Executive chair adds shares at American Assets Trust (NYSE: AAT)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
American Assets Trust, Inc. Executive Chairman and 10% owner Ernest S. Rady reported indirect open-market purchases of company common stock through Ernest Rady Trust U/D/T March 10, 1983. The trust bought a total of 78,855 shares at prices between $21.15 and $21.70 per share. Following the largest recorded purchase, the trust held 8,262,188 shares. The filing also updates Rady’s direct and other indirect holdings through related entities and trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 78,855 shares ($1,699,774)
Net Buy
9 txns
Insider
RADY ERNEST S
Role
Executive Chairman
Bought
78,855 shs ($1.70M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.01 | 56,656 | $21.70 | $1.23M |
| Purchase | Common Stock, par value $0.01 | 4,880 | $21.32 | $104K |
| Purchase | Common Stock, par value $0.01 | 17,319 | $21.15 | $366K |
| holding | Common Stock, par value $0.01 | -- | -- | -- |
| holding | Common Stock, par value $0.01 | -- | -- | -- |
| holding | Common Stock, par value $0.01 | -- | -- | -- |
| holding | Common Stock, par value $0.01 | -- | -- | -- |
| holding | Common Stock, par value $0.01 | -- | -- | -- |
| holding | Common Stock, par value $0.01 | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.01 — 8,262,188 shares (Indirect, By ERT);
Common Stock, par value $0.01 — 66,680 shares (Direct, null)
Footnotes (1)
- 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. 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. 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. 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. 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. 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. Represents shares held by Ernest Rady IRA.
Key Figures
Total shares purchased: 78,855 shares
Purchase price May 21, 2026: $21.70/share
Purchase price May 20, 2026: $21.32/share
+5 more
8 metrics
Total shares purchased
78,855 shares
Indirect open-market purchases by Ernest Rady Trust
Purchase price May 21, 2026
$21.70/share
Common stock bought indirectly by Ernest Rady Trust
Purchase price May 20, 2026
$21.32/share
Common stock bought indirectly by Ernest Rady Trust
Purchase price May 19, 2026
$21.15/share
Common stock bought indirectly by Ernest Rady Trust
Shares held after largest purchase
8,262,188 shares
American Assets Trust shares held by Ernest Rady Trust
Direct shares in IRA
66,680 shares
Common stock held directly by Ernest Rady IRA
Indirect shares via AAI
2,267,022 shares
Common stock held by American Assets, Inc.
Indirect shares via ICW
1,275,336 shares
Common stock held by Insurance Company of the West
Key Terms
open-market purchase, indirect ownership, pecuniary interest, disclaims beneficial ownership, +1 more
5 terms
open-market purchase financial
"The trust bought a total of 78,855 shares in open-market purchase transactions."
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
indirect ownership financial
"The newly purchased shares are reported as indirect ownership by Ernest Rady Trust."
pecuniary interest financial
"Rady disclaims beneficial ownership except to the extent of his pecuniary interest therein."
disclaims beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of such shares."
Form 4 regulatory
"This Form 4 reports the insider’s indirect open-market purchases of common stock."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transactions did AAT’s Ernest S. Rady report on this Form 4?
Ernest S. Rady reported indirect open-market purchases of American Assets Trust common stock through Ernest Rady Trust. The trust bought 78,855 shares in total at prices between $21.15 and $21.70 per share across multiple days.