Issued 2026-09-16 at $12.75 · now $12.75 (2026-09-16, +0.0% since)
Based on its own history, a month from the 2026-09-16 close, PWP has typically landed between $10.38 and $15.53 — a range of −18.6% to +21.8% from the issuance price $12.75.
- Actual close
- Typical path (median)
- Middle 50% of outcomes
- 90% range
1,439 overlapping 1 month windows · 2020-11-20 – 2026-08-17 · basis climatology · forecast (batch). Probability up 53.9% (90% CI 51.7–56.1%, ≈1,408 obs).
The cone is anchored at the 2026-09-16 issuance close ($12.75) — the price the forecast resolves against on 2026-10-15, not the latest close. The drawn path shape is illustrative (bands widen with √t); every labeled number is real — the anchor, the scored batch p90/IQR endpoints, and the typical move.
Where PWP has typically landed a month from the 2026-09-16 close of $12.75 — the range is history, not a prediction.
- now $12.75 (+0.0%)
- typicalThe typical outcome — half of similar past periods did better and half did worse (not an average, so a few wild periods don't skew it). $12.79 (+0.3%)
- middle 50%The central range of outcomes — half of similar past periods landed inside it, a quarter finished above, a quarter below. $11.66–$13.92
- 90% rangeA nine-in-ten range — in about nine of every ten similar past periods the outcome stayed within these bounds. $10.38–$15.53
| Start | Return | Max drop | Max rise |
|---|---|---|---|
| 3 worst | |||
| 2026-02-10 | −32.8% | −32.8% | +0.0% |
| 2026-02-11 | −31.9% | −32.2% | +0.0% |
| 2026-02-09 | −30.8% | −31.0% | +0.0% |
| 3 best | |||
| 2022-07-11 | +43.1% | +0.0% | +45.4% |
| 2022-10-25 | +41.5% | +0.0% | +41.5% |
| 2022-07-14 | +40.4% | +0.0% | +42.1% |
1,439 overlapping windows · 2020-11-20 – 2026-09-16 · not cherry-picked
Seasonality · by month iHow this security has tended to do in each calendar month historically — a frequency, never a prediction.
iFor each calendar month, the share of years this security closed higher than the month before, and the average month-over-month return, over ~6 years of its own price history. Cells are shaded by average return. This is historical frequency, not a prediction — no month is a signal.Up-frequency and average month-over-month return · historical frequency, not a prediction
Reported insider & political trades
Every Form 4 the people closest to this company have filed with the SEC — plotted against the share price, aggregated by month, and shown with the gap between when each trade happened and when it was disclosed. A public record, not advice.
| Date | Person | Role | Action | Shares @ price | Value | Ownership Δ | vs S&P 1m | vs S&P 6m | Owned after | Filing |
|---|---|---|---|---|---|---|---|---|---|---|
| 2026-08-07 | Bednar Andrew | director | Sale | 77,753 @ $17.41 | $1.4M | −6.8% of holding | −4.3% | not yet — horizon still open | 1,061,260 | Form 4 · filed same day |
| 2026-08-06 | Bednar Andrew | director | Sale | 80,045 @ $17.17 | $1.4M | −6.6% of holding | −1.7% | not yet — horizon still open | 1,139,013 | Form 4 · filed 1 day after the trade |
| 2026-08-05 | Bednar Andrew | director | Sale | 77,899 @ $17.36 | $1.4M | −6.0% of holding | −2.7% | not yet — horizon still open | 1,219,058 | Form 4 · filed 2 days after the trade |
| 2026-06-12 | STEEL ROBERT K | director | Sale | 100,000 @ $15.76 | $1.6M | −25.8% of holding | −0.6% | not yet — horizon still open | 287,922 | Form 4 · filed 4 days after the trade |
| 2026-05-20 | Gottschalk Alexandra | officer | Sale | 14,018 @ $17.46 | $245K | −16.2% of holding | −9.9% | not yet — horizon still open | 72,492 | Form 4 · filed same day |
| 2026-05-19 | Gottschalk Alexandra | officer | Sale | 43,788 @ $17.58 | $770K | −33.6% of holding | −10.7% | not yet — horizon still open | 86,510 | Form 4 · filed 1 day after the trade |
