PSUS · Pershing Square USA, Ltd. · Insider Trading

$37.42 -0.32 (-0.85%) At close · Oct 7

Volume · Oct 7 273.54K Avg daily vol (3M) 346.14K

Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.

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Insider Sentiment Score

Peer-relative 0–100 rank of how aggressively insiders accumulated over the trailing 90 days. See the full ranking.

Net buyers

Net shares bought

—

Net buy value

+$9,858,898

Date	Insider	Role	Type	Security	Shares	Price	Value	After
2026-10-06	ISRAEL RYAN	Director, Chief Investment Officer	Buy↑ Filing footnotes — Common Shares of Beneficial Interest (Direct) The price reported in Column 4 is a weighted average price. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this Form 4. Reflects the acquisition of the Issuer's Common Shares of Beneficial Interest through multiple open market transactions at prices ranging from $37.50 to $38.15, inclusive.	Common Shares of Beneficial Interest	57,659	$37.87	$2,183,760	756,613
2026-10-05	ISRAEL RYAN	Director, Chief Investment Officer	Buy↑ Filing footnotes — Common Shares of Beneficial Interest (Direct) The price reported in Column 4 is a weighted average price. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this Form 4. Reflects the acquisition of the Issuer's Common Shares of Beneficial Interest through multiple open market transactions at prices ranging from $37.115 to $37.70, inclusive.	Common Shares of Beneficial Interest	120,816	$37.45	$4,524,003	698,954
2026-10-02	ISRAEL RYAN	Director, Chief Investment Officer	Buy↑ Filing footnotes — Common Shares of Beneficial Interest (Direct) Reflects the acquisition of the Issuer's Common Shares of Beneficial Interest through multiple open market transactions at prices ranging from $37.035 to $37.35, inclusive. The price reported in Column 4 is a weighted average price. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this Form 4.	Common Shares of Beneficial Interest	78,138	$37.21	$2,907,452	578,138
2026-08-18	POLSKY LISA	Director	Buy↑ Filing footnotes — Common Shares of Beneficial Interest (Direct) Reflects the acquisition of the Issuer's Common Shares of Beneficial Interest through open market purchase.	Common Shares of Beneficial Interest	6,177	$39.45	$243,683	6,177
2026-08-17	TEACHER RETIREMENT SYSTEM OF TEXAS	Insider	Sell↓	Common Stock	6,205	$40.06	$248,572	10,143,795
2026-08-04	TEACHER RETIREMENT SYSTEM OF TEXAS	Insider	Sell↓	Common Stock	25,000	$38.04	$951,000	10,175,000
2026-08-04	TEACHER RETIREMENT SYSTEM OF TEXAS	Insider	Sell↓	Common Stock	25,000	$38.10	$952,500	10,150,000
2026-08-03	TEACHER RETIREMENT SYSTEM OF TEXAS	Insider	Sell↓	Common Stock	25,000	$38.11	$952,750	10,245,000
2026-08-03	TEACHER RETIREMENT SYSTEM OF TEXAS	Insider	Sell↓	Common Stock	25,000	$38.19	$954,750	10,220,000
2026-08-03	TEACHER RETIREMENT SYSTEM OF TEXAS	Insider	Sell↓	Common Stock	20,000	$38.13	$762,600	10,200,000
2026-06-17	Herring Bruce	Director	Buy↑ Filing footnotes — Common Shares of Beneficial Interest (Direct) Reflects the acquisition of the Issuer's Common Shares of Beneficial Interest through open market purchase.	Common Shares of Beneficial Interest	5,000	$40.25	$201,250	15,000
2026-04-30	ISRAEL RYAN	Director, Chief Investment Officer	Buy↑ Filing footnotes — Common Shares of Beneficial Interest (Direct) 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 of the Issuer's Common Shares of Beneficial Interest ("Common Shares"). Reflects the acquisition of Issuer Common Shares on April 30, 2026 in the PSUS IPO.	Common Shares of Beneficial Interest	500,000	$50.00	$25,000,000	500,000
2026-04-30	Coussin Halit	Chief Compliance Officer	Buy↑ Filing footnotes — Common Shares of Beneficial Interest (Direct) 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 of the Issuer's Common Shares of Beneficial Interest ("Common Shares"). Reflects the acquisition of Issuer Common Shares on April 30, 2026 in the PSUS IPO.	Common Shares of Beneficial Interest	200,000	$50.00	$10,000,000	200,000
2026-04-30	Botta Nicholas Anthony	Director	Buy↑ Filing footnotes — Common Shares of Beneficial Interest (Direct) 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 of the Issuer's Common Shares of Beneficial Interest ("Common Shares"). Reflects the acquisition of Issuer Common Shares on April 30, 2026 in the PSUS IPO.	Common Shares of Beneficial Interest	250,000	$50.00	$12,500,000	250,000
