Source-grounded facts extracted from American Assets Trust, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
American Assets Trust, Inc. shareholders approved Advisory resolution to approve the Company's executive compensation for the fiscal year ended December 31, 2025. at the 2026-06-01 meeting.
“Proposal No. 3: An advisory resolution to approve the Company’s executive compensation for the fiscal year ended December 31, 2025. Votes For Votes Against Abstentions 55,480,484 792,002 46,713 There were 1,310,343 broker non-votes in connection with Proposal No. 3.”
Shareholder Votes
American Assets Trust, Inc. shareholders approved Ratification of the appointment Ernst & Young LLP as the Company's independent registered public accounting firm for the year ending December 31, 2026. at the 2026-06-01 meeting.
“Proposal No. 2: The ratification of the appointment Erns t & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026. Votes For Votes Against Abstentions 57,349,229 251,445 28,868 There were no broker non-votes in connection with Proposal No. 2.”
Shareholder Votes
American Assets Trust, Inc. shareholders approved Election of five directors, each to serve until the next annual meeting of stockholders in 2027 or until his or her successor is duly elected and qualified. at the 2026-06-01 meeting.
“Proposal No. 1: The election of five directors, each to serve until the next annual meeting of stockholders in 2027 or until his or her successor is duly elected and qualified. Nominee Votes For Votes Withheld Ernest S. Rady 54,216,994 2,102,205 Thomas S. Olinger 54,740,520 1,578,679 Joy L. Schaefer 35,305,627 21,013,572 Dr. Robert S. Sullivan 42,958,854 13,360,345 Stuart A. Tanz 55,581,052 738,147 There were 1,310,343 broker non-votes and no abstentions in connection with Proposal No. 1. Each of the preceding five directors was elected to our board of directors to serve until the next annual meeting of stockholders in 2027 or until his or her respective successors are duly elected and qualified.”
Material Agreements
American Assets Trust, Inc. entered into Voting Support Agreement with Ernest Rady Trust U/D/T March 10, 1983, the Evelyn Shirley Rady Trust U/D/T March 10, 1983, and American Assets, Inc. (effective 2026-05-11).
“On May 11, 2026, American Assets Trust, Inc. (the "Company") entered into a Voting Support Agreement (the "Voting Agreement") with the Ernest Rady Trust U/D/T March 10, 1983 (the "Rady Trust"), the Evelyn Shirley Rady Trust U/D/T March 10, 1983, and American Assets, Inc. (collectively, the "Stockholder").”
Equity Issuances
American Assets Trust, Inc. issued common stock.
“the Board (i) increased the 2011 Excepted Holder Limit to 21.9% (in value or in number, whichever is more restrictive) of the outstanding shares of Common Stock (the “2026 Excepted Holder Limit”) and (ii) decreased each of the Aggregate Stock Ownership Limit and the Common Stock Ownership Limit (each as defined in the Charter) to 6.775% (in value or number, whichever is more restrictive).”
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.
“Net income available to common stockholders of $5.1 million for the first quarter, or $0.08 per diluted share.”
Debt Financings
American Assets Trust, Inc. incurred credit facility of up to $600 million, consisting of a revolving line of credit of $500 million and a term loan of $100 million with Bank of America, N.A., as Administrative Agent at SOFR and a spread which ranges from (a) 1.05%-1.50% (with respect to Revolver Lo maturing April 1, 2030.
“the Third Amended and Restated Credit Agreement dated January 5, 2022. The Fourth Amended and Restated Credit Agreement provides for aggregate, unsecured borrowings of up to $600 million, consisting of a revolving line of credit of $500 million (the “Revolver Loan”) and a term loan of $100 million (the “$100mm Term Loan”). Borrowings under the Fourth Amended and”
Material Agreements
American Assets Trust, Inc. amended Fourth Amended and Restated Credit Agreement with lenders from time to time party thereto, Bank of America, N.A., as Administrative Agent, and other entities named therein valued at $600 million (effective 2026-04-01).