| 2026-05-05 | Gottschalk Alexandra | officer | Sale | 51,671 @ $19.74 | $1.0M | −41.6% of holding | −24.9% | not yet — horizon still open | 72,492 | Form 4 · filed 2 days after the trade |
| 2025-09-11 | STEEL ROBERT K | director | Sale | 69,845 @ $22.42 | $1.6M | −41.4% of holding | −17.4% | −29.8% | 98,772 | Form 4 · filed same day |
| 2025-09-10 | STEEL ROBERT K | director | Sale | 51,505 @ $21.85 | $1.1M | −23.4% of holding | −13.0% | −28.8% | 168,617 | Form 4 · filed 1 day after the trade |
| 2025-09-09 | STEEL ROBERT K | director | Sale | 90,532 @ $21.76 | $2.0M | −29.1% of holding | −13.1% | −27.0% | 220,122 | Form 4 · filed 2 days after the trade |
| 2025-08-08 | Becker Dietrich | director | Sale | 177,553 @ $22.20 | $3.9M | −32.5% of holding | −3.6% | +1.0% | 368,469 | Form 4 · filed 4 days after the trade |
| 2025-06-11 | STEEL ROBERT K | director | Sale | 28,214 @ $18.75 | $529K | −22.2% of holding | +1.4% | −15.8% | 98,772 | Form 4 · filed 2 days after the trade |
| 2025-06-02 | STEEL ROBERT K | director | Sale | 60,092 @ $17.30 | $1.0M | −32.1% of holding | +11.8% | −12.3% | 126,986 | Form 4 · filed same day |
| 2025-05-30 | STEEL ROBERT K | director | Sale | 62,997 @ $17.45 | $1.1M | −25.2% of holding | +8.5% | −10.8% | 187,078 | Form 4 · filed 3 days after the trade |
| 2025-05-29 | STEEL ROBERT K | director | Sale | 73,107 @ $17.73 | $1.3M | −22.6% of holding | +4.1% | −13.5% | 250,075 | Form 4 · filed 4 days after the trade |
| 2025-05-01 | Weinberg Peter A | director | Sale | 137,621 @ $17.20 | $2.4M | −100.0% of holding | −4.4% | −12.6% | 0 | Form 4 · filed 4 days after the trade |
| 2025-04-02 | Weinberg Peter A | director | Sale | 39,982 @ $19.16 | $766K | −22.5% of holding | −10.1% | −10.7% | 137,621 | Form 4 · filed 1 day after the trade |
| 2025-04-01 | Weinberg Peter A | director | Sale | 101,018 @ $18.45 | $1.9M | −36.3% of holding | −6.3% | −6.8% | 177,603 | Form 4 · filed 2 days after the trade |
| 2025-03-04 | Weinberg Peter A | director | Sale | 59,130 @ $21.03 | $1.2M | −17.5% of holding | −5.7% | −10.6% | 278,621 | Form 4 · filed 1 day after the trade |
| 2025-03-03 | Weinberg Peter A | director | Sale | 81,870 @ $22.57 | $1.8M | −19.5% of holding | −13.2% | −11.6% | 337,751 | Form 4 · filed 2 days after the trade |
| 2025-02-04 | Weinberg Peter A | director | Sale | 45,884 @ $25.85 | $1.2M | −9.9% of holding | −14.9% | −19.0% | 419,621 | Form 4 · filed 1 day after the trade |
| 2025-02-03 | Weinberg Peter A | director | Sale | 95,116 @ $24.95 | $2.4M | −17.0% of holding | −11.9% | −16.5% | 465,505 | Form 4 · filed 2 days after the trade |
| 2025-01-03 | Weinberg Peter A | director | Sale | 68,134 @ $23.12 | $1.6M | −10.8% of holding | +10.4% | −17.4% | 560,621 | Form 4 · filed 3 days after the trade |
| 2025-01-02 | Weinberg Peter A | director | Sale | 72,866 @ $23.60 | $1.7M | −10.4% of holding | +6.5% | −19.9% | 628,755 | Form 4 · filed 4 days after the trade |
| 2024-12-10 | STEEL ROBERT K | director | Sale | 32,943 @ $24.87 | $819K | −39.5% of holding | −6.6% | −27.4% | 50,479 | Form 4 · filed 2 days after the trade |
| 2024-12-05 | Weinberg Peter A | director | Sale | 21,108 @ $25.71 | $543K | −2.9% of holding | −8.1% | −26.9% | 701,621 | Form 4 · filed same day |
| 2024-12-04 | Weinberg Peter A | director | Sale | 61,612 @ $25.23 | $1.6M | −7.9% of holding | −6.0% | −23.9% | 722,729 | Form 4 · filed 1 day after the trade |
| 2024-12-03 | Weinberg Peter A | director | Sale | 58,280 @ $25.42 | $1.5M | −6.9% of holding | −7.2% | −25.9% | 784,341 | Form 4 · filed 2 days after the trade |
The vs-S&P columns are a labeled look-back on what the stock did after each filing, measured against the index over the same window. Descriptive history, not a claim about the person or a reason to trade.
