secwatch.observer — SEC 8-K summary
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Issuer:     American Assets Trust, Inc. (AAT)
CIK:        0001500217
Form:       8-K
Filed at:   2026-04-28T23:59:59+00:00
Accession:  0001500217-26-000029
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1500217/000150021726000029/0001500217-26-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1500217/000150021726000029/aat-20260428.htm
  HTML page:      https://secwatch.observer/filing/0001500217-26-000029

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer