Form 4: Executive Chairman Ernest S. Rady Acquires 166,636 Shares of American Assets Trust, Inc.

American Assets Trust, Inc. (AAT) filed a Form 4 disclosing open-market purchases of common stock by Ernest S. Rady, the company's Executive Chairman, a director, and a 10% owner. Between August 31 and September 2, 2026, Mr. Rady acquired a total of 166,636 shares through entities he controls: 20,000 shares at $22.33, 50,000 shares at $22.40, and 96,636 shares at $22.50 per share, for an aggregate investment of approximately $3.74 million. All transactions were coded as "P" (purchases) with an acquired/disposed code of "A." Following these purchases, indirect holdings increased to 9,065,846 shares (via ERT) after the first transaction, 9,115,846 shares after the second, and 2,413,658 shares (via AAI) after the third. The filing also reports additional indirect holdings through ICW, RF, EIC, and ESRT, as well as 66,680 directly owned shares. Mr. Rady disclaims beneficial ownership of shares held indirectly, except to the extent of his pecuniary interest. The purchases reflect continued insider accumulation by the company's executive leadership.