RADY ERNEST S 4
4 · American Assets Trust, Inc. · Filed Jun 12, 2026
Research Summary
AI-generated summary of this filing
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 open‑market purchases of AAT stock on June 10–12, 2026, acquiring a total of 30,000 shares for $738,900. Trades reported: 10,000 shares @ $24.64 on 2026‑06‑10 ($246,400); 8,000 shares @ $24.62 on 2026‑06‑11 ($196,960); 2,000 shares @ $24.62 on 2026‑06‑11 ($49,240); and 10,000 shares @ $24.63 on 2026‑06‑12 ($246,300). These were purchases (transaction code P), which investors often view as a bullish signal compared with sales.
Key Details
- Transaction dates & prices:
- 2026‑06‑10: 10,000 @ $24.64 = $246,400
- 2026‑06‑11: 8,000 @ $24.62 = $196,960
- 2026‑06‑11: 2,000 @ $24.62 = $49,240
- 2026‑06‑12: 10,000 @ $24.63 = $246,300
- Total purchased: 30,000 shares for $738,900.
- Transaction type: P = Purchase (open market or private purchase).
- Filing: Form 4 filed 2026‑06‑12 reporting trades from 2026‑06‑10 to 2026‑06‑12; filing appears timely relative to reported dates.
- Shares owned after transaction: Not specified in the filing.
- Footnotes (F1–F7): Many reported shares are held in trusts or entities (Ernest Rady Trust, Evelyn Shirley Rady Trust, American Assets, Inc., Insurance Company of the West, Rady Foundation, Explorer Insurance Company, and an IRA). The reporting person is trustee/controller of those entities and disclaims beneficial ownership except to the extent of pecuniary interest.
Context
- As a 10% owner, Rady is a substantial shareholder rather than a typical executive trade; purchases by major holders can be interpreted as a show of confidence but do not reveal motive.
- No options exercises, awards, gifts, or tax‑withholding transactions were reported in this filing.
Insider Transaction Report
- Purchase
Common Stock, par value $0.01
[F1]2026-06-10$24.64/sh+10,000$246,400→ 8,398,525 total(indirect: By ERT) - Purchase
Common Stock, par value $0.01
[F1]2026-06-11$24.62/sh+8,000$196,960→ 8,406,525 total(indirect: By ERT) - Purchase
Common Stock, par value $0.01
[F2]2026-06-11$24.62/sh+2,000$49,240→ 104,859 total(indirect: By ESRT) - Purchase
Common Stock, par value $0.01
[F1]2026-06-12$24.63/sh+10,000$246,300→ 8,416,525 total(indirect: By ERT)
- 2,267,022(indirect: By AAI)
Common Stock, par value $0.01
[F3] - 1,275,336(indirect: By ICW)
Common Stock, par value $0.01
[F4] - 1,209,021(indirect: By RF)
Common Stock, par value $0.01
[F5] - 200,000(indirect: By EIC)
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 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.
- [F3]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.
- [F4]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.
- [F5]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.
- [F6]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.
- [F7]Represents shares held by Ernest Rady IRA.