Macerich SEC Filings

Macerich (MAC): Schedule 13G/A (Amendment No. 3) discloses that FMR LLC and Abigail P. Johnson beneficially own 21,010,311.51 shares of Macerich common stock, representing 8.3% of the class, as of the event date 09/30/2025.

FMR LLC reports sole voting power over 20,477,671.00 shares and sole dispositive power over 21,010,311.51 shares; no shared voting or dispositive power is indicated. Abigail P. Johnson reports sole dispositive power over 21,010,311.51 shares and no voting power.

The filing states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control. Item 6 notes one or more other persons may have rights to dividends or sale proceeds, with no single person over 5%.

The Macerich Company (MAC) reported Q3 2025 results showing stronger top-line performance but a net loss driven by non-cash items. Total revenues were $253.3 million, up from $220.2 million a year ago, as leasing revenue rose to $237.2 million. The quarter’s net loss attributable to the company was $87.4 million, or $0.34 per share, compared with a $108.2 million loss, or $0.50 per share, last year.

Results were weighed by a $72.6 million net loss on sale or write-down of assets, including $95.4 million of impairment charges tied to shortened holding periods for select properties. Operating cash flow remained solid at $271.4 million for the nine months, supporting $266.9 million of property acquisitions and $75.4 million of development spending, alongside $599.1 million of new debt proceeds and $247.0 million of repayments.

Liquidity improved with cash and restricted cash totaling $380.6 million at September 30, 2025. Mortgage notes payable were $5.08 billion. The company issued 2.78 million shares under its 2024 ATM Program for $50.2 million gross during the quarter. Shares outstanding were 256,118,084 as of November 3, 2025. Notable updates include a $159.1 million SOFR-based term loan at Crabtree Mall and ongoing non-recourse resolution at Santa Monica Place under a court-appointed receiver.

The Macerich Company furnished its Earnings Results & Supplemental Information for the three and nine months ended September 30, 2025. The materials were posted to the company’s website and furnished as Exhibit 99.1 to a Form 8-K. The information was provided under Item 2.02 (Results of Operations and Financial Condition) and Item 7.01 (Regulation FD Disclosure) and is expressly stated as furnished, not filed, and not incorporated by reference into other SEC filings.

Macerich Co. (MAC) director Marianne Lowenthal reported a sale of 6,000 shares of Macerich common stock on 09/24/2025 at a reported price of $17.13 per share. Following the transaction she beneficially owns 36,876 shares in a direct capacity. The Form 4 is signed and dated 09/25/2025.

Insider sale reported at Macerich (MAC) — Christopher J. Zecchini, the company's Chief Accounting Officer and an officer reporting person, sold 9,500 shares of Macerich common stock on 08/15/2025 at $17.165 per share, leaving him with 3,587 shares beneficially owned. The Form 4 was signed on 08/18/2025. The filing shows a single non-derivative sale transaction and no derivative activity.

The Macerich Company (MAC) reported stronger leasing activity but recorded a quarterly operating loss largely driven by asset write-downs and other non-cash items. Leasing revenue for the three months ended June 30, 2025 rose to $232,725 from $197,961 a year earlier, helping total revenues increase to $249,793 versus $215,521. Despite higher revenues, the company reported a net loss attributable to the company of $(40,905) for the quarter and $(91,029) for the six months, reflecting impairment charges and losses on dispositions.

Balance sheet and liquidity highlights include total assets of $8,729,251, cash and restricted cash of $225,473, and mortgage notes payable of $5,229,832. The company completed acquisitions and consolidation activity (including prior-period PPR portfolio and 2025 Crabtree Mall acquisition) and arranged significant financings such as a $340,000 loan on Washington Square, while Santa Monica Place remains in loan default and under a court-appointed receiver pending disposition.

The Macerich Company (MAC) filed a Form 8-K reporting that on August 11, 2025 it posted an "Earnings Results & Supplemental Information" document with financial and operating information for the three and six months ended June 30, 2025. The supplement is furnished as Exhibit 99.1 and the filing also includes an Inline XBRL cover page as Exhibit 104. The company states the exhibit is furnished under Items 2.02 and 7.01 and explicitly notes it is not "filed" with the SEC or incorporated by reference into other filings. The report is signed by CFO Daniel Swanstrom.

The Macerich Company (NYSE: MAC) has announced the acquisition of Crabtree Mall in Raleigh, NC for $290 million. The Class A retail property encompasses approximately 1.3 million square feet of space.

Key transaction details:

• Purchase funded through cash on hand and $100 million in borrowings from revolving credit facility
• Transaction completed on June 24, 2025
• Company released investor presentation and press release regarding the acquisition

The filing includes disclosure of investor materials made available on the company's website (investing.macerich.com) and confirms that the information provided is "furnished" rather than "filed" under Securities Exchange Act requirements. This strategic acquisition represents a significant expansion of Macerich's retail portfolio in the North Carolina market.