Filing Details
- Accession Number:
- 0000950170-23-056034
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-10-27 16:44:05
- Reporting Period:
- 2023-10-25
- Accepted Time:
- 2023-10-27 16:44:05
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1981792 | Howard Hughes Holdings Inc. | HHH | () | 1231 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1056513 | A William Ackman | 787 Eleventh Avenue 9Th Floor New York NY 10019 | No | No | No | No | |
1336477 | Ps Management Gp, Llc | 787 Eleventh Avenue 9Th Floor New York NY 10019 | No | No | No | No | |
1336528 | Pershing Square Capital Management, L.p. | 787 Eleventh Avenue 9Th Floor New York NY 10019 | No | No | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock, Par Value $0.01 Per Share | Acquisiton | 2023-10-25 | 24,946 | $66.94 | 17,495,112 | No | 4 | P | Indirect | See footnotes |
Common Stock, Par Value $0.01 Per Share | Acquisiton | 2023-10-26 | 59,200 | $67.35 | 17,554,312 | No | 4 | P | Indirect | See footnotes |
Common Stock, Par Value $0.01 Per Share | Acquisiton | 2023-10-27 | 31,924 | $65.95 | 17,586,236 | No | 4 | P | Indirect | See footnotes |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | See footnotes |
No | 4 | P | Indirect | See footnotes |
No | 4 | P | Indirect | See footnotes |
Footnotes
- This Form 4 is being filed as a result of purchases in compliance with Rule 10b-18 and Rule 10b5-1 under the Securities Exchange Act of 1934 (the "Plan"). Purchases are conducted and allocated among the Pershing Square Funds (as defined below) as further detailed in the Plan set out in the Schedule 13D/A of the Reporting Persons (as defined below) dated December 5, 2022 as filed December 7, 2022.
- In addition to Pershing Square Capital Management, L.P., a Delaware limited partnership ("Pershing Square"), this Form 4 is being filed jointly by PS Management GP, LLC, a Delaware limited liability company ("PS Management"), and William A. Ackman, a citizen of the United States of America (collectively, the "Reporting Persons"), each of whom has the same business address as Pershing Square and may be deemed to have a pecuniary interest in securities reported on this Form 4 (the "Subject Securities").
- Pershing Square advises the accounts of Pershing Square, L.P., a Delaware limited partnership ("PS"), Pershing Square International, Ltd., a Cayman Islands exempted company ("PS International"), and Pershing Square Holdings, Ltd., a limited liability company incorporated in Guernsey ("PSH" and together with PS and PS International, the "Pershing Square Funds").
- Pershing Square, as the investment adviser to the Pershing Square Funds, may be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934. As the general partner of Pershing Square, PS Management may be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a). By virtue of Mr. Ackman's position as Chief Executive Officer of Pershing Square and managing member of PS Management, Mr. Ackman may be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a). Each of the Reporting Persons disclaims any beneficial ownership of any of the Subject Securities, except to the extent of any pecuniary interest therein.
- Mr. Ackman, a member of the board of directors of the Issuer of the Subject Securities, was elected to that board as a representative of Pershing Square, PS Management, the Pershing Square Funds and Pershing Square GP, LLC. As a result, each of those entities are directors by deputization for purposes of Section 16 of the Securities Exchange Act of 1934.