“On April 1, 2026, American Assets Trust, Inc. (the “Company”) and American Assets Trust, L.P. (the “Operating Partnership”) entered into the Fourth Amended and Restated Credit Agreement (the “Fourth Amended and Restated Credit Agreement”) with the lenders from time to time party thereto, Bank of America, N.A., as Administrative Agent, and other entities named therein, which amends and restates the Third Amended and Restated Credit Agreement dated January 5, 2022.”
Adam Wyll was appointed as Chief Executive Officer at American Assets Trust, Inc..
“On July 25, 2024, the Board appointed Adam Wyll, the Company’s President and Chief Operating Officer, to fill the role of Chief Executive Officer at the Company effective January 1, 2025.”
Ernest S. Rady changed role as Executive Chairman at American Assets Trust, Inc..
“On July 25, 2024, Ernest S. Rady, Chairman of the Board of Directors (the “Board”) and Chief Executive Officer of the Company, gave notice of his intention to transition from Chief Executive Officer to Executive Chairman effective as of January 1, 2025.”
Earnings Releases
American Assets Trust, Inc. reported first quarter ended March 31, 2024 results: net income $19.3 million, EPS $0.32 per diluted share. Guidance raised.
“Net income available to common stockholders of $19.3 million for the first quarter, or $0.32 per diluted share.”
Earnings Releases
American Assets Trust, Inc. reported the quarter and fiscal year ending December 31, 2023 results: net income Net income available to common stockholders of $10.5 million and $50.4 million for the three months and year ended Decem, EPS $0.17 and $0.84 per diluted share, respectively. Guidance initiated.
“On February 6, 2024, American Assets Trust, Inc. (the "Company") issued a press release regarding its financial results for the quarter and fiscal year ending December 31, 2023.”
Earnings Releases
American Assets Trust, Inc. reported for the nine months ended September 30, 2023 results: net income $39.9 million, EPS $0.66 per diluted share. Guidance raised.
“Net income available to common stockholders of $11.8 million and $39.9 million for the three and nine months ended September 30, 2023, respectively, or $0.20 and $0.66 per diluted share, respectively.”
Earnings Releases
American Assets Trust, Inc. reported for the quarter ending September 30, 2023 results: net income $11.8 million, EPS $0.20 per diluted share. Guidance raised.
“On October 24, 2023, American Assets Trust, Inc. (the “Company”) issued a press release regarding its financial results for the quarter ending September 30, 2023.”
Earnings Releases
American Assets Trust, Inc. reported six months ended June 30, 2023 results: net income $28.1 million, EPS $0.47 per diluted share. Guidance raised.
“Net income available to common stockholders of $12.0 million and $28.1 million for the three and six months ended June 30, 2023, respectively, or $0.20 and $0.47 per diluted share, respectively.”
Earnings Releases
American Assets Trust, Inc. reported quarter ended June 30, 2023 results: net income $12.0 million, EPS $0.20 per diluted share. Guidance raised.
“Net income available to common stockholders of $12.0 million and $28.1 million for the three and six months ended June 30, 2023, respectively, or $0.20 and $0.47 per diluted share, respectively.”
Governance Changes
American Assets Trust, Inc.: Adopted amendments to bylaws to address universal proxy rules and require proxy card color other than white (effective 2023-07-20).
“On July 20, 2023, the Board of Directors (“Board”) of the Company adopted amendments to the Company’s amended and restated bylaws (as amended, the “Amended and Restated Bylaws”), which became effective the same day. Among other things, the amendments effected by the Amended and Restated Bylaws: a. address the universal proxy rules adopted by the U.S. Securities and Exchange Commission, by clarifying that no person may solicit proxies in support of a director nominee other than the Board’s nominees unless such person has complied with Rule 14a-19 under the Exchange Act, including applicable notice and solicitation requirements; and b. require that a stockholder directly or indirectly soliciting proxies from other stockholders use a proxy card color other than white.”
Shareholder Votes
American Assets Trust, Inc. shareholders approved An advisory resolution to approve the Company's executive compensation for the fiscal year ended December 31, 2022. at the 2023-06-05 meeting.
