Power REIT filings document the Trust’s REIT operations, property portfolio, securities and governance as a public real estate issuer. Annual and quarterly reports address real estate assets tied to Controlled Environment Agriculture, renewable energy and transportation, along with lease economics, operating results, liquidity, risk factors and audit matters.
Proxy statements and related 8-K reports record annual meeting matters, trustee elections, auditor ratification and shareholder voting results. The filing record also covers capital-structure disclosures for Power REIT’s common shares and 7.75% Series A cumulative redeemable perpetual preferred stock, as well as public-company events such as listing-compliance and going-concern disclosures.
For Power REIT, the reporting persons state that they may be deemed to beneficially own 40,487 Series A preferred shares, approximately 12.0% of the class, solely for voting rights and matters arising under Section 8 of the Articles Supplementary. The percentage is based on 336,944 shares outstanding as of June 30, 2026. Bradley & Daytona Railway and Land Co. LLC and its managing member, Alexander Kachmar, are reported to directly beneficially own 29,084 shares. The D & C Cacciapaglia Living Trust and David Cacciapaglia Family Trust are reported to beneficially own 11,403 shares collectively; David Cacciapaglia, a trustee, is reported to beneficially own those shares indirectly. Each reporting person retains sole dispositive power over the shares they beneficially own.
Power REIT convened its 2026 Annual Meeting on October 27, 2026, but adjourned all proposals to November 10, 2026, at 10:30 a.m. Eastern after it had not received sufficient votes to approve Proposal 3. No votes were taken at the October 27 session. Proposal 3 requires affirmative votes from a majority of all Common Shares outstanding as of September 11, 2026; unvoted shares have the same effect as votes against it.
Previously submitted proxies remain valid unless revoked, and shareholders who already voted need not vote again. If votes remain insufficient, the meeting may be adjourned again. Power REIT disclosed that if it cannot address the Series A Preferred Stock overhang, delisting from NYSE American and deregistration under the Exchange Act become likely; it also said it cannot assure Proposal 3 approval would avoid those outcomes.
Power REIT asks shareholders to vote FOR Proposal 3 at its October 27, 2026 annual meeting. Approval requires an affirmative vote from a majority of all 367,120 Common Shares outstanding on the September 11, 2026 record date. As of October 22, approximately 37% of outstanding Common Shares had voted FOR; unvoted shares have the same effect as votes against.
Proposal 3 would let Series A Preferred Stock holders, voting as a separate class, approve amendments to the Series A Articles Supplementary without an additional common-shareholder vote. The Board recommends FOR and says approval may help preserve the Trust’s NYSE American listing and ability to raise capital. If votes remain insufficient, the Board may adjourn the meeting; submitted proxies remain valid unless revoked.
Power REIT’s Series A preferred-stock ownership disclosure states that Bradley & Daytona Railway and Land Co. LLC, Alexander Kachmar, the D & C Cacciapaglia Living Trust, the David Cacciapaglia Family Trust, and David Cacciapaglia may be deemed to share voting power over 40,595 shares, approximately 12.0% of the class. The percentage uses 336,944 shares outstanding as of June 30, 2026. The stated beneficial ownership relates solely to voting rights concerning the Series A preferred stock and matters arising under Section 8 of the Articles Supplementary; shared voting power is limited to matters described in Amendment No. 4. Bradley & Daytona and Alexander Kachmar directly beneficially own 28,692 preferred shares. The two trusts together beneficially own 11,903 preferred shares, which David Cacciapaglia indirectly beneficially owns through them. Each reporting person retains sole dispositive power over shares beneficially owned by that person. The disclosure separately lists 7,298 common shares held by Bradley & Daytona and Alexander Kachmar, and 8,000 common shares held by the D & C trust; common stock is not the subject of this disclosure.
Power REIT (PW) is asking shareholders to elect five trustees, ratify MaloneBailey, LLP as its independent auditor for fiscal 2026, and approve an amendment to the Series A Preferred Stock terms at its October 27, 2026 annual meeting. The amendment would give Series A holders exclusive approval rights over future Declaration of Trust amendments affecting only their contract rights. Approval requires a majority of all outstanding common shares and may also require a separate vote of at least two-thirds of outstanding Series A shares.
