American Assets Trust (AAT) 10% Owner Ernest Rady Buys Stock

What Happened Ernest S. Rady, a reported 10% owner of American Assets Trust (AAT), made two open-market purchases: 29,729 shares on 2026-08-24 at $22.74 ($676,037) and 50,000 shares on 2026-08-26 at $22.89 ($1,144,500), for a combined 79,729 shares purchased for approximately $1,820,537. These were outright purchases (transaction code P), which some investors view as a bullish signal compared with routine insider sales.

Key Details

• Transaction dates & prices:
  • 2026-08-24: 29,729 shares @ $22.74 = $676,037
  • 2026-08-26: 50,000 shares @ $22.89 = $1,144,500
• Total purchased: 79,729 shares for ~ $1,820,537.
• Shares owned after transaction: not specified in the reported Form 4.
• Footnotes (F1–F7): Shares are held in vehicles controlled by Rady (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 any pecuniary interest.
• Filing timeliness: Form 4 filed 2026-08-26 reporting transactions through 2026-08-24; filing appears timely under standard two-business-day rules.

Context

• This was a straight open-market purchase (not an option exercise, award, or gift). As a 10% owner and controller of several entities holding AAT shares, Rady’s purchases are ownership-level transactions rather than routine employee trades. The filing is factual and does not indicate Rady’s motives.