Welcome to our dedicated page for Macerich SEC filings (Ticker: MAC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Macerich Company (NYSE: MAC) files a range of documents with the U.S. Securities and Exchange Commission that provide insight into its operations as a real estate investment trust (REIT). This page organizes MAC SEC filings, including current reports on Form 8-K that cover earnings releases, portfolio transactions, and investor presentations.
Macerich’s Form 8-K filings describe material events such as the release of quarterly financial results and supplemental information, the posting of business update presentations, and significant property acquisitions or sales. For example, the company has reported the acquisition of a large Class A mall in a high-growth market and the sale of specific retail centers, along with information about expected uses of proceeds. Other 8-Ks furnish earnings supplements that include financial and operating data, as well as reconciliations of non-GAAP measures like net operating income (NOI) and funds from operations (FFO) to comparable GAAP metrics.
Investors can use this filings page to track how Macerich communicates its strategic plans, portfolio changes, and financial performance through official regulatory documents. The company also notes in its filings that it uses its investor relations website as a channel for disclosing material nonpublic information and for complying with Regulation FD.
Stock Titan enhances access to these filings with AI-powered tools that help summarize lengthy documents, highlight key sections, and make it easier to understand the implications of Macerich’s disclosures. Users can quickly locate recent 8-Ks related to earnings, acquisitions, dispositions, or investor presentations, and use AI-generated insights as a starting point for deeper review of the full SEC filings.
Macerich Co/The reported that Vanguard Capital Management beneficially owned 13,593,968 shares of Common Stock, equal to 5.29% of the class as of 03/31/2026. The filing shows sole voting power for 2,121,362 shares and sole dispositive power for 13,593,968 shares held on behalf of various Vanguard-managed accounts.
The Schedule 13G filing states these holdings include securities held by Vanguard funds and certain affiliates and that no single outside person holds more than 5.29% of the class.
Macerich Co/The reported beneficial ownership by Vanguard Portfolio Management LLC. Vanguard Portfolio Management reports 25,664,934 shares of Common Stock, representing 9.99% of the class, with sole dispositive power over 25,664,934 shares and sole voting power for 99,075 shares. The filing is signed 04/29/2026.
The Macerich Company is soliciting proxies for its 2026 Annual Meeting of Stockholders, to be held virtually on June 1, 2026 at 9:00 a.m. Eastern Time via live audio webcast.
Stockholders will vote on electing eight directors, an advisory say-on-pay resolution, and ratifying KPMG LLP as independent auditor for the fiscal year ending December 31, 2026. Each share of common stock carries one vote, with 260,176,148 shares outstanding as of the March 27, 2026 record date.
The proxy describes a board composed mostly of independent directors, robust governance practices, and a pay-for-performance executive compensation program. CEO Jackson Hsieh’s target total compensation is $9.0 million, heavily weighted to performance-based long-term equity tied to relative total stockholder return. In 2025, approximately 90% of votes supported the prior say-on-pay proposal.
Smead Capital Management filed an amendment reporting beneficial ownership of 12,155,332.57 shares of Macerich Company common stock, representing 4.74% of the class. The filing is a joint Schedule 13G/A amendment signed by Smead Capital, William W. Smead, and Cole W. Smead.
The report lists sole voting and dispositive power over 12,155,332.57 shares and provides the issuer's principal office address in Santa Monica, California.
Macerich Co. Schedule 13G/A amendment discloses that The Vanguard Group reports 0 shares beneficially owned of Macerich common stock, representing 0% of the class following an internal realignment described in the filing. The realignment occurred on 01/12/2026 and the amendment is signed on 03/27/2026. The filing states Vanguard subsidiaries and business divisions will report holdings separately in reliance on SEC Release No. 34-39538.
The Macerich Company furnished a business update alongside its appearance at Citi’s 2026 Global Property CEO Conference, highlighting record leasing momentum, a sizable signed‑not‑open pipeline and progress on its deleveraging plan.
