Senvest Management, LLC and Richard Mashaal filed an amended beneficial ownership statement with the SEC on November 13, 2026, reporting a combined 1,799,902 shares of American Assets Trust, Inc. common stock, representing 2.9% of the class as of September 30, 2026.

Key Highlights

  • Reporting persons: Senvest Management, LLC (a Delaware investment adviser) and Richard Mashaal, a Canadian national and managing member of Senvest Management, LLC.
  • Shares reported: 1,799,902 shares of Common Stock, par value $0.01 per share, beneficially owned by each reporting person.
  • Percentage of class: 2.9%, calculated against 61,404,213 shares outstanding as of July 31, 2026.
  • Voting and dispositive power: Both reporting persons report zero sole voting or dispositive power; all 1,799,902 shares are held with shared voting and shared dispositive power.
  • Investment vehicle: The reported securities are held in the account of Senvest Master Fund, LP.
  • Triggering event date: September 30, 2026, identified as the date of the event requiring this filing.

Senvest Management's Reported Position in American Assets Trust

According to the filing, American Assets Trust, Inc. is a Maryland corporation headquartered at 3420 Carmel Mountain Road, Suite 100, San Diego, California 92121, and its common stock carries a par value of $0.01 per share with CUSIP number 024013104. The shares subject to this disclosure are listed on the NYSE under the ticker NYSE:AAT. The filing is designated Amendment No. 1, indicating a prior statement was on record for this same issuer and class of securities.

The filing states that Senvest Management, LLC may be deemed to beneficially own the securities held by Senvest Master Fund, LP by virtue of its position as investment manager of that fund. Richard Mashaal may be deemed to beneficially own the same securities by virtue of his status as the managing member of Senvest Management, LLC. The filing notes that "none of the foregoing should be construed in and of itself as an admission by any Reporting Person as to beneficial ownership of the securities reported herein." The right to receive dividends and the proceeds from any sale of the shares is attributed to Senvest Master Fund, LP as the investment vehicle directly holding the position.

The 2.9% ownership percentage was calculated using 61,404,213 shares of common stock outstanding as of July 31, 2026, a figure the filing attributes to American Assets Trust's Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2026, filed with the SEC on July 31, 2026. The certification included in the filing states that the securities were not acquired and are not held for the purpose of changing or influencing control of the issuer.

What Was Disclosed

Senvest Management, LLC and Richard Mashaal filed an amended beneficial ownership report disclosing 1,799,902 shares, equal to 2.9% of American Assets Trust common stock, held through Senvest Master Fund, LP, with all voting and dispositive power shared between the two reporting persons.