Rady trust adds 10K American Assets Trust (AAT) shares at $24.21
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
American Assets Trust, Inc. insider activity shows a trust associated with Executive Chairman Ernest Rady buying additional shares. On June 15, 2026, Ernest Rady Trust U/D/T March 10, 1983 purchased 10,000 shares of common stock in an open-market transaction at $24.21 per share, bringing that trust’s holdings to 8,426,525 shares. Rady serves as trustee and disclaims beneficial ownership beyond his pecuniary interest.
The disclosure also details other positions linked to Rady, including 66,680 shares held directly (including an IRA) and indirect holdings through entities such as American Assets, Inc., Insurance Company of the West, Rady Foundation, Explorer Insurance Company, and Evelyn Shirley Rady Trust. Together, these entries illustrate a large overall stake in American Assets Trust held across multiple entities related to Rady.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 10,000 shares ($242,100)
Net Buy
7 txns
Insider
RADY ERNEST S
Role
Executive Chairman
Bought
10,000 shs ($242K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.01 | 10,000 | $24.21 | $242K |
| 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 — 8,426,525 shares (Indirect, By ERT);
Common Stock, par value $0.01 — 66,680 shares (Direct, null)
Footnotes (1)
- 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. 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. 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. 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. 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. 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. Represents shares held by Ernest Rady IRA.
Key Figures
Shares purchased: 10,000 shares
Purchase price: $24.21 per share
Trust holdings after purchase: 8,426,525 shares
+5 more
8 metrics
Shares purchased
10,000 shares
Open-market buy on June 15, 2026 by Ernest Rady Trust
Purchase price
$24.21 per share
Price for 10,000 AAT common shares bought by Ernest Rady Trust
Trust holdings after purchase
8,426,525 shares
American Assets Trust shares held by Ernest Rady Trust after transaction
Direct holdings
66,680 shares
American Assets Trust shares held directly including Ernest Rady IRA
AAI indirect holdings
2,267,022 shares
AAT shares held by American Assets, Inc.
ICW indirect holdings
1,275,336 shares
AAT shares held by Insurance Company of the West
Rady Foundation holdings
1,209,021 shares
AAT shares held by Rady Foundation
EIC indirect holdings
200,000 shares
AAT shares held by Explorer Insurance Company
Key Terms
open-market purchase, indirect ownership, trustee, beneficial ownership, +1 more
5 terms
open-market purchase financial
"10,000 shares were acquired in an open-market transaction at $24.21 per share"
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 ownership financial
"Indirect holdings are reported through entities such as AAI, ICW, RF, EIC and ESRT"
trustee financial
"Ernest Rady serves as trustee of the Ernest Rady Trust and ESRT"
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.
beneficial ownership financial
"The reporting person disclaims beneficial ownership except to the extent of pecuniary interest"
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
"Rady disclaims beneficial ownership of entity-held shares except for his pecuniary interest"
FAQ
What insider transaction did American Assets Trust (AAT) report?
American Assets Trust reported that Ernest Rady Trust purchased 10,000 common shares at $24.21 each. This open-market buy increased that trust’s holdings to 8,426,525 shares, reflecting continued exposure to AAT through a Rady-controlled trust.
What other indirect American Assets Trust (AAT) holdings are linked to Ernest Rady?
Holdings linked to Ernest Rady include shares held through American Assets, Inc., Insurance Company of the West, Rady Foundation, Explorer Insurance Company, and Evelyn Shirley Rady Trust, plus 66,680 shares held directly, illustrating sizable exposure across multiple related entities.