RADY ERNEST S 4
4 · American Assets Trust, Inc. · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
American Assets Trust (AAT) 10% Owner Ernest Rady Buys Shares
What Happened
Ernest S. Rady, a reported 10% owner of American Assets Trust (AAT), made two purchases of AAT common stock (transaction code P). On Feb 25, 2026 he acquired 5,597 shares at $19.52 each ($109,253), and on Feb 26, 2026 he acquired 5,151 shares at $20.06 each ($103,329), for a combined purchase of 10,748 shares costing $212,582. These were purchases (generally viewed as a bullish signal relative to sales), reported on an SEC Form 4 filed Feb 26, 2026.
Key Details
- Dates and prices: Feb 25, 2026 — 5,597 shares @ $19.52 ($109,253); Feb 26, 2026 — 5,151 shares @ $20.06 ($103,329).
- Total shares purchased: 10,748; total cash spent: $212,582.
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Filing timeliness: Form 4 filed on Feb 26, 2026 for transactions on Feb 25–26, 2026 (filed the next day; not indicated as late).
- Footnotes: Holdings referenced include shares held by trusts and entities (Ernest Rady Trust U/D/T Mar 10, 1983; Evelyn Shirley Rady Trust; American Assets, Inc.; Insurance Company of the West; Rady Foundation; Explorer Insurance Company; Ernest Rady IRA). Rady disclaims beneficial ownership of those entity-held shares except to the extent of his pecuniary interest; he is trustee or controls several of these entities.
Context
These were straightforward purchases (no option exercises, gifts, or awards). As a 10% owner who controls several affiliated entities, Rady’s transactions reflect activity by a major investor/owner rather than routine employee compensation moves. The filing shows open-market/private purchases (code P) and does not indicate a 10b5-1 plan or other directive in the provided excerpt.
Insider Transaction Report
- Purchase
Common Stock, par value $0.01
[F1]2026-02-25$19.52/sh+5,597$109,253→ 8,109,414 total(indirect: By ERT) - Purchase
Common Stock, par value $0.01
[F1]2026-02-26$20.06/sh+5,151$103,329→ 8,114,565 total(indirect: By ERT)
- 2,267,022(indirect: By AAI)
Common Stock, par value $0.01
[F2] - 1,275,336(indirect: By ICW)
Common Stock, par value $0.01
[F3] - 1,009,021(indirect: By RF)
Common Stock, par value $0.01
[F4] - 200,000(indirect: By EIC)
Common Stock, par value $0.01
[F5] - 100,459(indirect: By ESRT)
Common Stock, par value $0.01
[F6] - 66,680
Common Stock, par value $0.01
[F7]
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.