For the full year 2025, Macerich signed 1,199 leases versus 819 in 2024, with 291 store openings versus 197 and go-forward leased occupancy rising to 94.9%. The company reports about $107 million of signed‑not‑open revenue uplift committed, with cumulative potential of roughly $140 million that it estimates will flow about 80% to NOI. A five-year plan calls for about 1,000 new tenant openings, with roughly 800 already committed or in letter‑of‑intent stage and leasing completion at 76% as of February 2026.
Macerich is also replacing 30 legacy anchors totaling 2.9 million square feet, targeting an estimated $750 million in annual sales. On the balance sheet side, it outlines a roughly $2 billion asset sale and give‑back program, with about $1.4–$1.5 billion already addressed through completed or in‑process mall and outparcel transactions.
The Macerich Company entered into a Second Amended and Restated Credit Agreement providing a $900 million secured revolving loan facility maturing on March 1, 2029, with an option to extend to March 1, 2030. The facility can be increased to $1.1 billion subject to additional lender commitments and conditions.
Borrowings bear interest at either a Base Rate or Term SOFR plus a margin currently ranging from 0.80% to 2.20%, with the margin tied initially to debt yield and later to net debt to EBITDA upon meeting performance thresholds. As of signing, the applicable margin was 0.90% for Base Rate loans and 1.90% for Term SOFR loans.
The agreement is secured by mortgages on certain wholly owned assets and equity pledges and is unconditionally guaranteed by Macerich and certain subsidiaries. It includes a borrowing base maintenance covenant, minimum debt yield and fixed charge coverage tests, a cap on floating rate debt, and customary covenants and events of default. The borrower also pays a monthly facility fee on unused commitments.
The Macerich Company entered into a Second Amended and Restated Credit Agreement providing a $900 million secured revolving loan facility maturing on March 1, 2029, with an option to extend to March 1, 2030. The facility can be increased to $1.1 billion subject to additional lender commitments and conditions.
Borrowings bear interest at either a Base Rate or Term SOFR plus a margin currently ranging from 0.80% to 2.20%, with the margin tied initially to debt yield and later to net debt to EBITDA upon meeting performance thresholds. As of signing, the applicable margin was 0.90% for Base Rate loans and 1.90% for Term SOFR loans.
The agreement is secured by mortgages on certain wholly owned assets and equity pledges and is unconditionally guaranteed by Macerich and certain subsidiaries. It includes a borrowing base maintenance covenant, minimum debt yield and fixed charge coverage tests, a cap on floating rate debt, and customary covenants and events of default. The borrower also pays a monthly facility fee on unused commitments.
The Macerich Company outlines its 2025 performance and strategy as a national mall-focused REIT. It owns or has interests in 38 centers totaling about 39 million square feet, anchored by 127 major tenants and roughly 4,600 smaller stores and freestanding units.
During 2025, Macerich bought Crabtree Mall in North Carolina for $290 million and sold multiple malls, parcels and joint-venture interests, including Lakewood Center for $332.1 million (with loan assumption), as part of its balance-sheet-focused “Path Forward Plan.” Proceeds were largely used to pay down debt and fund general corporate needs.
The company refinanced Washington Square with a new $340 million 10‑year loan at a 5.58% fixed rate, raised $53.9 million by selling 3.1 million shares through its 2024 ATM equity program, and maintained a quarterly common dividend of $0.17 per share. It is investing heavily in redevelopment projects at Scottsdale Fashion Square, Green Acres Mall and FlatIron Crossing to add luxury retail, mixed-use and residential components while deliberately pruning non-core assets.
Macerich Co senior executive vice president and chief financial officer Daniel E. Swanstrom II received a grant of 41,411 LTIP Units on February 16, 2026. These units are long-term incentive compensation in The Macerich Partnership, L.P., where Macerich is the general partner.
Each LTIP Unit can, after meeting tax allocation and time-vesting conditions, be converted into a common partnership unit, which the holder may later redeem for cash equal to the fair market value of one Macerich common share, or one share if the company elects stock settlement. The LTIP Units vest in three equal installments on December 31, 2026, December 31, 2027, and December 31, 2028, and do not have expiration dates for conversion and redemption rights. Following this grant, Swanstrom directly holds 154,695 LTIP Units.