RADY ERNEST S 4
4 · American Assets Trust, Inc. · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
AAT 10% Owner Ernest Rady Buys 10,000 Shares
What Happened
Ernest S. Rady, a reported 10% owner of American Assets Trust, Inc. (AAT), purchased 10,000 shares of AAT on 2026-06-01 at $23.40 per share, a total transaction value of $234,000. The Form 4 lists the purchase as code "P" (open market or private purchase).
Key Details
- Transaction date and price: 2026-06-01 — 10,000 shares @ $23.40 each = $234,000.
- Filing: Report filed 2026-06-03 (period of report 2026-06-01); filing appears timely.
- Shares owned after transaction: Not specified in the filing.
- Footnotes: Several footnotes (F1–F7) state shares are held in entities/trusts the Reporting Person controls or is trustee of (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 disclaims beneficial ownership of those shares except to the extent of his pecuniary interest.
- Transaction code: P = Purchase (open market or private purchase).
Context
- Purchases by large shareholders (10% owners) can signal confidence but are institutional/ownership moves rather than routine executive trading; they do not, by themselves, explain intent.
- This was a direct share purchase (not an option exercise, gift, or award), so there was no immediate sale reported.
Insider Transaction Report
Form 4
RADY ERNEST S
DirectorExecutive Chairman10% Owner
Transactions
- Purchase
Common Stock, par value $0.01
[F1]2026-06-01$23.40/sh+10,000$234,000→ 8,388,525 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|2026-06-03