Power REIT (NYSE: PW) 10% owner buys Series A preferred stock
Rhea-AI Filing Summary
Power REIT 10% owner Henry Posner III bought 3,300 shares of the company’s 7.75% Series A Cumulative Redeemable Perpetual Preferred Stock on January 14, 2026 at a weighted average price of $7.0998 per share.
He purchased an additional 1,497 shares on January 15, 2026 at a weighted average price of $7.7459 per share, resulting in direct beneficial ownership of 4,797 preferred shares after these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | 7.75% Series A Cum. Red. Perpetual Preferred Stock | 1,497 | $7.7459 | $12K |
| Purchase | 7.75% Series A Cum. Red. Perpetual Preferred Stock | 3,300 | $7.0998 | $23K |
Footnotes (1)
- F1. The price reported in column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $7.70 to $7.75, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the range set forth herein.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did PW 10% owner Henry Posner III report?
Henry Posner III, a 10% owner of Power REIT (PW), reported open-market purchases of the company’s 7.75% Series A Cumulative Redeemable Perpetual Preferred Stock on two consecutive days in January 2026.
What type of security did the PW insider purchase?
The purchases were in 7.75% Series A Cumulative Redeemable Perpetual Preferred Stock of Power REIT, a preferred equity security with a stated dividend rate of 7.75%.