American Assets Trust executive chairman Rady buys $1.82m in shares

Ernest S. Rady, Executive Chairman and 10% owner of American Assets Trust (NYSE: AAT), recently made a significant move in the stock market. On August 24 and 26, 2026, Rady purchased approximately $1.82 million worth of the company's common stock, acquiring 79,729 shares at prices between $22.74 and $22.89 per share. This surge follows the REIT's impressive 24% return for the year, trading below its InvestingPro Fair Value, hinting at potential upside.

Rady's shares are held in various entities, with the Ernest Rady Trust, American Assets, Inc., Insurance Company of the West, Rady Foundation, Explorer Insurance Company, and the Evelyn Shirley Rady Trust all playing a part. His direct holding through the Ernest Rady IRA amounts to 66,680 shares. Rady disclaims any beneficial ownership of the shares held by these entities, except for the shares he directly holds.

Despite the recent earnings miss, where the company reported $0.09 per diluted share, below the anticipated $0.12 per share, American Assets Trust has maintained a robust dividend yield of 6%, with 16 consecutive years of consistent dividend payments. The company's leasing progress and solid balance sheet have kept it on track, with management reaffirming its full-year guidance. This move by Rady could influence investor sentiment, given the ongoing performance updates.