Filing Details

Accession Number:
0000950170-23-062123
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-11-09 16:26:59
Reporting Period:
2023-11-07
Accepted Time:
2023-11-09 16:26:59
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 2023-11-07 64,000 $72.54 17,864,655 No 4 P Indirect See footnotes
Common Stock, Par Value $0.01 Per Share Acquisiton 2023-11-08 63,594 $73.21 17,928,249 No 4 P Indirect See footnotes
Common Stock, Par Value $0.01 Per Share Acquisiton 2023-11-09 62,654 $70.94 17,990,903 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
  1. 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.
  2. 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").
  3. 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").
  4. 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.
  5. 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.