SEC Form 4 · accession 0001140361-26-033760
PERSHING SQUARE INC. · PS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
William A Ackman
Officer — CEO & Chairman · Director · 10% Owner
WAA Management LLC
10% Owner
Period of report
Aug 17, 2026
Accepted (ET)
Aug 19, 2026 · 5:13 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0002026053
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF3 | Aug 17, 2026 | G | 10,000,000 | $0.00 | D | 66,825,763 | I | See footnote |
| Common Stock | holding | — | — | — | 1,500,000 | D | ||
| Common StockF4 | holding | — | — | — | 16,000,000 | I | See footnote | |
| Common StockF5,F7 | holding | — | — | — | 168,200 | I | See footnotes | |
| Common StockF6,F7 | holding | — | — | — | 314,729 | I | See footnotes |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects a bona fide gift by the Reporting Person for no consideration to The Ackman Oxman Institute ("AOI"), a charitable foundation of which the Reporting Person and his spouse serve as directors and whose shares over which the Reporting Person and his spouse share voting and investment power, which will continue to be reported on the Reporting Person's Section 13 filings. The gift is intended to support the long-term operations and charitable activities of AOI.
- F2As required by the lock-up agreement between the Reporting Person and the representatives of the underwriters in connection with the initial public offering of Issuer common stock, AOI agreed in writing to be bound by the same restrictions set forth therein. The transfer restrictions under the Issuer's Articles of Incorporation were released with respect to, and no longer apply to, these gifted shares. The Reporting Person does not have any pecuniary interest in, and disclaims beneficial ownership of, shares of Issuer common stock held by AOI for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934, as amended (the "Exchange Act").
- F3Reflects shares directly held by WAA Management LLC, of which the Reporting Person is the sole manager.
- F4Reflects shares directly held by a grantor retained annuity trust, of which the Reporting Person is the trustee.
- F5Reflects shares directly held by a limited liability company that is wholly owned by the Reporting Person's spouse.
- F6Reflects shares directly held by trusts for the benefit of, or whose beneficiaries include, the Reporting Person's family members.
- F7The Reporting Person may be deemed to be the beneficial owner of these shares for purposes of Rule 16a-1(a) under the Exchange Act. The Reporting Person disclaims beneficial ownership of these shares, except to the extent of any pecuniary interest therein.