Form 4 for PSUS Pershing Square USA, Ltd.
Accepted 2026-05-01 06:02:40 ET · period of report 2026-04-30 · accession 0001140361-26-018381 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2026-05-01 06:02 | 2026-04-30 | PSUS | ACKMAN WILLIAM A | CEO | P - Purchase | $49.00 | +4.00M | 4.00M | New | +$196.00M |
| MI | 2026-05-01 06:02 | 2026-04-30 | PSUS | ACKMAN WILLIAM A | CEO | P - Purchase | $50.00 | +897.2K | 56.2K | New | +$44.86M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Shares of Beneficial Interest | 2026-04-30 | P | A | 3,500,000 | $50.00 | 3,500,000 | D | — | — | (F1) On April 30, 2026, Pershing Square Inc. ("PS") and the Issuer completed a combined transaction, consisting of (i) an initial public offering and a concurrent private placement of PS common stock and (ii) an initial public offering (the "PSUS IPO") and a concurrent private placement (the "PSUS Private Placement") of the Issuer's Common Shares of Beneficial Interest ("Common Shares"). (F2) Reflects the acquisition of Issuer Common Shares on April 30, 2026 in the PSUS IPO. |
| 2 | Common | Common Shares of Beneficial Interest | 2026-04-30 | P | A | 500,000 | $42.00 | 4,000,000 | D | — | — | (F3) Reflects the acquisition of Issuer Common Shares on April 30, 2026 through open market purchase. |
| 3 | Common | Common Shares of Beneficial Interest | 2026-04-30 | P | A | 841,000 | $50.00 | 841,000 | I See footnotes | — | — | (F1) On April 30, 2026, Pershing Square Inc. ("PS") and the Issuer completed a combined transaction, consisting of (i) an initial public offering and a concurrent private placement of PS common stock and (ii) an initial public offering (the "PSUS IPO") and a concurrent private placement (the "PSUS Private Placement") of the Issuer's Common Shares of Beneficial Interest ("Common Shares"). (F2) Reflects the acquisition of Issuer Common Shares on April 30, 2026 in the PSUS IPO. (F5) Reflects Issuer Common Shares held by a limited liability company that is wholly owned by the Reporting Person's spouse. (F7) The Reporting Person may be deemed to be the beneficial owner of these shares for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934, as amended. The Reporting Person disclaims beneficial ownership of these shares, except to the extent of any pecuniary interest therein. |
| 4 | Common | Common Shares of Beneficial Interest | 2026-04-30 | P | A | 21,200 | $50.00 | 21,200 | I See footnotes | — | — | (F1) On April 30, 2026, Pershing Square Inc. ("PS") and the Issuer completed a combined transaction, consisting of (i) an initial public offering and a concurrent private placement of PS common stock and (ii) an initial public offering (the "PSUS IPO") and a concurrent private placement (the "PSUS Private Placement") of the Issuer's Common Shares of Beneficial Interest ("Common Shares"). (F2) Reflects the acquisition of Issuer Common Shares on April 30, 2026 in the PSUS IPO. (F6) Reflects Issuer Common Shares held by trusts for the benefit of the Reporting Person's family members. (F7) The Reporting Person may be deemed to be the beneficial owner of these shares for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934, as amended. The Reporting Person disclaims beneficial ownership of these shares, except to the extent of any pecuniary interest therein. |
| 5 | Common | Common Shares of Beneficial Interest | 2026-04-30 | P | A | 34,971 | $50.00 | 56,171 | I See footnotes | — | — | (F1) On April 30, 2026, Pershing Square Inc. ("PS") and the Issuer completed a combined transaction, consisting of (i) an initial public offering and a concurrent private placement of PS common stock and (ii) an initial public offering (the "PSUS IPO") and a concurrent private placement (the "PSUS Private Placement") of the Issuer's Common Shares of Beneficial Interest ("Common Shares"). (F4) Reflects the acquisition of Issuer Common Shares on April 30, 2026 in the PSUS Private Placement. (F6) Reflects Issuer Common Shares held by trusts for the benefit of the Reporting Person's family members. (F7) The Reporting Person may be deemed to be the beneficial owner of these shares for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934, as amended. The Reporting Person disclaims beneficial ownership of these shares, except to the extent of any pecuniary interest therein. |