Pershing Square USA (PSUS) Trustee Bruce Herring Buys 5,000 Shares

What Happened

• Bruce Herring, a director and trustee of Pershing Square USA, purchased 5,000 common shares in an open-market transaction on June 17, 2026.
• The shares were bought at $40.25 per share for a total cost of $201,250. This was a purchase (P) rather than a sale.

Key Details

• Transaction date and price: 2026-06-17 — 5,000 shares at $40.25 each.
• Total value: $201,250.
• Shares owned after transaction: Not disclosed in the filing.
• Footnote: F1 states the shares were acquired through an open market purchase.
• Filing timeliness: Reported on 2026-06-17 (same day as the transaction); no late filing indicated.

Context

• Open-market purchases by insiders are often watched by retail investors as a more direct signal of confidence than routine sales, but filings do not state motives.
• This report reflects a straightforward buy (code P); there are no options exercises, gifts, or tax-withholding items in this filing.