# EDGAR Filing Document

**Accession Number:** 0001890141
**File Stem:** 0000897101-26-000001
**Filing Date:** 2026-1
**Character Count:** 8718
**Document Hash:** dbeaf83cc211a9aa4dda919628ae4890
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000897101-26-000001.hdr.sgml**: 20260102

**ACCESSION NUMBER**: 0000897101-26-000001

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260102

**DATE AS OF CHANGE**: 20260102

**EFFECTIVENESS DATE**: 20260102

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** First American Funds Trust
- **CENTRAL INDEX KEY:** 0001890141

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-260527
- **FILM NUMBER:** 26500575

**BUSINESS ADDRESS:**
- **BUSINESS PHONE:** 6123037987

**MAIL ADDRESS:**
- **STREET 1:** 800 NICOLETT MALL
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55402

## Series and Classes Contracts Data

### Government Obligations Fund (Series ID: S000074975)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class P    | FPPXX         | C000233532 |
| Class T    | FTGXX         | C000233533 |
| Class A    | FAAXX         | C000233534 |
| Class D    | FGDXX         | C000233535 |
| Class U    | FGUXX         | C000233536 |
| Class X    | FGXXX         | C000233537 |
| Class Y    | FGVXX         | C000233538 |
| Class Z    | FGZXX         | C000233539 |
| Class V    | FVIXX         | C000233540 |

---

### Institutional Prime Obligations Fund (Series ID: S000074976)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class Z    | FPZXX         | C000233541 |
| Class Y    | FAIXX         | C000233542 |
| Class T    | FIUXX         | C000233543 |
| Class V    | FPIXX         | C000233544 |

---

### Retail Prime Obligations Fund (Series ID: S000074977)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class T    | FEIXX         | C000233545 |
| Class Z    | FZRXX         | C000233546 |
| Class Y    | FYRXX         | C000233547 |
| Class X    | FXRXX         | C000233548 |
| Class V    | FPUXX         | C000233549 |
| Class A    | FAPXX         | C000233550 |

---

### Retail Tax Free Obligations Fund (Series ID: S000074978)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class T    | FTJXX         | C000233551 |
| Class V    | FHIXX         | C000233552 |
| Class Y    | FFCXX         | C000233553 |
| Class Z    | FTZXX         | C000233554 |
| Class A    | FTAXX         | C000233555 |

---

### Treasury Obligations Fund (Series ID: S000074979)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class D    | FTDXX         | C000233556 |
| Class P    | FUPXX         | C000233557 |
| Class T    | FTTXX         | C000233558 |
| Class V    | FLIXX         | C000233559 |
| Class X    | FXFXX         | C000233560 |
| Class Y    | FOCXX         | C000233561 |
| Class A    | FATXX         | C000233562 |
| Class Z    | FUZXX         | C000233563 |

---

### U.S. Treasury Money Market Fund (Series ID: S000074980)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class D    | FODXX         | C000233564 |
| Class T    | FTKXX         | C000233565 |
| Class V    | FUIXX         | C000233566 |
| Class Y    | FOYXX         | C000233567 |
| Class Z    | FOZXX         | C000233568 |
| Class A    | FOEXX         | C000233569 |
| Class X    | FORXX         | C000259220 |

---

## Series and Classes Contracts Data

### Government Obligations Fund (Series ID: S000074975)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000233532 | Class P      | FPPXX           |
| C000233533 | Class T      | FTGXX           |
| C000233534 | Class A      | FAAXX           |
| C000233535 | Class D      | FGDXX           |
| C000233536 | Class U      | FGUXX           |
| C000233537 | Class X      | FGXXX           |
| C000233538 | Class Y      | FGVXX           |
| C000233539 | Class Z      | FGZXX           |
| C000233540 | Class V      | FVIXX           |

### Institutional Prime Obligations Fund (Series ID: S000074976)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000233541 | Class Z      | FPZXX           |
| C000233542 | Class Y      | FAIXX           |
| C000233543 | Class T      | FIUXX           |
| C000233544 | Class V      | FPIXX           |

