American Assets Trust Executive Chairman Rady Buys $1. Million Shares. Is This a Sign for Investors to Buy?
Rady's $1.1 million purchase at $22.75 per share comes as the REIT trades near its 52-week high, following a 15% annual gain. His 23% ownership stake signals confidence in the San Diego-based real estate firm.
Overview
Executive Chairman Ernest S. Rady purchased 50,000 shares of American Assets Trust, Inc. (NYSE:AAT) on Aug. 21, 2026, as disclosed in a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average purchase price ($22.75); post-transaction value based on Aug. 21, 2026 market close ($22.83).
Details
American Assets Trust operates as a fully integrated and internally managed real estate investment trust specializing in premium office, retail, and residential properties. The company strategically targets high-barrier-to-entry markets across the United States.
Source
Originally published at www.fool.com.