Form 4 for PS PERSHING SQUARE INC.

Accepted 2026-05-04 16:31:09 ET · period of report 2026-04-30 · accession 0001140361-26-018882 · 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
MI	2026-05-04 16:31	2026-04-30	PS	Coppel Calvo David	Dir	A - Grant	—	+900.0K	450.0K	New	—

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 Stock	2026-04-30	A	A	450,000	—	3,126,557	I See Footnotes	—	—	(F1) On April 30, 2026, the Issuer and Pershing Square USA, Ltd. ("PSUS") completed a combined transaction, consisting of (i) an initial public offering (the "PS IPO") and a concurrent private placement (the "PS Private Placement") of Issuer common stock and (ii) an initial public offering (the "PSUS IPO") and a concurrent private placement (the "PSUS Private Placement" and together with the PS Private Placement, the "combined private placement") of PSUS's common shares of beneficial interest ("PSUS Common Shares"). (F2) Reflects the acquisition of Issuer common stock in connection with the combined private placement. In connection with the PS Private Placement, each initial investor acquired 1.5 shares of Issuer common stock for no additional consideration for every 5 PSUS Common Shares that the investor purchased in the PSUS Private Placement. (F2) Reflects the acquisition of Issuer common stock in connection with the combined private placement. In connection with the PS Private Placement, each initial investor acquired 1.5 shares of Issuer common stock for no additional consideration for every 5 PSUS Common Shares that the investor purchased in the PSUS Private Placement. (F3) Reflects shares directly held by Pacat LP, where the Reporting Person has voting and dispositive power over the shares held by Pacat LP. (F5) The Reporting Person disclaims beneficial ownership over the shares reported herein, except to the extent of his pecuniary interest therein.
2	Common	Common Stock	2026-04-30	A	A	450,000	—	450,000	I See Footnotes	—	—	(F1) On April 30, 2026, the Issuer and Pershing Square USA, Ltd. ("PSUS") completed a combined transaction, consisting of (i) an initial public offering (the "PS IPO") and a concurrent private placement (the "PS Private Placement") of Issuer common stock and (ii) an initial public offering (the "PSUS IPO") and a concurrent private placement (the "PSUS Private Placement" and together with the PS Private Placement, the "combined private placement") of PSUS's common shares of beneficial interest ("PSUS Common Shares"). (F2) Reflects the acquisition of Issuer common stock in connection with the combined private placement. In connection with the PS Private Placement, each initial investor acquired 1.5 shares of Issuer common stock for no additional consideration for every 5 PSUS Common Shares that the investor purchased in the PSUS Private Placement. (F2) Reflects the acquisition of Issuer common stock in connection with the combined private placement. In connection with the PS Private Placement, each initial investor acquired 1.5 shares of Issuer common stock for no additional consideration for every 5 PSUS Common Shares that the investor purchased in the PSUS Private Placement. (F4) Reflects shares directly held by Crecer C LP, where the Reporting Person may be deemed to have shared voting and dispositive power over the shares held by Crecer C LP. (F5) The Reporting Person disclaims beneficial ownership over the shares reported herein, except to the extent of his pecuniary interest therein.