STOCK TITAN

Power REIT (PW) investor Henry Posner III reports 9.3% stake after reverse split

(Moderate)
(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

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.

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Beneficial ownership 34,000 shares Shares of Power REIT common stock beneficially owned by Henry Posner III
Ownership percentage 9.3% Percent of Power REIT’s outstanding common stock represented by 34,000 shares
Shares outstanding 367,120 shares Power REIT common shares outstanding as of August 6, 2026, per Form 10-Q
Reverse stock split ratio one-for-ten Reverse stock split of Power REIT common stock effective June 2, 2026
Date of event 08/12/2026 Date of event requiring the Schedule 13D amendment filing
reverse stock split financial
"following the Issuer's one-for-ten reverse stock split of shares of the Issuer's common stock"
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
beneficially own financial
"The Reporting Person may be deemed to beneficially own 34,000 shares of the Issuer's Common 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 dispositive power financial
"The Reporting Person has sole voting and dispositive power of 34,000 shares of Common Stock"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13G regulatory
"Power of Attorney by Henry Posner III for Executing and Schedule 13G"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Schedule 13D regulatory
"amends and supplements the originally filed with the SEC by the Reporting Person"
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.

FAQ

What ownership stake in Power REIT (PW) does Henry Posner III report?

Henry Posner III reports beneficial ownership of 34,000 shares of Power REIT common stock, representing 9.3% of the company’s outstanding common stock, based on 367,120 shares outstanding as of August 6, 2026.

Did Henry Posner III change his share count in Power REIT (PW) in this amendment?

The amendment states that Henry Posner III has not effected any acquisitions or dispositions of Power REIT common stock since Amendment No. 4; the update reflects a reverse stock split and the issuer’s updated outstanding share count.

How many Power REIT (PW) shares are used to calculate Henry Posner’s 9.3% stake?

The 9.3% ownership figure is calculated using 367,120 shares of Power REIT common stock outstanding as of August 6, 2026, as disclosed in the company’s Form 10-Q for the quarter ended June 30, 2026.

What voting and dispositive powers does Henry Posner III have over his Power REIT (PW) shares?

Henry Posner III has sole voting power and sole dispositive power over all 34,000 shares of Power REIT common stock he beneficially owns, and reports no shared voting or dispositive power.

Why was this Schedule 13D amendment filed for Power REIT (PW)?

The amendment was filed primarily to reflect the issuer’s one-for-ten reverse stock split on June 2, 2026 and the updated outstanding share count disclosed in Power REIT’s Form 10-Q filed on August 12, 2026.

When did Power REIT (PW) complete its reverse stock split referenced in this filing?

Power REIT completed a one-for-ten reverse stock split of its common stock on June 2, 2026, which is cited as a key reason for updating Henry Posner III’s reported ownership percentage.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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73933H309

(CUSIP Number)
Henry Posner III
535 Smithfield Street, Suite 960,
Pittsburgh, PA, 15222
412-928-7700


Briar McNutt
Epstein Becker & Green, P.C., 875 Third Avenue
New York, NY, 10022
212-351-4500

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
08/12/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D




Comment for Type of Reporting Person:
This Amendment No. 7 to Schedule 13D (this "Amendment No. 7") amends and supplements the Schedule 13D originally filed with the SEC by the Reporting Person with respect to the Issuer on December 1, 2025 (the "Schedule 13D"), as amended by Amendment No. 1 to Schedule 13D filed on December 4, 2025, Amendment No. 2 to Schedule 13D filed on December 11, 2025, Amendment No. 3 to Schedule 13D filed on December 17, 2025, Amendment No. 4 to Schedule 13 filed on December 23, 2025 ("Amendment No. 4"), Amendment No. 5 to Schedule 13D filed on December 29, 2025, and Amendment No. 6 to Schedule 13D filed on February 10, 2026 ("Amendment No. 6") (collectively, the "Schedule 13D/A"). Capitalized terms used herein have the meanings ascribed to them in the Schedule 13D/A. The principal purpose of this Amendment No. 7 is to update certain information previously reported in Item 5 (Interest in Securities of the Issuer) following the Issuer's one-for-ten reverse stock split of shares of the Issuer's common stock, $0.001 par value per share (the "Common Stock") on June 2, 2026 and the Issuer's disclosure of outstanding shares of Common Stock as of August 6, 2026 in its Quarterly Report on Form 10-Q filed with the SEC on August 12, 2026. The Reporting Person has not effected any acquisitions or dispositions of shares of the Issuer's Common Stock since the filing of Amendment No. 4. Except as set forth in this Amendment No. 7, the information in Schedule 13D/A remains unchanged.


SCHEDULE 13D


POSNER HENRY III
Signature:/s/ Briar McNutt
Name/Title:Briar McNutt by POA from Henry Posner III, Reporting Person
Date:08/14/2026
Comments accompanying signature:
Power of Attorney by Henry Posner III for Executing Schedule 13D and Schedule 13G (incorporated by reference from Exhibit 99.2 to the Schedule 13D of Reporting Person dated November 24, 2025 and filed with the Securities and Exchange Commission on December 1, 2025)