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[8-K] Power REIT Reports Material Event

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

Power REIT reported the results of a shareholder vote: each of the four trustee nominees was elected to a one-year term. The filing lists vote tallies for three named trustees—Patrick R. Haynes, III received 1,348,270 votes for, William S. Susman received 1,325,140 votes for, and Dionisio D’Aguilar received 1,349,125 votes for—with additional vote counts shown in the filing including shares withheld or against and a repeated figure of 666,148 (appearing in each row). The submission includes unchecked boxes for specified communication rules and is signed by David H. Lesser in his officer capacities.

Power REIT ha comunicato l'esito della votazione degli azionisti: ciascuno dei quattro candidati a trustee è stato eletto per un mandato di un anno. Il documento riporta i risultati di voto per tre trustee nominati—Patrick R. Haynes, III ha ottenuto 1.348.270 voti a favore, William S. Susman ha ottenuto 1.325.140 voti a favore e Dionisio D’Aguilar ha ottenuto 1.349.125 voti a favore—con ulteriori conteggi mostrati nel deposito, comprese azioni trattenute o contrarie, e una cifra ripetuta di 666.148 (presente in ogni riga). La comunicazione include caselle non selezionate riguardanti regole di comunicazione specificate ed è firmata da David H. Lesser nelle sue funzioni di dirigente.

Power REIT informó los resultados de la votación de los accionistas: cada uno de los cuatro candidatos a fideicomisario fue elegido por un mandato de un año. La presentación lista los recuentos de votos para tres fideicomisarios nombrados—Patrick R. Haynes, III recibió 1.348.270 votos a favor, William S. Susman recibió 1.325.140 votos a favor, y Dionisio D’Aguilar recibió 1.349.125 votos a favor—con conteos adicionales mostrados en la presentación, incluidas acciones retenidas o en contra, y una cifra repetida de 666.148 (apareciendo en cada fila). La entrega incluye casillas sin marcar para reglas de comunicación especificadas y está firmada por David H. Lesser en sus cargos de funcionario.

Power REIT는 주주 투표 결과를 보고했습니다: 네 명의 이사 후보 전원이 1년 임기의 이사로 선출되었습니다. 제출 문서에는 이름이 기재된 세 명의 이사에 대한 투표 집계가 기재되어 있습니다—Patrick R. Haynes, III1,348,270표 찬성, William S. Susman1,325,140표 찬성, Dionisio D’Aguilar1,349,125표 찬성을 받았으며—제출서에는 기권 또는 반대 표를 포함한 추가 집계와 각 행에 반복되어 나타나는 666,148이라는 수치도 표시되어 있습니다. 제출서에는 특정 통신 규칙에 관한 선택 해제된 체크박스가 포함되어 있으며 David H. Lesser가 임원 자격으로 서명했습니다.

Power REIT a rendu compte des résultats du vote des actionnaires : chacun des quatre candidats au poste d'administrateur a été élu pour un mandat d'un an. le dossier indique les totaux de vote pour trois administrateurs nommés—Patrick R. Haynes, III a reçu 1.348.270 voix pour, William S. Susman a reçu 1.325.140 voix pour, et Dionisio D’Aguilar a reçu 1.349.125 voix pour—avec des totaux supplémentaires figurant dans le dépôt, y compris des actions retenues ou contre, et un chiffre répété de 666.148 (apparaissant dans chaque ligne). La soumission comprend des cases non cochées concernant des règles de communication spécifiées et est signée par David H. Lesser en ses fonctions de dirigeant.

Power REIT meldete die Ergebnisse einer Aktionärsabstimmung: jeder der vier vorgeschlagenen Treuhänder wurde für eine einjährige Amtszeit gewählt. Die Einreichung führt die Abstimmungsergebnisse für drei namentlich genannten Treuhänder auf—Patrick R. Haynes, III erhielt 1.348.270 Stimmen dafür, William S. Susman erhielt 1.325.140 Stimmen dafür und Dionisio D’Aguilar erhielt 1.349.125 Stimmen dafür—mit weiteren in der Einreichung gezeigten Zählungen, darunter zurückbehaltene oder dagegen abgegebene Stimmen, sowie einer in jeder Zeile wiederkehrenden Zahl von 666.148. Die Einreichung enthält nicht angekreuzte Kästchen zu bestimmten Kommunikationsregeln und ist von David H. Lesser in seiner Funktion als leitender Angestellter unterzeichnet.

