Transaction · 0001140361-26-018962
PSUSPershing Square USA, Ltd.
Pershing Square Management, LLC
Pershing Square Management, LLC, DIR, reported a transaction classified as grant at Pershing Square USA, Ltd. involving 3657680.000000 shares for an estimated $182884000.00. Reported holdings after the transaction were 4000000.000000 shares. A 10b5-1 reference was not detected in the stored filing text.
grantSEC transaction code ADIR
- Trade date
- Apr 30, 2026
- Filing date
- May 05, 2026
How reported position traded is calculated
Calculated only for code-P purchases and code-S sales.
Row-level estimate for this security and ownership context, not the insider’s complete portfolio. Joint ownership, other transactions in the filing, amendments and footnotes can affect interpretation.
PSUS price since this filing
Daily closing prices, with the filing date and available return windowsPSUS · Daily closing priceLoading daily prices…
Filing dateReturn windows appear as prices become available.
Pre-filing1mo ago1w ago1d ago -4.4%
Returns since7d30d -7.9%90d -10.5%180d1y
Transaction facts
Stored Form 4 columns with their raw values
- Type
- grant Code A
- Identifier
- 0001140361-26-018962 Common Shares of Beneficial Interest
- Transaction date
- Apr 30, 2026 Filed May 05, 2026, 01:05 AM · 5d delay
- Shares
- 3,657,680 sh $50.00 per share
- Estimated value
- $182M Computed from shares × price
- Holdings after
- 4,000,000 sh Indirect · See footnotes
Filing signal explanations
Badges describe filing facts only — not predictions.
Cluster 14dRepeat 30dPattern $100kLarge $1.00M
Large Holdings Increase
Filing-only score
-22 points
Compact filing score computed from stored Form 4 facts. Version v1.
Low filing signal
This filing has a meaningfully negative filing-only score. It is likely less useful as a positive insider-activity signal.
How this score is calculated
- grant_or_award-22 points
transaction_code = A
Grant or award transactions are scheduled compensation, not discretionary.
Signed filing-only points, not a probability or expected return. Version v1.
Reported relationships & other filings
Form 4 relationship flags and nearby filing context
Reported roles
No officer title
Officer NoDirector Yes10% YesOther Yes
Footnotes & amended
- F1
In addition to Pershing Square Management, LLC, a Delaware limited liability company ("ManagementCo"), this Form 4 is being filed jointly by Pershing Square Inc., a Nevada corporation ("PS Inc."), Per…
- F2
ManagementCo holds majority voting power over PS Inc.'s shares (including in its capacity as the managing member of PSPG). PS Inc. holds 100% of the interests in PSUS Holdings. ManagementCo, PSPG and…
- F3
(Continued from Footnote 2) Mr. Ackman owns 24.9% of the voting interests of ManagementCo, with Mr. Israel, Mr. Hakim, Mr. Gonnella, Mr. Massaro and Ms. Coussin each owning the remainder of the voting…
- F4
On April 30, 2026, PS Inc. and the Issuer completed a combined transaction, consisting of (i) an initial public offering and a concurrent private placement of PS Inc. common stock and (ii) an initial…
- F5
Reflects the acquisition of Issuer Common Shares and the immediate resale of such Issuer Common Shares (the "Resale Shares") by PS Inc. on April 30, 2026 in connection with the completion of the combi…
- F6
Reflects the acquisition of Issuer Common Shares by PSUS Holdings on April 30, 2026, in connection with the completion of the PSUS Private Placement.
- F7
Reflects the issuance of the Issuer's 7.50% Series A Cumulative Preferred Shares ("Preferred Shares") to PSUS Holdings on April 30, 2026, in connection with the completion of the combined transaction.…
Related transactions
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Recent company activity
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