high
Sell
300,579 shares
$7,358,174
Significance
6/10
CEO Bednar sold 300,579 shares of PWP at $24.48 on 2024-11-12; post-transaction holdings: 520,394 shares (down 36.6%)
CEO Andrew Bednar sold 300,579 shares representing 36.6% of his pre-transaction holdings, a substantial reduction in personal ownership stake. The sale occurred at $24.48 per share while the stock now trades at $25.73, just 0.0% from its 52-week high of $25.73, indicating the sale was timed below the stock's current peak. The company reported net income of $16,370,000.00 on revenue of $278,242,000.00 in the latest quarter, but was unprofitable over its most recent full fiscal year, creating a mixed financial backdrop where near-term profitability coexists with full-year losses.