{"schema_version":"secwatch.filing_event.v1","accession":"0000912242-26-000009","form_type":"8-K","ticker":"MAC","cik":"0000912242","company_name":"MACERICH CO","filed_at":"2026-02-18T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.012870+00:00","generated_at":"2026-05-16T02:17:22.362151+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Macerich Q4 net loss narrows to $18.8M; FFO per share $0.48; record leasing","bullets":["Q4 net loss $18.8M vs $211.2M loss in Q4 2024; FFO ex-items $128.9M ($0.48) vs $116.7M ($0.47).","Go-Forward Portfolio NOI ex-lease term income up 1.7% Q4; 1.8% for FY 2025.","Portfolio tenant sales per sq ft $881 TTM Dec 2025 vs $837 prior year; leased occupancy 94.0%.","Signed 7.1M sq ft of leases in FY 2025 (85% YoY increase, company record); re-leasing spreads +6.7%.","Completed $1.3B dispositions in 2025; liquidity ~$990M; quarterly dividend $0.17 payable Mar 30."],"urls":{"canonical":"https://secwatch.observer/filing/0000912242-26-000009","json":"https://secwatch.observer/filing/0000912242-26-000009.json","markdown":"https://secwatch.observer/filing/0000912242-26-000009.md","text":"https://secwatch.observer/filing/0000912242-26-000009.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/912242/000091224226000009/0000912242-26-000009-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/912242/000091224226000009/mac-20260218.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T02:17:22.362151+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}