Ernest Rady’s acquisition boosts his indirect holdings to 14.0 million shares amid a slight market premium.
American Assets Trust Inc. (NYSE:AAT) Executive Chairman Ernest Rady bought 50,000 shares on August 21, 2026, at a weighted average price of $22.75. The transaction, disclosed in an SEC Form 4 filing, valued the purchase at approximately $1.14 million, slightly below the stock’s $22.83 closing price that day.
The company reported trailing twelve-month revenue of $439.7 million and net income of $20.7 million, with a market capitalization of $1.4 billion. Rady’s holdings now total 14.0 million shares indirectly and 66,680 shares directly, structured through entities including the Ernest Rady Trust and American Assets, Inc.
American Assets Trust focuses on premium office, retail, and residential properties in high-barrier-to-entry U.S. markets.