Benjamin David Black - 22 Jun 2026 Form 4 Insider Report for Powerlaw Corp. (PWRL)

Reporting relationship: Chief Investment Officer, Director
Issuer ticker: PWRL
Reported as of: 22 Jun 2026
Net transaction value: +$100,555
SEC form: 4
Accepted by SEC: 23 Jun 2026, 18:37:31 UTC
Prior SEC filing: 30 Sep 2025
Source filing: View source filing
Reporting owner signature: /s/ Benjamin David Black

Key filing fact

Benjamin David Black filed Form 4 for Powerlaw Corp. (PWRL) on 23 Jun 2026.

Key facts

This page summarizes Benjamin David Black's Form 4 filing for Powerlaw Corp. (PWRL).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 23 Jun 2026, 18:37.

Change

Previous filing in this sequence was filed on 30 Sep 2025.
Current net transaction value: +$100,555.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0002089538 Primary reporting owner

Black Benjamin David

Relationship: Chief Investment Officer, Director
Address: C/O POWERLAW CORP., 631 FOLSOM STREET,, SUITE A & B, SAN FRANCISCO
Signature: /s/ Benjamin David Black
Signature date: 23 Jun 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PWRL transaction

Common Stock, par value $0.001 per share

Purchase

Transaction value: $100,555
Shares: +6,500
Change %: +1.5%
Price: $15.47
Shares after: 445,978
Date: 22 Jun 2026
Ownership: Direct
Footnotes: F1, F2

PWRL holding

Common Stock, par value $0.001 per share

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 57,275
Date: 22 Jun 2026
Ownership: By spouse
Footnotes: F2

PWRL holding

Common Stock, par value $0.001 per share

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 57,275
Date: 22 Jun 2026
Ownership: By daughter
Footnotes: F2

PWRL holding

Common Stock, par value $0.001 per share

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 637,469
Date: 22 Jun 2026
Ownership: Lucifer Properties I LLC
Footnotes: F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

The price reported in Column 4 is a weighted average price. These shares were bought in multiple transactions at prices ranging from $15.10 to $15.60, inclusive. The reporting person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased as each separate price within the ranges set forth in this footnote.

Footnote F2

The number of shares reported reflects the 12-for-1 reverse stock split of common stock of Powerlaw Corp., effective December 23, 2025. The holdings were previously reported (prior to the transaction covered by this form) as 5,273,735 shares held directly, 687,299 shares held indirectly (by spouse), 687,299 shares held indirectly (by daughter) and 7,649,624 shares held indirectly through Lucifer Properties I LLC.

Footnote F3

Reflects securities held directly by Lucifer Properties I LLC, which is controlled by reporting person.