Power REIT (PW) holder reports 16,860 Series A preferred shares

Rhea-AI Filing Summary

Power REIT ownership disclosure: Bradley & Daytona Railway and Land Co. LLC reports beneficial ownership of 16,860 shares of Series A Cumulative Redeemable Perpetual Preferred Stock with a stated liquidation preference of $25 per share, representing 5.00% of that class as of 02/18/2026.

The filing names Bradley & Daytona Railway and Land Co. LLC as the holder and shows sole voting and dispositive power over the 16,860 shares. The filing is signed by Alexander Kachmar as Managing Member on 02/19/2026.

Insights

Equity Ownership Specialist

Holder reports a 5.00% stake in the preferred series with sole control of shares.

The excerpt lists 16,860 shares of Series A Cumulative Redeemable Perpetual Preferred Stock and records sole voting and dispositive power over those shares; the liquidation preference is $25 per share and the percent held is 5.00%.

Ownership changes or transfers would appear in subsequent filings; timing tied to the dates 02/18/2026 (share snapshot) and 02/19/2026 (signature). Cash‑flow treatment or planned dispositions are not disclosed in the provided excerpt.

Corporate Governance Analyst

Single entity holds both voting and dispositive authority over the reported preferred shares.

The schedule indicates sole voting power of 16,860 shares and sole dispositive power of 16,860, which implies centralized control by Bradley & Daytona Railway and Land Co. LLC as reported in Item 4(a)–(c).

Because this is a beneficial ownership disclosure, its materiality is routine; any material corporate actions tied to these shares would require further filings that specify transactions or intents.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Power REIT

(Name of Issuer)

Series A Cumulative Redeemable Perpetual Preferred Stock Liquidation Preference $25 per Share

(Title of Class of Securities)

73933H200

(CUSIP Number)

02/18/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 73933H200

1

Names of Reporting Persons

Bradley and Daytona Railway and Land Co. LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 16,860.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 16,860.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

16,860.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5 %

12

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person: For item 12: Bradley & Daytona Railway and Land Co. LLC (LLC)

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Power REIT
(b)	Address of issuer's principal executive offices: 301 Winding Road, Old Bethpage, New York, 11804
Item 2.
(a)	Name of person filing: Bradley & Daytona Railway and Land Co. LLC
(b)	Address or principal business office or, if none, residence: 5753 Highway 85 N PMB 5974, Crestview, FL, 32536
(c)	Citizenship: Wyoming
(d)	Title of class of securities: Series A Cumulative Redeemable Perpetual Preferred Stock Liquidation Preference $25 per Share
(e)	CUSIP No.: 73933H200
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 16,860.00
(b)	Percent of class: 5.00%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 16,860.00
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 16,860.00
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Bradley and Daytona Railway and Land Co. LLC

Signature:	/s/ Alexander Kachmar
Name/Title:	Managing Member of Bradley & Daytona Railway and Land Co. LLC
Date:	02/19/2026

FAQ

What stake does Bradley & Daytona hold in Power REIT Series A preferred (PW)?

Bradley & Daytona Railway and Land Co. LLC holds 16,860 shares, equal to 5.00% of the Series A preferred class as stated in the filing dated 02/18/2026. The holder reports sole voting and dispositive power over those shares.

What is the liquidation preference per share for Power REIT's Series A preferred?

The filing shows a liquidation preference of $25 per share for the Series A Cumulative Redeemable Perpetual Preferred Stock. That per‑share preference is stated on the filing cover and item descriptions.

Who signed the Schedule 13G on behalf of Bradley & Daytona for PW?

The Schedule 13G is signed by /s/ Alexander Kachmar, identified as Managing Member of Bradley & Daytona Railway and Land Co. LLC, with the signature dated 02/19/2026 in the excerpt.

Does the filing report shared voting or dispositive power for the reported shares?

No. The filing records 0 shared voting power and 0 shared dispositive power; Bradley & Daytona reports sole voting and sole dispositive power over the 16,860 shares.

Is the Schedule 13G indicating a change in ownership or a transaction?

The document discloses current beneficial ownership of 16,860 shares representing 5.00% of the class as of 02/18/2026. It does not describe transaction terms, consideration, or whether a change occurred in the provided excerpt.