Entities tied to American Assets Trust (NYSE: AAT) chair add 100,528 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
American Assets Trust Executive Chairman Ernest S. Rady reported indirect open-market purchases of common stock through several related entities. On May 18, entities ESRT and ERT bought 2,400 and 68,768 shares, respectively, at $21.00 per share. On May 15, Rady Foundation purchased 29,360 shares at $20.79 per share.
After these trades, reported indirect holdings include 102,859 shares by ESRT, 8,183,333 shares by ERT and 1,209,021 shares by Rady Foundation. Additional positions shown are 66,680 shares held directly, 200,000 shares by EIC, 1,275,336 shares by ICW and 2,267,022 shares by AAI. The filing notes that Rady disclaims beneficial ownership of entity-held shares except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 100,528 shares ($2,104,922)
Net Buy
7 txns
Insider
RADY ERNEST S
Role
Executive Chairman
Bought
100,528 shs ($2.10M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.01 | 68,768 | $21.00 | $1.44M |
| Purchase | Common Stock, par value $0.01 | 2,400 | $21.00 | $50K |
| Purchase | Common Stock, par value $0.01 | 29,360 | $20.79 | $610K |
| 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 — 8,183,333 shares (Indirect, By ERT);
Common Stock, par value $0.01 — 66,680 shares (Direct)
Footnotes (1)
- 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 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. 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 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 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 Ernest Rady IRA.
Key Figures
Net shares bought: 100,528 shares
ESRT purchase: 2,400 shares at $21.00
ERT purchase: 68,768 shares at $21.00
+4 more
7 metrics
Net shares bought
100,528 shares
Total open-market purchases reported by affiliated entities
ESRT purchase
2,400 shares at $21.00
Indirect open-market purchase on May 18, 2026 by ESRT
ERT purchase
68,768 shares at $21.00
Indirect open-market purchase on May 18, 2026 by ERT
Rady Foundation purchase
29,360 shares at $20.79
Indirect open-market purchase on May 15, 2026 by RF
ERT holdings
8,183,333 shares
Total ERT shares following May 18, 2026 transaction
Rady Foundation holdings
1,209,021 shares
Total RF shares following May 15, 2026 transaction
Direct holdings
66,680 shares
Directly held common stock position as of May 15, 2026
Key Terms
open-market purchase, beneficial ownership, pecuniary interest, indirect ownership, +1 more
5 terms
open-market purchase financial
"transaction_action": "open-market purchase""
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.
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of such shares"
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
"except to the extent of his pecuniary interest therein"
indirect ownership financial
""ownership_type": "indirect""
Executive Chairman financial
""officer_title": "Executive Chairman""
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.
FAQ
What insider transactions did American Assets Trust (AAT) report in this Form 4?
The Form 4 reports indirect open-market purchases of American Assets Trust common stock by entities associated with Ernest S. Rady. ESRT, ERT and Rady Foundation together bought 100,528 shares at prices of $21.00 and $20.79 per share on May 15 and May 18, 2026.
At what prices were the AAT insider purchases executed?
On May 18, 2026, ESRT and ERT bought American Assets Trust common stock at $21.00 per share. On May 15, 2026, Rady Foundation purchased additional shares at $20.79 per share. All reported transactions are categorized as open-market purchases of common stock.