2026-04-30	ACKMAN WILLIAM A	Chief Executive Officer	Buy↑ Filing footnotes — Common Shares of Beneficial Interest (Indirect) 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"). Reflects the acquisition of Issuer Common Shares on April 30, 2026 in the PSUS IPO. Reflects Issuer Common Shares held by trusts for the benefit of the Reporting Person's family members. 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.	Common Shares of Beneficial Interest (I)	21,200	$50.00	$1,060,000	21,200
2026-04-30	Herring Bruce	Director	Buy↑ Filing footnotes — Common Shares of Beneficial Interest (Direct) Reflects the acquisition of the Issuer's Common Shares of Beneficial Interest through multiple open market transactions at prices ranging from $43.30 to $43.45, inclusive. The price reported in Column 4 is a weighted average price. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.	Common Shares of Beneficial Interest	10,000	$43.41	$434,140	10,000
2026-04-30	Hakim Ben	Director	Buy↑ Filing footnotes — Common Shares of Beneficial Interest (Direct) 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"). Reflects the acquisition of Issuer Common Shares on April 30, 2026 in the PSUS IPO.	Common Shares of Beneficial Interest	100,000	$50.00	$5,000,000	100,000
2026-04-30	ACKMAN WILLIAM A	Chief Executive Officer	Buy↑ Filing footnotes — Common Shares of Beneficial Interest (Direct) Reflects the acquisition of Issuer Common Shares on April 30, 2026 through open market purchase.	Common Shares of Beneficial Interest	500,000	$42.00	$21,000,000	4,000,000
2026-04-30	ACKMAN WILLIAM A	Chief Executive Officer	Buy↑ Filing footnotes — Common Shares of Beneficial Interest (Direct) 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"). Reflects the acquisition of Issuer Common Shares on April 30, 2026 in the PSUS IPO.	Common Shares of Beneficial Interest	3,500,000	$50.00	$175,000,000	3,500,000
2026-04-30	ACKMAN WILLIAM A	Chief Executive Officer	Buy↑ Filing footnotes — Common Shares of Beneficial Interest (Indirect) 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"). Reflects the acquisition of Issuer Common Shares on April 30, 2026 in the PSUS IPO. Reflects Issuer Common Shares held by a limited liability company that is wholly owned by the Reporting Person's spouse. 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.	Common Shares of Beneficial Interest (I)	841,000	$50.00	$42,050,000	841,000
2026-04-30	Falzone Jessica A	Secretary	Buy↑ Filing footnotes — Common Shares of Beneficial Interest (Direct) 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 and a concurrent private placement (the "PSUS Private Placement") of the Issuer's Common Shares of Beneficial Interest ("Common Shares"). Reflects the acquisition of Issuer Common Shares on April 30, 2026 in the PSUS Private Placement.	Common Shares of Beneficial Interest	2,000	$50.00	$100,000	2,000
2026-04-30	Hakim Ben	Director	Buy↑ Filing footnotes — Common Shares of Beneficial Interest (Direct) 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"). Reflects the acquisition of Issuer Common Shares on April 30, 2026 in the PSUS Private Placement.	Common Shares of Beneficial Interest	250,000	$50.00	$12,500,000	350,000
2026-04-30	ACKMAN WILLIAM A	Chief Executive Officer	Buy↑ Filing footnotes — Common Shares of Beneficial Interest (Indirect) 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"). Reflects the acquisition of Issuer Common Shares on April 30, 2026 in the PSUS Private Placement. Reflects Issuer Common Shares held by trusts for the benefit of the Reporting Person's family members. 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.	Common Shares of Beneficial Interest (I)	34,971	$50.00	$1,748,550	56,171
2026-04-30	Gonnella Michael	Chief Financial Officer	Buy↑ Filing footnotes — Common Shares of Beneficial Interest (Direct) 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 of the Issuer's Common Shares of Beneficial Interest ("Common Shares"). Reflects the acquisition of Issuer Common Shares on April 30, 2026 in the PSUS IPO.	Common Shares of Beneficial Interest	100,000	$50.00	$5,000,000	100,000

Legend Buy — open-market purchase Sell — open-market sale ↑ Shares acquired ↓ Shares disposed (gift, conversion, tax…)

Showing 1–24 of 24 transactions

Key facts CIK 2002660 CUSIP 71531T105 13F (30d) 2 filings 2 filers Visit website