RADY ERNEST S 4
4 · American Assets Trust, Inc. · Filed May 29, 2026
Research Summary
AI-generated summary of this filing
American Assets Trust (AAT) 10% Owner Ernest Rady Buys Shares
What Happened Ernest S. Rady, identified as a 10% owner of American Assets Trust (AAT), made three purchases of AAT common stock in open-market or private transactions: 80,000 shares at $22.56 on 2026-05-27 ($1,804,800); 16,337 shares at $22.96 on 2026-05-28 ($375,098); and 10,000 shares at $23.59 on 2026-05-29 ($235,900). Total acquired across these transactions was 106,337 shares for approximately $2,415,798. These were purchases (reported with code P).
Key Details
- Transaction dates and prices:
- 2026-05-27: 80,000 shares @ $22.56 = $1,804,800
- 2026-05-28: 16,337 shares @ $22.96 = $375,098
- 2026-05-29: 10,000 shares @ $23.59 = $235,900
- Total acquired: 106,337 shares for ~$2,415,798.
- Shares owned after transaction: not specified in the provided filing details.
- Footnotes: Shares are held across entities/trusts (Ernest Rady Trust, American Assets, Inc., Insurance Company of the West, Rady Foundation, Explorer Insurance Company, Evelyn Shirley Rady Trust, and an Ernest Rady IRA). The reporting person is trustee or controls these entities and disclaims beneficial ownership except to the extent of any pecuniary interest (F1–F7).
- Timeliness: Form 4 was filed 2026-05-29 for transactions dated May 27–29, 2026; no late filing indicator was reported.
Context
- Transaction code P = Purchase (open-market or private purchase). Purchases by insiders or large owners are often watched as potentially more informative than routine sales, but do not by themselves indicate a specific motive.
- As a 10% owner and controller of affiliated entities/trusts, these trades reflect purchases by an affiliate with related-party holdings rather than typical executive compensation transactions.
Insider Transaction Report
Form 4
RADY ERNEST S
DirectorExecutive Chairman10% Owner
Transactions
- Purchase
Common Stock, par value $0.01
[F1]2026-05-27$22.56/sh+80,000$1,804,800→ 8,352,188 total(indirect: By ERT) - Purchase
Common Stock, par value $0.01
[F1]2026-05-28$22.96/sh+16,337$375,098→ 8,368,525 total(indirect: By ERT) - Purchase
Common Stock, par value $0.01
[F1]2026-05-29$23.59/sh+10,000$235,900→ 8,378,525 total(indirect: By ERT)
Holdings
- 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] - 1,209,021(indirect: By RF)
Common Stock, par value $0.01
[F4] - 200,000(indirect: By EIC)
Common Stock, par value $0.01
[F5] - 102,859(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.
Signature
/s/ Meleana Leaverton, Attorney-in-fact|2026-05-29