108 award / exercise / gift records — not counted as purchases
Awards, option exercises, gifts and tax-withholding disposals are shown separately and never counted as open-market purchases or sales — they carry no conviction information.
| Date | Person | Role | Action | Shares | Owned after | Filing |
|---|---|---|---|---|---|---|
| 2026-09-01 | PWP VoteCo Professionals LP | director | Other acquisition | 1,997,030 | 18,021,285 | Form 4 |
| 2026-08-31 | STEEL ROBERT K | director | Withheld for tax | 15,298 | 302,624 | Form 4 |
| 2026-08-31 | Gottschalk Alexandra | officer | Withheld for tax | 1,626 | 74,866 | Form 4 |
| 2026-08-31 | Becker Dietrich | director | Option exercise | 968,964 | 1,379,452 | Form 4 |
| 2026-08-31 | Gottschalk Alexandra | officer | Option exercise | 4,000 | 76,492 | Form 4 |
| 2026-08-31 | Bednar Andrew | director | Option exercise | 968,964 | 2,030,224 | Form 4 |
| 2026-08-31 | Becker Dietrich | director | Option exercise | 968,964 | 0 | Form 4 |
| 2026-08-31 | STEEL ROBERT K | director | Option exercise | 30,000 | 317,922 | Form 4 |
| 2026-08-31 | Weinberg Peter A | director | Option exercise | 680,336 | 0 | Form 4 |
| 2026-08-31 | Weinberg Peter A | director | Option exercise | 680,336 | 2,635,236 | Form 4 |
| 2026-08-31 | Gottschalk Alexandra | officer | Option exercise | 4,000 | 0 | Form 4 |
| 2026-08-31 | Bednar Andrew | director | Option exercise | 968,964 | 0 | Form 4 |
| 2026-08-31 | STEEL ROBERT K | director | Option exercise | 30,000 | 0 | Form 4 |
| 2026-05-27 | OLLILA JORMA J | director | Withheld for tax | 1,696 | 32,309 | Form 4 |
| 2026-05-27 | MUGFORD KRISTIN W | director | Award / grant | 5,429 | 49,586 | Form 4 |
| 2026-05-27 | Bennett Roy Edwin | director | Award / grant | 5,429 | 7,710 | Form 4 |
| 2026-05-27 | Dabboussi Houda | director | Award / grant | 5,429 | 7,710 | Form 4 |
| 2026-05-27 | FASCITELLI ELIZABETH C | director | Award / grant | 5,429 | 49,586 | Form 4 |
| 2026-05-18 | STEEL ROBERT K | director | Option exercise | 198,083 | 0 | Form 4 |
| 2026-05-18 | Gottschalk Alexandra | officer | Option exercise | 57,749 | 0 | Form 4 |
| 2026-05-18 | PWP VoteCo Professionals LP | director | Other acquisition | 1,906,191 | 20,018,315 | Form 4 |
| 2026-05-18 | STEEL ROBERT K | director | Option exercise | 198,083 | 0 | Form 4 |
| 2026-05-18 | Gottschalk Alexandra | officer | Option exercise | 57,749 | 0 | Form 4 |
| 2026-05-18 | STEEL ROBERT K | director | Disposition | 2 | 387,922 | Form 4 |
| 2026-05-18 | Gottschalk Alexandra | officer | Disposition | 1 | 130,298 | Form 4 |
| 2026-05-18 | STEEL ROBERT K | director | Option exercise | 198,083 | 387,726 | Form 4 |
| 2026-05-18 | Gottschalk Alexandra | officer | Option exercise | 58 | 130,299 | Form 4 |
| 2026-05-18 | STEEL ROBERT K | director | Option exercise | 198 | 387,924 | Form 4 |
| 2026-05-18 | Gottschalk Alexandra | officer | Option exercise | 57,749 | 130,241 | Form 4 |
| 2026-03-05 | STEEL ROBERT K | director | Withheld for tax | 15,301 | 189,643 | Form 4 |
| 2026-03-05 | Gottschalk Alexandra | officer | Withheld for tax | 1,609 | 124,163 | Form 4 |
| 2026-03-03 | PWP VoteCo Professionals LP | director | Other acquisition | 215,000 | 21,924,506 | Form 4 |
| 2026-02-28 | STEEL ROBERT K | director | Option exercise | 30,000 | 204,944 | Form 4 |
| 2026-02-28 | Gottschalk Alexandra | officer | Option exercise | 4,000 | 125,772 | Form 4 |
| 2026-02-28 | Gottschalk Alexandra | officer | Option exercise | 4,000 | 4,000 | Form 4 |
| 2026-02-28 | STEEL ROBERT K | director | Option exercise | 30,000 | 30,000 | Form 4 |
| 2026-02-24 | Becker Dietrich | director | Withheld for tax | 16,052 | 410,488 | Form 4 |
| 2026-02-24 | Bednar Andrew | director | Withheld for tax | 15,590 | 1,296,957 | Form 4 |
| 2026-02-24 | Weinberg Peter A | director | Withheld for tax | 11,844 | 1,954,900 | Form 4 |
| 2026-02-24 | STEEL ROBERT K | director | Withheld for tax | 3,093 | 174,944 | Form 4 |
Source: SEC Form 4 filings. Each row links to its original filing.
Across 2012–2021, stocks where a CEO, C-suite officer, or director had recently made an open-market common-stock purchase ran about +28 bp per month above the universe average (n=34,268 stock-weeks). A historical tendency, not a prediction.
Congressional disclosures
No congressional trades disclosed for this company.
Research tool, not investment advice — historical frequencies, not recommendations. A product of Marovel Technologies LLC. Full terms.