American Assets Trust executive chairman Rady acquires $3.4m in shares By Investing.com

Ernest S. Rady, Executive Chairman and a 10% owner of American Assets Trust (), recently increased his stake in the company through significant common stock purchases totaling $3,425,500. The transactions occurred on August 13 and August 14, 2026, with shares acquired at prices ranging from $22.79 to $22.86. The purchases come as AAT stock trades at $22.77, following a 27% surge over the past six months. According to InvestingPro analysis, the stock appears undervalued at current levels, with a Fair Value of $25.93.

On August 13, Mr. Rady acquired 100,000 shares of American Assets Trust common stock at a price of $22.86 per share. The following day, August 14, he purchased an additional 50,000 shares at $22.79 per share.

Following these acquisitions, Rady’s reported beneficial ownership of American Assets Trust common stock includes 8,802,531 shares held indirectly by the Ernest Rady Trust U/D/T March 10, 1983 (“ERT”), for which he serves as trustee. Mr. Rady disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.

Other indirect holdings include 2,267,022 shares held by American Assets, Inc. (“AAI”), 1,275,336 shares by Insurance Company of the West (“ICW”), 1,209,021 shares by Rady Foundation (“RF”), and 200,000 shares by Explorer Insurance Company (“EIC”), all of which are directly controlled by Mr. Rady. Additionally, 107,859 shares are held by the Evelyn Shirley Rady Trust U/D/T March 10, 1983 (“ESRT”), for which Mr. Rady is also the trustee. He also holds 66,680 shares directly in his Ernest Rady IRA.

Mr. Rady holds the titles of Executive Chairman, Director, and 10% Owner at American Assets Trust, Inc. The REIT currently offers a 6% dividend yield and has maintained dividend payments for 16 consecutive years, according to InvestingPro Tips. Investors seeking deeper insights can access AAT’s comprehensive Pro Research Report, one of 1,400+ available for US equities on the platform.

In other recent news, American Assets Trust reported its financial results for the second quarter of 2026. The company announced earnings of $0.09 per diluted share, which fell short of Wall Street’s estimate of $0.12. Revenue was recorded at $109.48 million, slightly under the forecast of $110.64 million. Despite these shortfalls, American Assets Trust maintained its full-year guidance, indicating confidence in its ongoing operations. The earnings miss comes amid steady leasing progress and a solid balance sheet. Investors are closely monitoring these developments, as the company’s reaffirmed guidance suggests a stable outlook. These financial results are crucial for stakeholders evaluating the company’s performance and future potential.

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