Positive
  • All four trustee nominees were elected to one-year terms, with vote totals disclosed for each named trustee
  • Transparent vote reporting includes specific vote counts for named trustees
Negative
  • None.

Insights

TL;DR: Routine trustee elections completed; vote counts disclosed but no governance changes reported.

The filing documents standard annual election outcomes: all nominees were elected to one-year terms with clear vote totals for each named trustee. The disclosure is procedural and does not indicate any contested governance changes, board composition shifts, or amendments to governance policies. The repeated figure of 666,148 appears in each nominee row and may represent a consistent voting category reported across nominees, but the filing does not explain that number. Impact on board oversight or strategy is not evident from this filing alone.

TL;DR: Election results are provided; there are no financial metrics or material operational developments disclosed.

This 8-K records shareholder votes for trustee elections and contains no revenue, earnings, debt, or transaction information. From an investor-impact perspective, the report is routine: it confirms continuity of governance rather than signaling strategic or financial change. The filing includes officer signature but no forward-looking statements or material event beyond the vote counts.

Power REIT ha comunicato l'esito della votazione degli azionisti: ciascuno dei quattro candidati a trustee è stato eletto per un mandato di un anno. Il documento riporta i risultati di voto per tre trustee nominati—Patrick R. Haynes, III ha ottenuto 1.348.270 voti a favore, William S. Susman ha ottenuto 1.325.140 voti a favore e Dionisio D’Aguilar ha ottenuto 1.349.125 voti a favore—con ulteriori conteggi mostrati nel deposito, comprese azioni trattenute o contrarie, e una cifra ripetuta di 666.148 (presente in ogni riga). La comunicazione include caselle non selezionate riguardanti regole di comunicazione specificate ed è firmata da David H. Lesser nelle sue funzioni di dirigente.

Power REIT informó los resultados de la votación de los accionistas: cada uno de los cuatro candidatos a fideicomisario fue elegido por un mandato de un año. La presentación lista los recuentos de votos para tres fideicomisarios nombrados—Patrick R. Haynes, III recibió 1.348.270 votos a favor, William S. Susman recibió 1.325.140 votos a favor, y Dionisio D’Aguilar recibió 1.349.125 votos a favor—con conteos adicionales mostrados en la presentación, incluidas acciones retenidas o en contra, y una cifra repetida de 666.148 (apareciendo en cada fila). La entrega incluye casillas sin marcar para reglas de comunicación especificadas y está firmada por David H. Lesser en sus cargos de funcionario.

Power REIT는 주주 투표 결과를 보고했습니다: 네 명의 이사 후보 전원이 1년 임기의 이사로 선출되었습니다. 제출 문서에는 이름이 기재된 세 명의 이사에 대한 투표 집계가 기재되어 있습니다—Patrick R. Haynes, III1,348,270표 찬성, William S. Susman1,325,140표 찬성, Dionisio D’Aguilar1,349,125표 찬성을 받았으며—제출서에는 기권 또는 반대 표를 포함한 추가 집계와 각 행에 반복되어 나타나는 666,148이라는 수치도 표시되어 있습니다. 제출서에는 특정 통신 규칙에 관한 선택 해제된 체크박스가 포함되어 있으며 David H. Lesser가 임원 자격으로 서명했습니다.

Power REIT a rendu compte des résultats du vote des actionnaires : chacun des quatre candidats au poste d'administrateur a été élu pour un mandat d'un an. le dossier indique les totaux de vote pour trois administrateurs nommés—Patrick R. Haynes, III a reçu 1.348.270 voix pour, William S. Susman a reçu 1.325.140 voix pour, et Dionisio D’Aguilar a reçu 1.349.125 voix pour—avec des totaux supplémentaires figurant dans le dépôt, y compris des actions retenues ou contre, et un chiffre répété de 666.148 (apparaissant dans chaque ligne). La soumission comprend des cases non cochées concernant des règles de communication spécifiées et est signée par David H. Lesser en ses fonctions de dirigeant.

