What's happening behind the scenes at REIT $AAT?
When the founder injects $10 million of his personal funds: a look at insider activity at AAT
American Assets Trust, Inc. (AAT) is a REIT that manages, acquires, and develops high-end commercial and retail real estate, offices, and residential complexes.
The company primarily focuses on markets with high barriers to entry on the US West Coast, including Southern California (San Diego), Northern California (San Francisco), Oregon (Portland), Washington State (Bellevue), and Hawaii (Honolulu).
And now, meet Ernest Rady
Ernest Rady is the company's founder, a shareholder with over 10%, and serves as the executive chairman of the board.
His influence is maximal: he knows every single asset in the portfolio and has full and primary access to all material information, development plans, or negotiations on new contracts.
During the second half of May, Rady purchased shares with rare aggression:
Note the data:
29.05.2026: Purchase of 106,337 shares at an average price of $22.72 (value: $2,415,797). 23.05.2026: Purchase of 10,000 shares at an average price of $22.67 (value: $226,700). 21.05.2026: Purchase of 78,855 shares at an average price of $21.56 (value: $1,699,773). 19.05.2026: Purchase of 100,528 shares at an average price of $20.94 (value: $2,104,922). 15.05.2026: Purchase of 170,640 shares at an average price of $21.04 (value: $3,589,826).
In total, Rady spent over $10 million from his personal funds to purchase shares.
We are tracking.