Power REIT (PW) director discloses 340,000 common shares in insider filing

Rhea-AI Filing Summary

Power REIT insider reports initial share ownership. A reporting person filed an initial ownership statement showing beneficial ownership of 340,000 shares of Power REIT common stock as of an event dated 12/19/2025. The filing indicates these shares are held as direct ownership rather than through another entity or account. The individual is identified as a director of Power REIT, which means they help oversee the company's management and strategy. This type of filing is required disclosure so investors can see how many shares key insiders hold.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

POSNER HENRY III

(Last) (First) (Middle)

535 SMITHFIELD STREET

SUITE 960

(Street)

PITTSBURGH PA 15222

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
12/19/2025

3. Issuer Name and Ticker or Trading Symbol
Power REIT [ PW ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	340,000	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

See Exhibit 24.1 - Power of Attorney

	/s/ Briar McNutt as Attorney-in-Fact for Henry Posner III	12/29/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What insider ownership was reported for Power REIT (PW)?

The filing reports that a director of Power REIT beneficially owns 340,000 shares of the company’s common stock.

Is the 340,000-share position in Power REIT (PW) held directly or indirectly?

The 340,000 Power REIT common shares are reported as held under direct (D) ownership.

What is the relationship of the reporting person to Power REIT (PW)?

The reporting person is identified as a director of Power REIT, indicating a board-level governance role.

What date triggered this insider ownership report for Power REIT (PW)?

The date of the event requiring the statement is listed as 12/19/2025.

Does this Power REIT (PW) filing list any derivative securities?

Table II for derivative securities is present but does not list any specific derivative positions in the provided content.

Why was a power of attorney mentioned in the Power REIT (PW) insider filing?

The remarks reference Exhibit 24.1 - Power of Attorney, indicating an attorney-in-fact signed the report on behalf of the insider.