American Assets Trust (AAT) director granted 3,843 restricted shares as equity pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SULLIVAN ROBERT S reported acquisition or exercise transactions in this Form 4 filing.
American Assets Trust, Inc. director Robert S. Sullivan received a grant of 3,843 shares of restricted common stock on 2026-06-01. The award was issued at no cash cost to him under the company’s Amended and Restated 2011 Equity Incentive Award Plan. Following this compensation grant, he directly holds 30,350 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SULLIVAN ROBERT S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 | 3,843 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.01 — 30,350 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock grant: 3,843 shares
Grant price: $0.00 per share
Post-transaction holdings: 30,350 shares
+1 more
4 metrics
Restricted stock grant
3,843 shares
Award to director on 2026-06-01
Grant price
$0.00 per share
Compensation grant, not market purchase
Post-transaction holdings
30,350 shares
Director’s direct AAT common stock after grant
Transaction code
A (grant/award acquisition)
Non-derivative Form 4 transaction classification
Key Terms
restricted common stock, Amended and Restated 2011 Equity Incentive Award Plan, non-employee director
3 terms
restricted common stock financial
"Shares of restricted common stock issued to the Reporting Person as a non-employee director"
Restricted common stock is company shares that carry limits on selling or transferring for a set period or until certain conditions are met, like time-based vesting or regulatory clearance. Think of them as shares in a locked box that gradually open; they can become freely tradable later but initially reduce the number of shares available on the market. Investors watch restricted stock because its eventual release can change a company’s share supply, affect stock price, and influence control and dilution.
Amended and Restated 2011 Equity Incentive Award Plan financial
"pursuant to the American Assets Trust, Inc. and American Assets Trust, L.P. Amended and Restated 2011 Equity Incentive Award Plan"
non-employee director financial
"issued to the Reporting Person as a non-employee director pursuant to the ... Equity Incentive Award Plan"
FAQ
What insider transaction did American Assets Trust (AAT) report for Robert S. Sullivan?
American Assets Trust reported that director Robert S. Sullivan received 3,843 shares of restricted common stock as a compensation grant. The shares were issued at no cash cost to him under the company’s Amended and Restated 2011 Equity Incentive Award Plan.
Was the AAT Form 4 transaction a market purchase or a stock grant?
The AAT Form 4 transaction was a stock grant, not a market purchase. Robert S. Sullivan received 3,843 restricted common shares at a price of $0.00 per share as director compensation under the company’s equity incentive plan.
What plan governed the restricted stock grant reported by AAT for Robert S. Sullivan?
The restricted stock grant to Robert S. Sullivan was issued under the American Assets Trust, Inc. and American Assets Trust, L.P. Amended and Restated 2011 Equity Incentive Award Plan. This plan provides equity-based compensation, including restricted common stock, to eligible participants.
What is the significance of the $0.00 price on the AAT Form 4 grant?
The $0.00 price indicates the 3,843 restricted shares were granted as compensation, not purchased in the open market. Sullivan did not pay cash for the shares, which were awarded under American Assets Trust’s Amended and Restated 2011 Equity Incentive Award Plan.