Power REIT meldete die Ergebnisse einer Aktionärsabstimmung: jeder der vier vorgeschlagenen Treuhänder wurde für eine einjährige Amtszeit gewählt. Die Einreichung führt die Abstimmungsergebnisse für drei namentlich genannten Treuhänder auf—Patrick R. Haynes, III erhielt 1.348.270 Stimmen dafür, William S. Susman erhielt 1.325.140 Stimmen dafür und Dionisio D’Aguilar erhielt 1.349.125 Stimmen dafür—mit weiteren in der Einreichung gezeigten Zählungen, darunter zurückbehaltene oder dagegen abgegebene Stimmen, sowie einer in jeder Zeile wiederkehrenden Zahl von 666.148. Die Einreichung enthält nicht angekreuzte Kästchen zu bestimmten Kommunikationsregeln und ist von David H. Lesser in seiner Funktion als leitender Angestellter unterzeichnet.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of report (Date of earliest event reported): August 27, 2025

 

POWER REIT

(Exact name of registrant as specified in its charter)

 

Maryland

(State or other jurisdiction of incorporation)

 

001-36312

(Commission File Number)

 

45-3116572

(IRS Employer Identification No.)

 

301 Winding Road

Old Bethpage, NY 11804

(Address of principal executive offices and Zip Code)

 

Registrant’s telephone number, including area code: (212) 750-0371

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of Each Class   Trading Symbol   Name of Each Exchange on Which Registered
Common Shares   PW   NYSE (American)
         
7.75% Series A Cumulative Redeemable Perpetual Preferred Stock, Liquidation Preference $25 per Share   PW.A   NYSE (American)

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 5.07 Submission of Matters to a Vote of Security Holders

 

Power REIT’s (the “Trust”) 2025 annual meeting of shareholders (the “2025 Annual Meeting”) was held on August 27, 2025. For more information on the following proposals, see the Trust’s definitive proxy statement on Schedule 14A for the 2025 Annual Meeting (the “Proxy Statement”), which was filed with the Securities and Exchange Commission on August 1, 2025.

 

Below are the final voting results for each item of business voted upon at the 2025 Annual Meeting, as described in the Proxy Statement.

 

Proposal 1. Election of Trustees.

 

 Shareholders elected each of the four nominees to the Board of Trustees for a one-year term.

 

Name of Trustee  For   Withheld   Non Broker Votes 
David H. Lesser   1,340,888    110,723    666,148 
Patrick R. Haynes, III   1,348,270    103,341    666,148 
William S. Susman   1,325,140    126,471    666,148 
Dionisio D’Aguilar   1,349,125    102,486    666,148 

 

Proposal 2. Ratification of Independent Audit Firm

 

2)Shareholders ratified MaloneBailey LLP as the Trust’s independent registered public accounting firm for fiscal 2025.

 

For   Against   Abstain 
 1,994,099    93,812    29,848 

 

 

 

 

Signature on Following Page

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: August 27, 2025

 

Power REIT

 

By /s/ David H. Lesser  
David H. Lesser  
Chairman, CEO, Secretary, & Treasurer  

 

 

 

 

FAQ

Who was elected to the Power REIT (PW) board in this 8-K?

The filing shows that nominees including Patrick R. Haynes, III, William S. Susman, and Dionisio D’Aguilar were elected to one-year terms.

How many votes did Patrick R. Haynes, III receive in the trustee election?

Patrick R. Haynes, III received 1,348,270 votes in favor, as reported in the filing.

Does the 8-K disclose any material transactions or financial results for Power REIT (PW)?

No. The filing only reports trustee election results and related vote counts; it does not disclose transactions or financial results.

Who signed the 8-K for Power REIT?

The filing is signed by David H. Lesser in the capacities of Chairman, CEO, Secretary, and Treasurer.

Were any pre-commencement or solicitation communications indicated on the form?

The checkboxes for written communications under Rule 425 and soliciting material under Rule 14a-12 appear unchecked in the provided content.
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