---
schema_version: "secwatch.filing_event.v1"
accession: "0001500217-26-000029"
form_type: "8-K"
ticker: "AAT"
cik: "0001500217"
company_name: "American Assets Trust, Inc."
filed_at: "2026-04-28T23:59:59+00:00"
generated_at: "2026-05-15T02:50:43.764351+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# American Assets Trust Q1 FFO $0.51; same-store cash NOI flat; reaffirms FY guidance

## Summary
- Net income $6.7M ($0.08 diluted EPS) vs $54.1M prior year which included gain on sale of Del Monte Center.
- FFO per diluted share and unit $0.51 vs $0.52; same-store cash NOI flat at $66.4M.
- Office occupancy 84.5% (up 140 bps QoQ); retail 97.7%; multifamily 94.7%.
- Credit facility amended and restated to $600M; maturity extended to Apr 2030.
- FY 2026 FFO guidance reaffirmed at $1.96-$2.10 per share.

## SEC filing metadata
- accession: 0001500217-26-000029
- form_type: 8-K
- ticker: AAT
- cik: 0001500217
- company_name: American Assets Trust, Inc.
- filed_at: 2026-04-28T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1500217/000150021726000029/0001500217-26-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1500217/000150021726000029/aat-20260428.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001500217-26-000029
- JSON: https://secwatch.observer/filing/0001500217-26-000029.json
- Plain text: https://secwatch.observer/filing/0001500217-26-000029.txt

## Key facts
- Earnings Releases
  American Assets Trust, Inc. reported first quarter ended March 31, 2026 results: net income $5.1 million for the first quarter, or $0.08 per diluted share, EPS $0.08 per diluted share.
  - Period: first quarter ended March 31, 2026
  - Net income: $5.1 million for the first quarter, or $0.08 per diluted share
  - EPS: $0.08 per diluted share
  - Result: reported results
  source text: Net income available to common stockholders of $5.1 million for the first quarter, or $0.08 per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1500217/000150021726000029/0001500217-26-000029-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.