Ackman William A's Form 4 filing
Howard Hughes Holdings Inc. (HHH) · filed Aug 22, 2023
- Accession no.
- 0000899243-23-018347
- Filed
- Aug 22, 2023, 5:37 PM ET
- Trade date
- Aug 16-18, 2023
- Filing delay
- 6 daysLate
- Rule 10b5-1 plan
- Checked
This filing lists 3 non-derivative transactions. Open-market purchases total $1.22M. It was filed 6 days after the trade, past the 2-business-day deadline.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Ackman William ACIK 0001056513 | Director, 10% Owner |
| PSCM GP, LLCCIK 0001336477 | Director, 10% Owner |
| Pershing Square Capital Management, L.P.CIK 0001336528 | Director, 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 16, 2023 | Common stock, par value $0.01 per share | PPurchaseAcquired | +899 | $74.96F4 | +$67,389.04 | 16,571,127 | Indirect | |
| Aug 17, 2023 | Common stock, par value $0.01 per share | PPurchaseAcquired | +14,264 | $74.79F4 | +$1,066,804.56 | 16,585,391 | Indirect | |
| Aug 18, 2023 | Common stock, par value $0.01 per share | PPurchaseAcquired | +1,200 | $74.87F4 | +$89,844 | 16,586,591 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F4
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 further detailed in the Plan set out in the Schedule 13D/A of the Reporting Persons dated December 5, 2022 as filed December 7, 2022.
Referenced by the price of 3 transactions in Table I.
Remarks
On August 11, 2023, the Issuer, Howard Hughes Holdings Inc., became the successor to The Howard Hughes Corporation ("HHC") pursuant to a merger whereby each outstanding share of HHC's common stock, par value $0.01 per share, was automatically converted into one share of common stock, par value $0.01 per share, of the Issuer, as more fully described in the Form 8-K filed by HHC on August 11, 2023. This Form 4 relates solely to transactions after August 11, 2023 that were previously reported, in a timely manner, on August 18, 2023, but incorrectly filed under HHC's EDGAR central index key ("CIK"). This Form 4 is being filed under the Issuer's CIK to correct for this error.