American Assets chair buys 150K AAT shares
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Form Type
4
Rhea-AI Filing Summary
American Assets Trust, Inc. reported that Executive Chairman and 10% owner Ernest S. Rady, through the Ernest Rady Trust (ERT), purchased 150,000 shares of common stock in open-market or private transactions, including 100,000 shares at $22.86 on August 13, 2026 and 50,000 shares at $22.79 on August 14, 2026. The filing also lists indirect holdings in entities he controls, such as American Assets, Inc., Insurance Company of the West, Rady Foundation, Explorer Insurance Company, and the Evelyn Shirley Rady Trust, plus directly held shares in an Ernest Rady IRA, with Rady disclaiming beneficial ownership except to the extent of his pecuniary interest. The transactions were not marked as pursuant to a Rule 10b5-1 trading plan.
Insights
Analyzing...
Insider Trade Summary
Net Buyer: 150,000 shares
Net Buy
8 txns
Insider
RADY ERNEST S
Role
Executive Chairman
Bought
150,000 shs ($3.43M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.01 F1 | 50,000 | $22.79 | $1.14M |
| Purchase | Common Stock, par value $0.01 F1 | 100,000 | $22.86 | $2.29M |
| 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 — 8,802,531 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: 150,000 shares
Purchase price 8/13/2026: $22.86 per share
Purchase price 8/14/2026: $22.79 per share
+4 more
7 metrics
Shares purchased
150,000 shares
Total AAT common shares bought indirectly through Ernest Rady Trust in August 2026
Purchase price 8/13/2026
$22.86 per share
100,000 AAT common shares purchased indirectly on August 13, 2026
Purchase price 8/14/2026
$22.79 per share
50,000 AAT common shares purchased indirectly on August 14, 2026
Indirect holding via AAI
2,267,022 shares
AAT common shares held indirectly through American Assets, Inc. after transactions
Indirect holding via ICW
1,275,336 shares
AAT common shares held indirectly through Insurance Company of the West
Indirect holding via RF
1,209,021 shares
AAT common shares held indirectly through Rady Foundation
Direct IRA holding
66,680 shares
AAT common shares held directly by Ernest Rady IRA
Key Terms
beneficial ownership, pecuniary interest, indirect ownership, open market or private transaction
4 terms
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."
indirect ownership financial
"Represents shares held by American Assets, Inc. ("AAI"), which is directly controlled by the Reporting Person."
open market or private transaction financial
"transaction_code_description: Purchase in open market or private transaction"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider purchases did AAT’s Ernest S. Rady report in this Form 4?
Ernest S. Rady reported purchasing 150,000 AAT common shares through the Ernest Rady Trust. The buys included 100,000 shares at $22.86 on August 13, 2026 and 50,000 shares at $22.79 on August 14, 2026 in open-market or private transactions.
What positions does Ernest S. Rady hold at American Assets Trust (AAT)?
Ernest S. Rady is identified as Executive Chairman, a director, and a 10% owner of American Assets Trust, Inc. These roles are disclosed in the reporting person information associated with this insider ownership and transaction report.
AI-generated analysis. How Rhea-AI works. Not financial advice.
