STOCK TITAN

American Assets Trust (NYSE: AAT) chair buys 100K shares

(Very High)
(Positive)
Form Type
4

Rhea-AI Filing Summary

American Assets Trust, Inc. (AAT) insider Ernest S. Rady, Executive Chairman and greater-than-10% owner, reported two open-market purchases of common stock. On August 27, 2026, American Assets, Inc. bought 50,000 shares at $22.56 per share. On August 28, 2026, Ernest Rady Trust bought 50,000 shares at $22.52 per share. These positions, and additional holdings through ICW, Rady Foundation, Explorer Insurance Company, Evelyn Shirley Rady Trust, and an IRA, are reported as indirectly or directly owned, with Rady disclaiming beneficial ownership except for his pecuniary interest.

Positive

  • None.

Negative

  • None.

Insights

Analyzing...

Insider RADY ERNEST S
Role Executive Chairman
Bought 100,000 shs ($2.25M)
Type Security Shares Price Value
Purchase Common Stock, par value $0.01 F2 50,000 $22.52 $1.13M
Purchase Common Stock, par value $0.01 F1 50,000 $22.56 $1.13M
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 — 2,317,022 shares (Indirect, By AAI); Common Stock, par value $0.01 — 9,045,846 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)
Footnotes (7)
  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. 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.
  6. 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.
  7. F7. Represents shares held by Ernest Rady IRA.
Shares purchased (AAI) 50,000 shares Common Stock bought on 2026-08-27 by American Assets, Inc.
Purchase price per share (AAI) $22.56 per share Open-market or private transaction on 2026-08-27
Shares following transaction (AAI) 2,317,022 shares Indirect holdings by AAI after 2026-08-27 purchase
Shares purchased (ERT) 50,000 shares Common Stock bought on 2026-08-28 by Ernest Rady Trust
Purchase price per share (ERT) $22.52 per share Open-market or private transaction on 2026-08-28
Shares following transaction (ERT) 9,045,846 shares Indirect holdings by ERT after 2026-08-28 purchase
Direct IRA holdings 66,680 shares Common Stock held by Ernest Rady IRA as of 2026-08-27
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"
indirect ownership financial
"ownership_type":"indirect","ownership_code":"I""
open market or private transaction financial
"transaction_code_description":"Purchase in open market or private transaction""
greater-than-10% owner financial
"is_ten_percent_owner": 1"

FAQ

What insider transactions were reported for AAT by Ernest S. Rady?

Ernest S. Rady reported two open-market purchases of American Assets Trust, Inc. common stock: 50,000 shares on August 27, 2026 and 50,000 shares on August 28, 2026, through entities associated with him.

How many AAT shares did Ernest S. Rady-associated entities buy and at what prices?

Entities associated with Ernest S. Rady bought a total of 100,000 shares of AAT common stock: 50,000 shares at $22.56 per share on August 27, 2026 and 50,000 shares at $22.52 per share on August 28, 2026.

Through which entities were the recent AAT share purchases made?

The August 27, 2026 purchase was made by American Assets, Inc. (AAI). The August 28, 2026 purchase was made by Ernest Rady Trust U/D/T March 10, 1983 (ERT). Both are entities associated with Ernest S. Rady.

What indirect AAT holdings are reported for Ernest S. Rady?

Indirect holdings are reported through AAI, ERT, Insurance Company of the West, Rady Foundation, Explorer Insurance Company, and Evelyn Shirley Rady Trust, with each entity showing a specific share balance after the reported transactions.

Does Ernest S. Rady claim full beneficial ownership of these AAT shares?

No. Footnotes state that shares held by AAI, ERT and other related entities are reported, but Ernest S. Rady disclaims beneficial ownership of those shares except to the extent of his pecuniary interest in each entity.

Were the AAT insider trades made under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and there is no footnote indicating that these transactions were made pursuant to a Rule 10b5-1 trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
RADY ERNEST S

(Last)(First)(Middle)
C/O AMERICAN ASSETS TRUST, INC.
3420 CARMEL MOUNTAIN ROAD, SUITE 100

(Street)
SAN DIEGO CALIFORNIA 92121

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
American Assets Trust, Inc. [ AAT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
Executive Chairman
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/27/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock, par value $0.0108/27/2026P50,000A$22.562,317,022IBy AAI(1)
Common Stock, par value $0.0108/28/2026P50,000A$22.529,045,846IBy ERT(2)
Common Stock, par value $0.011,275,336IBy ICW(3)
Common Stock, par value $0.011,209,021IBy RF(4)
Common Stock, par value $0.01200,000IBy EIC(5)
Common Stock, par value $0.01107,859IBy ESRT(6)
Common Stock, par value $0.0166,680D(7)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
2. 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.
3. 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.
4. 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.
5. 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.
6. 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.
7. Represents shares held by Ernest Rady IRA.
Remarks:
/s/ Meleana Leaverton, Attorney-in-fact08/28/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)