figure reflects the position after the May 29, 2026 transaction and is separate from other Rady-related direct and indirect holdings reported.
Is the insider buying in American Assets Trust (AAT) direct or indirect for Ernest Rady?
The reported purchases are classified as indirect, made through the Ernest Rady Trust where he serves as trustee. The filing notes that he disclaims beneficial ownership of these shares, except for his pecuniary interest, distinguishing them from directly held personal shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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