### Retail Prime Obligations Fund (Series ID: S000074977)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000233545 | Class T      | FEIXX           |
| C000233546 | Class Z      | FZRXX           |
| C000233547 | Class Y      | FYRXX           |
| C000233548 | Class X      | FXRXX           |
| C000233549 | Class V      | FPUXX           |
| C000233550 | Class A      | FAPXX           |

### Retail Tax Free Obligations Fund (Series ID: S000074978)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000233551 | Class T      | FTJXX           |
| C000233552 | Class V      | FHIXX           |
| C000233553 | Class Y      | FFCXX           |
| C000233554 | Class Z      | FTZXX           |
| C000233555 | Class A      | FTAXX           |

### Treasury Obligations Fund (Series ID: S000074979)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000233556 | Class D      | FTDXX           |
| C000233557 | Class P      | FUPXX           |
| C000233558 | Class T      | FTTXX           |
| C000233559 | Class V      | FLIXX           |
| C000233560 | Class X      | FXFXX           |
| C000233561 | Class Y      | FOCXX           |
| C000233562 | Class A      | FATXX           |
| C000233563 | Class Z      | FUZXX           |

### U.S. Treasury Money Market Fund (Series ID: S000074980)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000233564 | Class D      | FODXX           |
| C000233565 | Class T      | FTKXX           |
| C000233566 | Class V      | FUIXX           |
| C000233567 | Class Y      | FOYXX           |
| C000233568 | Class Z      | FOZXX           |
| C000233569 | Class A      | FOEXX           |
| C000259220 | Class X      | FORXX           |

**FIRST AMERICAN FUNDS TRUST**

**Government Obligations Fund**

**Institutional Prime Obligations Fund**

**Retail Prime Obligations Fund**

**Retail Tax Free Obligations Fund**

**Treasury Obligations Fund**

**U.S. Treasury Money Market Fund**

**(collectively, the "First American Money Market Funds")**

**Statement of Additional Information (SAI) Supplement dated January 2, 2026**

This information supplements the First American Money Market Funds SAI dated November 14, 2025. Please retain this supplement for future reference.

**The table and paragraphs on page 21 of the SAI under the heading "Trustees and Executive Officers–Trustee Compensation" is replaced by the following:**

**Trustee Compensation**

Effective January 1, 2026, FAF pays Trustees who are not paid employees or affiliates of the Funds an annual retainer of $205,000 ($285,000 in the case of the Chair). The Audit Committee Chair receives an additional annual retainer of $20,000 and the Governance Committee Chair receives an additional annual retainer of $18,000.

Trustees also receive $3,500 per day when traveling, on behalf of a Fund, out of town on Fund business which does not involve a Board or committee meeting. In addition, Trustees are reimbursed for their out-of pocket expenses in traveling from their primary or secondary residence to Board and committee meetings, on Fund business and to attend mutual fund industry conferences or seminars. The amounts specified above are allocated evenly among the funds in FAF.

The Funds do not provide any other pension or retirement benefits to Trustees.

The following table sets forth information concerning aggregate compensation paid to each Trustee of FAF (i) by FAF (column 2), and (ii) by FAF Inc. (column 5) during the fiscal year ended August 31, 2025. No executive officer or affiliated person of FAF received any compensation from FAF in excess of $60,000 during such fiscal period.

***Compensation during Fiscal Year Ended August 31, 2025***

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Name of Person, Position** | **Aggregate <br>Compensation <br>from Registrant** | **Pension or <br>Retirement <br>Benefits Accrued <br>as Part of Fund <br>Expenses** | **Estimated Annual <br>Benefits Upon <br>Retirement** | **Total<br> Compensation from <br>Registrant and FAF <br>Paid to Trustees** |
| David K. Baumgardner, Trustee | $215000 | -0- | -0- | $215000 |
| James D. McDonald, Trustee | 195000 | -0- | -0- | 195000 |
| Jennifer J. McPeek, Trustee | 212000 | -0- | -0- | 212000 |
| Harpreet Saluja, Trustee | 195000 | -0- | -0- | 195000 |
| P. Kelly Tompkins, Chair | 270000 | -0- | -0- | 270000 |

---

FAF-MM- SAI-1