Form 4: Director Joy L. Schaefer Acquires Shares of American Assets Trust, Inc.

Director Joy L. Schaefer acquired 2,295 shares of American Assets Trust, Inc. common stock on June 3, 2024, as part of a restricted stock issuance.

Summary

• On June 3, 2024, Joy L. Schaefer, a director of American Assets Trust, Inc. (AAT), acquired 2,295 shares of common stock.
• The acquisition was part of a restricted common stock issuance under the company's Amended and Restated 2011 Equity Incentive Award Plan.
• The shares were issued at a price of $0.
• Following the transaction, Ms. Schaefer directly owns 4,882 shares and indirectly owns 5,977 shares through the Joy L. Schaefer Skaggs Separate Property Trust.
• Ms. Schaefer disclaims beneficial ownership of the shares held by the trust, except to the extent of her pecuniary interest.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. A director acquiring shares is generally a good sign, indicating confidence in the company. However, it's a routine transaction under an existing plan.

Positives

• The acquisition of shares by a director signals confidence in the company's future prospects.

Industry Context

Director share acquisitions are common in publicly traded companies and are often viewed as a positive sign by investors.

Stakeholder Impact

• The share acquisition could have a slightly positive impact on shareholder sentiment.

Key Dates