Powerlaw CEO buys 15,668 PWRL shares via trust
Powerlaw Corp. Chief Executive Officer and director Michael John Dinsdale reported indirect open-market purchases of the company’s common stock through a family trust.
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Form Type
4
Rhea-AI Filing Summary
Powerlaw Corp. Chief Executive Officer and director Michael John Dinsdale reported indirect open-market purchases of the company’s common stock through a family trust. The Michael John Dinsdale 2015 Trust bought 12,727 shares on June 22, 2026 at a weighted average price of $15.473 per share and 2,941 shares on June 18, 2026 at $16.855 per share. After these transactions, the trust holds 686,504 shares, while a related entity, Orions Belt 1 LLC, is reported as holding 572,749 shares indirectly beneficially owned by Dinsdale.
Insider Trade Summary
Net Buyer: 15,668 shares
Net Buy
3 txns
Insider
Dinsdale Mike John
Role
Chief Executive Officer
Bought
15,668 shs ($246K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.001 per share | 12,727 | $15.473 | $197K |
| Purchase | Common Stock, par value $0.001 per share | 2,941 | $16.855 | $50K |
| holding | Common Stock, par value $0.001 per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.001 per share — 686,504 shares (Indirect, By Michael John Dinsdale 2015 Trust);
Common Stock, par value $0.001 per share — 572,749 shares (Indirect, By Orions Belt 1 LLC)
Footnotes (3)
- F1. Reflects securities held directly by Michael John Dinsdale 2015 Trust, for which the Reporting Person is beneficiary and trustee.
- F2. The price reported in Column 4 is a weighted average price. These shares were bought in multiple transactions at prices ranging from $15.385 to $15.540, 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.
- F3. Reflects securities held directly by Orions Belt 1 LLC, for which the Reporting Person is the beneficial owner.
Key Figures
Shares purchased on June 22, 2026: 12,727 shares at $15.473
Shares purchased on June 18, 2026: 2,941 shares at $16.855
Total shares bought in reported trades: 15,668 shares
+2 more
5 metrics
Shares purchased on June 22, 2026
12,727 shares at $15.473
Open-market purchase by Michael John Dinsdale 2015 Trust
Shares purchased on June 18, 2026
2,941 shares at $16.855
Open-market purchase by Michael John Dinsdale 2015 Trust
Total shares bought in reported trades
15,668 shares
Net buy across two open-market transactions
Trust holdings after transactions
686,504 shares
Common stock held by Michael John Dinsdale 2015 Trust
LLC indirect holdings reported
572,749 shares
Common stock held by Orions Belt 1 LLC
Key Terms
open-market purchase, weighted average price, beneficial owner, indirect, +1 more
5 terms
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
beneficial owner financial
"for which the Reporting Person is the beneficial owner."
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
indirect financial
""ownership_type": "indirect""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Powerlaw Corp. (PWRL) report in this Form 4?
Powerlaw Corp. reported that CEO Michael John Dinsdale, through his 2015 Trust, made two open-market purchases totaling 15,668 common shares. The filing also lists existing indirect holdings through Orions Belt 1 LLC, providing a snapshot of his current indirect ownership position.
What are Michael John Dinsdale’s indirect Powerlaw Corp. (PWRL) holdings after these trades?
After the reported transactions, the Michael John Dinsdale 2015 Trust holds 686,504 common shares of Powerlaw Corp. In addition, Orions Belt 1 LLC is shown as holding 572,749 common shares that the filing describes as indirectly beneficially owned by Dinsdale.
Were the recent Powerlaw Corp. (PWRL) insider transactions open-market purchases?
Yes. The filing labels both reportable trades as open-market purchases under transaction code “P.” These are non-derivative transactions in common stock, meaning the trust bought shares directly in the market rather than through options, warrants, or other derivative instruments.
What does the weighted average price disclosure mean in the Powerlaw Corp. (PWRL) Form 4?
The filing explains that the $15.473 price is a weighted average of multiple trades executed between $15.385 and $15.540. The reporting person offers to provide exact share counts at each price level to the company, shareholders, or SEC staff upon request.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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