Power REIT holder reports 6.14% of Series A prefs
Bradley & Daytona Railway and Land Co. LLC filed Amendment No. 1 to its Schedule 13D on Power REIT’s Series A preferred stock.
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Form Type
SCHEDULE 13D/A
Rhea-AI Filing Summary
Bradley & Daytona Railway and Land Co. LLC filed Amendment No. 1 to its Schedule 13D on Power REIT’s Series A preferred stock. The firm reports beneficial ownership of 20,680 shares, equal to 6.14% of the outstanding Series A preferred shares.
The ownership percentage is based on 336,944 Series A preferred shares outstanding as of December 31, 2025, as disclosed in Power REIT’s annual report. Bradley & Daytona reports sole voting and sole dispositive power over these shares. Exhibit 99.A lists the detailed transactions since the original February 25, 2026 filing.
Key Figures
Beneficial ownership: 20,680 shares
Ownership percentage: 6.14%
Shares outstanding: 336,944 shares
+4 more
7 metrics
Beneficial ownership
20,680 shares
Series A preferred shares beneficially owned by Bradley & Daytona
Ownership percentage
6.14%
Portion of outstanding Series A preferred stock
Shares outstanding
336,944 shares
Series A preferred shares outstanding as of December 31, 2025
Liquidation preference
$25 per share
Series A Cumulative Redeemable Perpetual Preferred Stock
Sole voting power
20,680 shares
Shares with sole voting power reported by Bradley & Daytona
Sole dispositive power
20,680 shares
Shares with sole dispositive power reported by Bradley & Daytona
Event date
April 23, 2026
Date of event requiring Amendment No. 1
Key Terms
Series A Cumulative Redeemable Perpetual Preferred Stock, liquidation preference, beneficially own, sole voting and dispositive power, +2 more
6 terms
Series A Cumulative Redeemable Perpetual Preferred Stock financial
"Title of Class of Securities: Series A Cumulative Redeemable Perpetual Preferred Stock"
liquidation preference financial
"Series A Cumulative Redeemable Perpetual Preferred Stock Liquidation Preference $25 per Share"
A liquidation preference is a rule that determines who gets paid first and how much they receive when a company is sold, goes bankrupt, or distributes its assets. It gives certain investors a priority claim—often returning their original investment plus any agreed multiple—before other owners receive money, which shapes how much common shareholders and founders ultimately get; think of it as a front-of-the-line pass that affects payout order and investor returns.
beneficially own financial
"The Reporting Persons may be deemed to beneficially own 20,680 shares of the Issuer's Series A Preferred Stock"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
sole voting and dispositive power financial
"The Reporting Persons has sole voting and dispositive power of 20,680 shares of Series A Preferred Stock"
Schedule 13D regulatory
"previously filed a statement on Schedule 13G to report the acquisition that is the subject of this"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
Annual Report on Form 10-K regulatory
"as disclosed by the Issuer in its Annual Report on Form 10-K for the year ended December 31, 2025"
An annual report on Form 10‑K is a required, comprehensive filing that publicly traded companies give to regulators and investors summarizing their business, results of operations, detailed financial statements reviewed by independent auditors, material risks, legal issues and management’s discussion of performance. Investors use it like a company’s year‑end report card and medical checkup: it reveals how the business made money, where it is vulnerable, and the facts needed to compare value, judge risk and make informed investment decisions.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What ownership in Power REIT (PW) did Bradley & Daytona disclose?
Bradley & Daytona Railway and Land Co. LLC disclosed beneficial ownership of 20,680 shares of Power REIT’s Series A preferred stock. This stake represents 6.14% of the outstanding Series A preferred shares, based on the issuer’s disclosed share count as of December 31, 2025.
Which Power REIT (PW) security is covered in this Schedule 13D/A amendment?
The amendment covers Power REIT’s Series A Cumulative Redeemable Perpetual Preferred Stock with a $25 per share liquidation preference. The disclosure focuses on beneficial ownership and control of this preferred class, not on common stock or other series of securities.
What additional information is in Exhibit 99.A of the Power REIT (PW) 13D/A?
Exhibit 99.A lists Bradley & Daytona’s transactions in Power REIT’s Series A preferred stock since the original Schedule 13D filing on February 25, 2026. These transaction details provide a trade-by-trade history underlying the updated beneficial ownership reported in Amendment No. 1.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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