 $311 Million from Their Own Team: Bill Ackman and Pershing Square USA Top Management Buy Shares Analysis of insider purchases from April 30 to May 1. Key event of the week — Pershing Square USA (PSUS) Bill Ackman's entire team collectively bought $311 million: • Ackman himself (CEO) — $240.8 million at $49.18 • CIO Ryan Israel — $25 million at $50 • President Ben Hakim — $17.5 million at $50 • Trustee Nicholas Botta — $12.5 million at $50 • CCO Halit Kussen — $10 million at $50 • CFO Michael Gonella — $5 million at $50 When the entire C-level team invests their own money — it's not a "bonus program," it's personal confidence. PSUS is Ackman's holding company, trading at a discount to NAV. Purchases at $50 by those who know the business inside out — the strongest bullish signal. Other interesting purchases: • Avalyn Pharma (AVLN) — fund Sr One Capital + director Jill Carroll bought $15 million at $18. Inhalation drugs — a niche with high entry barriers. • Ceco Environmental (CECO) — director bought $1.1 million at $73.43. Environmental sector. • S&P Global (SPGI) — CEO Martina Cheung added $1 million at $429. The most expensive ticker in the selection — and the CEO herself is buying. • Sunation Energy (SUNE) — CEO and CFO bought $1.2 million at $1.77. Energy, micro-cap with potential. • Textron (TXT) — director bought $988k at $95.98. Defense. • GE Healthcare (GEHC) — CFO bought $200k at $60.60. Conclusion: The abnormal volume of purchases in PSUS outweighs everything else. When Ackman's team invests $311 million of their own money — the market should take notice. What do you think? Is anyone following PSUS? #insiders #investments #stocks #PershingSquare #BillAckman