American Assets Trust (NYSE: AAT) chair adds 79K shares
Rhea-AI Filing Summary
American Assets Trust, Inc. (AAT) reported insider activity by Executive Chairman and ten percent owner Ernest S. Rady. Entities associated with Rady purchased 79,729 shares of common stock in open-market or private transactions on August 24 and 26, 2026 at per-share prices of $22.74 and $22.89, respectively. These purchases were made indirectly through Ernest Rady Trust U/D/T March 10, 1983, for which Rady is trustee, and he disclaims beneficial ownership except to the extent of his pecuniary interest. The filing also lists updated indirect holdings through several controlled entities and trusts, and 66,680 shares held in Rady’s IRA as direct ownership.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Buyer: 79,729 shares
Net Buy
8 txns
Insider
RADY ERNEST S
Role
Executive Chairman
Bought
79,729 shs ($1.82M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.01 F1 | 50,000 | $22.89 | $1.14M |
| Purchase | Common Stock, par value $0.01 F1 | 29,729 | $22.74 | $676K |
| 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 — 8,995,846 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 — 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
Shares purchased August 26, 2026: 50,000 shares of Common Stock at $22.89 per share
Shares purchased August 24, 2026: 29,729 shares of Common Stock at $22.74 per share
Total net shares bought in this Form 4: 79,729 shares
+4 more
7 metrics
Shares purchased August 26, 2026
50,000 shares of Common Stock at $22.89 per share
Indirect purchase by Ernest Rady Trust U/D/T March 10, 1983
Shares purchased August 24, 2026
29,729 shares of Common Stock at $22.74 per share
Indirect purchase by Ernest Rady Trust U/D/T March 10, 1983
Total net shares bought in this Form 4
79,729 shares
Transaction summary net-buy across reported purchases
Indirect holdings by American Assets, Inc. (AAI)
2,267,022 shares of Common Stock
Reported as held by AAI, directly controlled by the reporting person
Indirect holdings by Insurance Company of the West (ICW)
1,275,336 shares of Common Stock
Reported as held by ICW, directly controlled by the reporting person
Indirect holdings by Rady Foundation (RF)
1,209,021 shares of Common Stock
Reported as held by RF, directly controlled by the reporting person
Direct holdings in Ernest Rady IRA
66,680 shares of Common Stock
Reported as directly held by Ernest Rady IRA
Key Terms
beneficial ownership, pecuniary interest, indirect ownership, trustee, +1 more
5 terms
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of such shares, except"
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
"directly controlled by the Reporting Person. The Reporting Person disclaims"
trustee financial
"for which the Reporting Person is the trustee. The Reporting Person"
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.
FAQ
What insider transactions did AAT report for Ernest S. Rady on this Form 4?
The Form 4 reports that entities associated with Ernest S. Rady purchased a total of 79,729 AAT common shares on August 24 and 26, 2026 in open-market or private transactions, with no reported sales in this filing.
What indirect AAT holdings associated with Ernest S. Rady are disclosed in this Form 4?
The filing lists indirect holdings of 2,267,022 shares by American Assets, Inc., 1,275,336 by Insurance Company of the West, 1,209,021 by Rady Foundation, 200,000 by Explorer Insurance Company, and 107,859 by the Evelyn Shirley Rady Trust.
AI-generated analysis. How Rhea-AI works. Not financial advice.