“Proposal No. 3: An advisory resolution to approve the Company’s executive compensation for the fiscal year ended December 31, 2022. Votes For Votes Against Abstentions 52,277,780 1,050,629 18,146 There were 1,914,240 broker non-votes in connection with Proposal No. 3.”
Shareholder Votes
American Assets Trust, Inc. shareholders approved Ratification of the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the year ending December 31, 2023. at the 2023-06-05 meeting.
“Proposal No. 2: The ratification of the appointment Erns t & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023. Votes For Votes Against Abstentions 54,560,820 690,834 9,141 There were no broker non-votes in connection with Proposal No. 2.”
Shareholder Votes
American Assets Trust, Inc. shareholders approved Election of five directors to serve until the next annual meeting of stockholders in 2024 or until their successors are duly elected and qualified. at the 2023-06-05 meeting.
“Proposal No. 1: The election of five directors, each to serve until the next annual meeting of stockholders in 2024 or until his or her successor is duly elected and qualified. Nominee Votes For Votes Withheld Ernest S. Rady 50,637,449 2,709,106 Thomas S. Olinger 51,633,418 1,713,137 Joy L. Schaefer 37,426,361 15,920,194 Dr. Robert S. Sullivan 44,194,192 9,152,363 Nina A. Tran 44,389,345 8,957,210 There were 1,914,240 broker non-votes and no abstentions in connection with Proposal No. 1.”
Earnings Releases
American Assets Trust, Inc. reported first quarter ended March 31, 2023 results: net income $16.1 million, EPS $0.27 per diluted share. Guidance raised.
“American Assets Trust, Inc. Reports First Quarter 2023 Financial Results Net income available to common stockholders of $16.1 million for the first quarter, or $0.27 per diluted share. Funds From Operations per diluted share increased 16% year-over-year for the first quarter to $0.66 per diluted share. Increased 2023 FFO per diluted share guidance to a range of $2.23 to $2.33 with a midpoint of $2.28.”
Earnings Releases
American Assets Trust, Inc. reported financial results for the quarter and fiscal year ending December 31, 2022.
“On February 7, 2023, American Assets Trust, Inc. (the “Company”) issued a press release regarding its financial results for the quarter and fiscal year ending December 31, 2022.”
Debt Financings
American Assets Trust, Inc. amended term loan of $225 million with U.S. Bank National Association, as Administrative Agent maturing January 5, 2025.
“On January 5, 2023 (“Effective Date”), American Assets Trust, Inc. (the “Company”) and American Assets Trust, L.P. (the “Operating Partnership”) entered into the Amended and Restated Term Loan Agreement (“Amended and Restated Term Loan Agreement”) with the lenders party thereto, and U.S. Bank National Association, as Administrative Agent, which amends and restates the Term Loan Agreement dated as of March 1, 2016, as amended. As of the Effective Date, the Amended and Restated Term Loan Agreement increased the aggregate, unsecured borrowings from $150 million to $225 million (as amended and restated, the “Term Loan”) and extended the maturity date of the Term Loan from March 1, 2023 to January 5, 2025, with one, twelve-month extension option, subject to certain conditions.”
Material Agreements
American Assets Trust, Inc. amended Amended and Restated Term Loan Agreement with the lenders party thereto, and U.S. Bank National Association, as Administrative Agent valued at $225 million (effective 2023-01-05).
“On January 5, 2023 (“Effective Date”), American Assets Trust, Inc. (the “Company”) and American Assets Trust, L.P. (the “Operating Partnership”) entered into the Amended and Restated Term Loan Agreement (“Amended and Restated Term Loan Agreement”) with the lenders party thereto, and U.S. Bank National Association, as Administrative Agent, which amends and restates the Term Loan Agreement dated as of March 1, 2016, as amended.”
Adam Wyll was appointed as President and Chief Operating Officer at American Assets Trust, Inc..
“On July 23, 2021, the Board of Directors of the Company appointed Adam Wyll to the position of President and Chief Operating Officer.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.