PSUS · Insider Trading
Pershing Square USA, Ltd.
Every open-market purchase and sale reported by PSUS officers, directors and 10%+ beneficial owners on SEC Form 4, which must be filed within two business days of the transaction. Sales often reflect scheduled 10b5-1 plans or tax withholding rather than a directional view, so read counts alongside the size and the filer.
| Filed | Insider | Role | Type | Shares | Value |
|---|---|---|---|---|---|
| 2026-10-06 | Ryan Israel | Chief Investment Officer | Buy | +256,613 | +$9.62M |
| 2026-08-20 | Lisa Polsky | Director | Buy | +6,177 | +$243.68K |
| 2026-08-19 | Retirement System Of Texas Teacher | 10%+ Owner | Sell | −6,205 | −$248.57K |
| 2026-08-05 | Retirement System Of Texas Teacher | 10%+ Owner | Sell | −50,000 | −$1.90M |
| 2026-08-05 | Retirement System Of Texas Teacher | 10%+ Owner | Sell | −70,000 | −$2.67M |
| 2026-06-17 | Bruce Herring | Director | Buy | +5,000 | +$201.25K |
| 2026-05-04 | Bruce Herring | Director | Buy | +10,000 | +$434.14K |
| 2026-05-04 | Pershing Square Partner Group LLC | Director | MIXED | +18,630,720 | +$931.54M |
| 2026-05-01 | Nicholas Anthony Botta | Director | Buy | +250,000 | +$12.50M |
| 2026-05-01 | Jessica A Falzone | Secretary | Buy | +2,000 | +$100.00K |
| 2026-05-01 | Michael Gonnella | Chief Financial Officer | Buy | +100,000 | +$5.00M |
| 2026-05-01 | Halit Coussin | Chief Compliance Officer | Buy | +200,000 | +$10.00M |
| 2026-05-01 | Ryan Israel | Chief Investment Officer | Buy | +500,000 | +$25.00M |
| 2026-05-01 | Ben Hakim | President | Buy | +350,000 | +$17.50M |
| 2026-05-01 | William A Ackman | Chief Executive Officer | Buy | +4,897,171 | +$240.86M |
| Insider | Role | Shares Held | Value |
|---|---|---|---|
| Retirement System Of Texas Teacher | 10%+ Owner | 10,143,795 | $380.90M |
| William A Ackman | Chief Executive Officer | 4,841,000 | $181.78M |
| Ryan Israel | Chief Investment Officer | 756,613 | $28.41M |
| Pershing Square Partner Group LLC | Director | 342,320 | $12.85M |
| Nicholas Anthony Botta | Director | 250,000 | $9.39M |
| Halit Coussin | Chief Compliance Officer | 200,000 | $7.51M |
| Ben Hakim | President | 100,000 | $3.75M |
| Michael Gonnella | Chief Financial Officer | 100,000 | $3.75M |
| Bruce Herring | Director | 15,000 | $563.25K |
| Lisa Polsky | Director | 6,177 | $231.95K |
| Jessica A Falzone | Secretary | 2,000 | $75.10K |
Form 4 reports a change in beneficial ownership by an officer, director or 10%+ holder, and must be filed within two business days of the transaction — so this is close to real time, unlike the 45-day-lagged 13F institutional data.
Transaction codes matter more than the raw buy/sell count. Code P is an open-market purchase — an insider choosing to buy with their own money, which is the signal most research treats as informative. Code S is a sale, but sales are frequently pre-scheduled under a 10b5-1 plan or cover tax withholding on vesting equity, so a run of sales often says nothing directional. Codes A and M are grants and option exercises rather than open-market decisions.
Full filing history and per-insider positions are on the PSUS quote page; the site-wide leaderboard is on the insider transactions hub.
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.