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 open-market purchases: 93,243 shares at $22.45 on Aug 10, 2026 (≈ $2,093,305) and 100,000 shares at $22.52 on Aug 11, 2026 (≈ $2,252,000), for a combined purchase of 193,243 shares totaling about $4.35 million. These are purchases (Reporting code P), which represent insider buys rather than sales.

Key Details

• Transaction dates and prices: Aug 10, 2026 — 93,243 shares @ $22.45; Aug 11, 2026 — 100,000 shares @ $22.52.
• Total acquired: 193,243 shares; aggregate value ≈ $4,345,305.
• Filing date / accession: Form 4 filed Aug 12, 2026 (covers the Aug 10–11 transactions) — appears timely under Form 4 reporting rules.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Footnotes: Several footnotes (F1–F7) state portions of AAT stock are held by entities and trusts controlled by or for which Rady is trustee (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). In each case the reporting person disclaims beneficial ownership except to the extent of pecuniary interest.

Context

• Purchases by a 10% owner are institutional/large-holder transactions; footnotes indicate many holdings are through trusts or controlled entities, and Rady disclaims beneficial ownership of those holdings except for pecuniary interest.
• These are straightforward open-market purchases (no options, awards, gifts, or tax-withholding mechanics in the reported transactions). Purchases can be interpreted as an insider adding to holdings, but the filing itself provides facts only and does not state motivation.