Pershing Square director reports 191,183 indirect shares

Q: What does Pershing Square Inc. (PS) director Orion Hindawi report on this Form 3?

He reports indirect ownership of 191,183 shares of Pershing Square Inc. Common Stock. The shares are held by a trust where he is trustee, and he disclaims beneficial ownership except for any pecuniary interest in those shares.

Q: Are there any stock purchases or sales in Orion Hindawi’s Pershing Square (PS) Form 3?

No, this Form 3 reflects a holding entry only, not a trade. It shows 191,183 Common Stock shares indirectly held via a trust, with no reported buy, sell, or option exercise activity in this filing.

Q: How are the 191,183 Pershing Square (PS) shares held that are linked to Orion Hindawi?

The 191,183 Common Stock shares are held directly by a trust. Orion Hindawi is a trustee of that trust, and the filing notes he disclaims beneficial ownership except to the extent of his pecuniary interest in the shares.

Q: What does it mean that Orion Hindawi disclaims beneficial ownership in this Pershing Square (PS) filing?

It means he states he is not the full beneficial owner of the trust’s shares. He acknowledges only any pecuniary interest he may have, even though the 191,183 shares are reported as indirectly held through the trust.

Q: Is Orion Hindawi’s ownership in Pershing Square (PS) direct or indirect?

The Form 3 classifies his interest as indirect ownership. The 191,183 Common Stock shares are held by a trust, not in his personal name, and his role is as a trustee with a limited pecuniary interest described.

Pershing Square Inc. director Orion Hindawi filed an initial statement of ownership showing indirect holdings of 191,183 shares of Common Stock.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

Rhea-AI Filing Summary

Pershing Square Inc. director Orion Hindawi filed an initial statement of ownership showing indirect holdings of 191,183 shares of Common Stock. These shares are held by a trust for which he serves as trustee, and he disclaims beneficial ownership except for any pecuniary interest.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Hindawi Orion

Role Director

Type	Security	Shares	Price	Value
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 191,183 shares (Indirect, See Footnote)

Footnotes (1)

F1. Reflects shares directly held by a trust over which the Reporting Person is a trustee. The Reporting Person disclaims beneficial ownership over the shares reported herein, except to the extent of his pecuniary interest therein.

Key Figures

Indirectly held Common Stock: 191,183 shares

1 metrics

Indirectly held Common Stock 191,183 shares Total shares reported as indirectly held via trust following the filing

Key Terms

disclaims beneficial ownership, pecuniary interest, trustee

3 terms

disclaims beneficial ownership financial

"The Reporting Person disclaims beneficial ownership over the shares reported herein"

pecuniary interest financial

"except to the extent of his pecuniary interest therein"

trustee financial

"shares directly held by a trust over which the Reporting Person is a trustee"

A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does Pershing Square Inc. (PS) director Orion Hindawi report on this Form 3?

He reports indirect ownership of 191,183 shares of Pershing Square Inc. Common Stock. The shares are held by a trust where he is trustee, and he disclaims beneficial ownership except for any pecuniary interest in those shares.

Are there any stock purchases or sales in Orion Hindawi’s Pershing Square (PS) Form 3?

No, this Form 3 reflects a holding entry only, not a trade. It shows 191,183 Common Stock shares indirectly held via a trust, with no reported buy, sell, or option exercise activity in this filing.

How are the 191,183 Pershing Square (PS) shares held that are linked to Orion Hindawi?

The 191,183 Common Stock shares are held directly by a trust. Orion Hindawi is a trustee of that trust, and the filing notes he disclaims beneficial ownership except to the extent of his pecuniary interest in the shares.

What does it mean that Orion Hindawi disclaims beneficial ownership in this Pershing Square (PS) filing?

It means he states he is not the full beneficial owner of the trust’s shares. He acknowledges only any pecuniary interest he may have, even though the 191,183 shares are reported as indirectly held through the trust.

Is Orion Hindawi’s ownership in Pershing Square (PS) direct or indirect?

The Form 3 classifies his interest as indirect ownership. The 191,183 Common Stock shares are held by a trust, not in his personal name, and his role is as a trustee with a limited pecuniary interest described.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/29/2026 - 04:30 PM EDT

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Hindawi Orion

(Last)

(First)

(Middle)

C/O PERSHING SQUARE INC.

787 ELEVENTH AVENUE, 9TH FLOOR

(Street)

NEW YORK

10019

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
04/29/2026

3. Issuer Name and Ticker or Trading Symbol
PERSHING SQUARE INC. [ PS ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	191,183	I	See Footnote⁽¹⁾

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)

Explanation of Responses:

1. Reflects shares directly held by a trust over which the Reporting Person is a trustee. The Reporting Person disclaims beneficial ownership over the shares reported herein, except to the extent of his pecuniary interest therein.

Remarks:

Exhibit 24 - Power of Attorney.

	/s/ Halit Coussin, as Attorney-In-Fact	04/29/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

Source: View Original Filing on SEC EDGAR