SEC Form 4 · accession 0001213900-26-071225
Powerlaw Corp. · PWRL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Benjamin David Black
Officer — Chief Investment Officer · Director
Period of report
Jun 22, 2026
Accepted (ET)
Jun 23, 2026 · 6:37 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0002052053
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001 per shareF1,F2 | Jun 22, 2026 | P | 6,500 | $15.47 | A | 445,978 | D | |
| Common Stock, par value $0.001 per shareF2 | holding | — | — | — | 57,275 | I | By spouse | |
| Common Stock, par value $0.001 per shareF2 | holding | — | — | — | 57,275 | I | By daughter | |
| Common Stock, par value $0.001 per shareF2,F3 | holding | — | — | — | 637,469 | I | Lucifer Properties I LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The 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.
- F2The 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.
- F3Reflects securities held directly by Lucifer Properties I LLC, which is controlled by reporting person.