If approved and implemented, the change would remove common shareholders’ vote on those future amendments. It does not itself authorize a preferred-to-common conversion or issue common shares, but a future conversion could dilute common ownership. Power REIT states it has not paid Series A dividends for six or more quarterly periods; eligible preferred holders may elect two additional trustees under the existing terms. The Board recommends voting FOR the nominees, auditor ratification, and the amendment.
Power REIT (PW) announced that its 2026 Annual Meeting of Shareholders will be held on October 27, 2026, with the record date set as September 11, 2026 for shareholders entitled to notice and to vote. The company states that the 2026 meeting date differs by more than 30 days from the 2025 Annual Meeting held on August 27, 2025, so it is providing updated nomination and proposal deadlines under its bylaws and SEC rules.
Shareholder proposals for inclusion in the proxy materials under Rule 14a-8 must be received by the Secretary by September 15, 2026. For nominations or other business outside the Rule 14a-8 process by a Qualified Shareholder under Section 13 of the bylaws, notice must be delivered by September 24, 2026, following the public announcement of the expected mailing date of the 2026 meeting notice on September 16, 2026.
Power REIT (PW) is asking holders of its 7.75% Series A Preferred Stock to approve a mandatory conversion of each preferred share into 0.5 common shares via an amendment to its Articles Supplementary. This matches the existing maximum optional conversion rate after a prior 10-for-1 reverse split.
If Series A holders approve and common shareholders separately approve a related charter amendment, the Board may, but is not required to, implement the conversion within one year, issuing about 168,472 new common shares. Based on the share counts stated in the filing, those new shares would represent approximately 31.5% of about 535,592 common shares outstanding after conversion. The filing’s narrative states 31.5%, while the adjacent pro forma table reverses the two percentages. Conversion would eliminate the preferreds’ $25.00 liquidation preference and about $6.78 per share of accrued but unpaid dividends in exchange for common equity and potential trading liquidity.
The Board states that, if the Preferred Stock Proposal is not approved, it currently intends to pursue delisting of the Series A Preferred Stock from NYSE American and may also delist and deregister the common shares, citing non-compliance risks with existing and proposed listing standards and the capital-structure “overhang” from the preferred. Delisting and deregistration could move trading to private or OTC venues with significantly reduced liquidity and disclosure.
Power REIT (PW) received an amended Schedule 13D (Amendment No. 7) concerning its Series A Cumulative Redeemable Perpetual Preferred Stock, which has a liquidation preference of $25 per share. A group of reporting persons, including Bradley & Daytona Railway and Land Co. LLC, Alexander Kachmar, and trusts associated with David Cacciapaglia, report that they may be deemed to beneficially own an aggregate of 39,921 Series A Preferred shares.
These 39,921 shares represent approximately 11.85% of the 336,944 Series A Preferred shares outstanding as of June 30, 2026, based on Power REIT’s Form 10-Q. The group reports shared voting power over these shares for specific matters under Section 8 of the Articles Supplementary, while each reporting person retains sole dispositive power over the shares that person or trust beneficially owns.
Power REIT (PW) is soliciting proxies for its 2026 annual shareholder meeting to elect five trustees, ratify MaloneBailey, LLP as independent auditor for 2026, and consider a significant capital-structure change in Proposal 3.
Proposal 3 would amend the Articles Supplementary for the 7.75% Series A Preferred Stock so that, for any future amendment that alters only the Series A Preferred Stock’s contract rights, the Series A holders alone would have voting authority, acting as a separate class, without a further common-shareholder vote. The Board links this flexibility to efforts to "clean up" the capital structure, including a potential future conversion of some or all Series A Preferred into common shares to address NYSE American listing risks, balance sheet equity requirements, and the growing senior liquidation preference from unpaid cumulative dividends. The filing highlights that any such conversion terms are not yet fixed and may be dilutive, and that approval of Proposal 3 requires the affirmative vote of a majority of all outstanding common shares, with abstentions and broker non-votes effectively counting against it.
Power REIT investor Henry Posner III filed Amendment No. 7 updating his ownership in the company’s common stock after a one-for-ten reverse stock split and updated share count disclosures. He may be deemed to beneficially own 34,000 shares of Power REIT common stock, representing 9.3% of the outstanding shares.
This percentage is based on 367,120 shares of common stock outstanding as of August 6, 2026, as reported for the quarter ended June 30, 2026. Posner has sole voting and dispositive power over all 34,000 shares and reports no shared power. The filing states he has not acquired or disposed of Power REIT shares since an earlier amendment.