RADY ERNEST S 4
4 · American Assets Trust, Inc. · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
American Assets Trust (AAT) 10% Owner Ernest Rady Buys 10,000 Shares
What Happened
Ernest S. Rady, a reported 10% owner of American Assets Trust (AAT), purchased 10,000 shares in an open-market/private purchase on June 15, 2026 at $24.21 per share, for a total of $242,100. This was a straight purchase (transaction code P), which is generally viewed as a more informative (bullish) insider action than a routine sale.
Key Details
- Transaction date: 2026-06-15; Price: $24.21 per share; Shares acquired: 10,000; Total value: $242,100.
- Transaction type: Purchase (open market or private purchase, code P).
- Shares owned after transaction: Not specified in the provided filing.
- Filing timeliness: Filing date matches the transaction date provided; no late filing indicated.
- Notable footnotes: Several holdings are reported as held by trusts and entities controlled by Mr. Rady (Ernest Rady Trust U/D/T March 10, 1983; American Assets, Inc.; Insurance Company of the West; Rady Foundation; Explorer Insurance Company; Evelyn Shirley Rady Trust U/D/T March 10, 1983; and Ernest Rady IRA). The reporting person disclaims beneficial ownership of those entity-held shares except to the extent of his pecuniary interest.
Context
As a 10% owner (large shareholder), Rady’s purchase reflects an insider/institutional-level buy rather than routine executive trading. The filing shows a straightforward share purchase—no options exercise, awards, or gifts were involved.
Insider Transaction Report
- Purchase
Common Stock, par value $0.01
[F1]2026-06-15$24.21/sh+10,000$242,100→ 8,426,525 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] - 1,209,021(indirect: By RF)
Common Stock, par value $0.01
[F4] - 200,000(indirect: By EIC)
Common Stock, par value $0.01
[F5] - 104,859(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.