American Assets Trust insider buys 10K shares
American Assets Trust, Inc. director and executive chairman Ernest S. Rady reported an indirect open-market purchase of 10,000 shares of common stock at $22.67 per share through the Ernest Rady Trust U/D/T March 10, 1983.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
American Assets Trust, Inc. director and executive chairman Ernest S. Rady reported an indirect open-market purchase of 10,000 shares of common stock at $22.67 per share through the Ernest Rady Trust U/D/T March 10, 1983. Following this transaction, that trust holds 8,272,188 shares. Rady also reports additional direct and indirect holdings through his IRA and several controlled or trustee-managed entities, with beneficial ownership disclaimed except to the extent of his pecuniary interest.
Insider Trade Summary
Net Buyer: 10,000 shares
Net Buy
7 txns
Insider
RADY ERNEST S
Role
Executive Chairman
Bought
10,000 shs ($227K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.01 | 10,000 | $22.67 | $227K |
| 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 | -- | -- | -- |
| holding | Common Stock, par value $0.01 | -- | -- | -- |
| holding | Common Stock, par value $0.01 | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.01 — 8,272,188 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 — 102,859 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
Open-market purchase: 10,000 shares
Purchase price: $22.67/share
ERT holdings after trade: 8,272,188 shares
+4 more
7 metrics
Open-market purchase
10,000 shares
Common Stock at $22.67 per share by Ernest Rady Trust
Purchase price
$22.67/share
Price paid for 10,000 American Assets Trust common shares
ERT holdings after trade
8,272,188 shares
Total American Assets Trust shares held by Ernest Rady Trust after purchase
Direct holdings
66,680 shares
Common Stock directly owned by Ernest S. Rady
AAI indirect holdings
2,267,022 shares
Shares held by American Assets, Inc., controlled by Rady
ICW indirect holdings
1,275,336 shares
Shares held by Insurance Company of the West, controlled by Rady
Rady Foundation holdings
1,209,021 shares
Shares held by Rady Foundation, controlled by Rady
Key Terms
open-market purchase, indirect, beneficial ownership, pecuniary interest, +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.
indirect financial
""ownership_type": "indirect""
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"
trustee financial
"for which the Reporting Person is the trustee"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did American Assets Trust (AAT) disclose on this Form 4?
American Assets Trust reported an indirect open-market purchase of 10,000 common shares at $22.67 per share. The transaction was executed through the Ernest Rady Trust U/D/T March 10, 1983, associated with executive chairman and director Ernest S. Rady.
What other indirect holdings in American Assets Trust (AAT) does Ernest S. Rady report?
Ernest S. Rady reports additional indirect holdings through American Assets, Inc., Insurance Company of the West, Rady Foundation, Explorer Insurance Company and the Evelyn Shirley Rady Trust, each separately listed, with beneficial ownership disclaimed except for his pecuniary interest.
Does Ernest S. Rady have direct holdings in American Assets Trust (AAT) on this Form 4?
Yes. The filing lists 66,680 shares of American Assets Trust common stock as directly owned. He also reports indirect holdings through his IRA and multiple trusts and controlled entities, each with separate share totals and footnote disclosures.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates