American Assets Trust Executive Chairman Rady Buys Over $1 Million Worth of Shares
Ernest S. Rady, founder and Executive Chairman of American Assets Trust (AAT), purchased 50,000 shares at $21.65 per share on September 14, 2026, totaling approximately $1.1 million according to an SEC Form 4 filing. The transaction occurred near the stock's closing price that day and reflects Rady’s continued confidence in AAT despite a modest one-year total return of 4%. American Assets Trust is a fully integrated REIT focused on premium office, retail, and residential properties in high-barrier-to-entry U.S. markets. The company reported $1.3 billion market capitalization as of September 2026 with TTM revenue of $439.7 million and net income of $20.7 million. Rady's indirect holdings are managed through several entities, including trusts and insurance companies, indicating a long-term strategic approach to his ownership stake in the company.
Tickers: $AAT
Topics: SEC_filing stock_purchase