13D Filings
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Power REIT
PW
Initial Filing
Ownership

5.00%

Total Shares

171,000

Issuer CIK

1532619

CUSIP

73933H101

Event Date

Nov 23, 2025

Accepted

Dec 1, 2025, 01:46 PM

SEC EDGARView Original Filing
Reporting Persons (1)
NameType% of ClassAggregateSole VotingShared Voting
POSNER HENRY III
Individual
5.00%171,000171,0000
Disclosure Items (7)

Security Title

Common Stock, par value $0.001 per share

Issuer Name

Power REIT

Issuer Address

301 WINDING ROAD, OLD BETHPAGE, NY, 11804

Filing Persons

This Schedule 13D is being filed by Henry Posner III, an individual and citizen of the United States of America (the "Reporting Person").

Business Address

The business address of the Reporting Person is 535 Smithfield Street, Suite 960, Pittsburgh, Pennsylvania 15222.

Principal Occupation

The principal occupation of the Reporting Person is Chairman of Railroad Development Corporation, with an address of 535 Smithfield Street, Suite 960, Pittsburgh, Pennsylvania 15222.

Convictions

During the past five years, the Reporting Person has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction, as a result of which he has become or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to them.

Citizenship

USA

The aggregate purchase price of the 171,000 shares of Common Stock reported on this Schedule 13D as beneficially owned by the Reporting Person is approximately $105,043.00, including brokerage commission. Such shares were acquired with the Reporting Person's personal funds.

The Reporting Person purchased the shares of Common Stock based on the Reporting Person's belief that the shares, when purchased, were undervalued and represented an attractive investment opportunity. Except as otherwise disclosed in this Schedule 13D, the Reporting Person does not currently have any plan or proposal that would result in or relate to any of the matters described in subparagraphs (a) through (j) of Item 4 of Schedule 13D. The Reporting Person intends to review his investment in the Issuer on a continuing basis. Depending on various factors, including without limitation the Issuer's financial condition and strategic direction, actions taken by its board of directors, the market price of the Common Stock, alternative investment opportunities, conditions in the securities markets, and general economic and industry developments, the Reporting Person may in the future take such actions with respect to his investment in the Issuer on terms and at such times as he deems appropriate. These actions may include, without limitation, acquiring additional shares of Common Stock, disposing of some or all of his holdings in Common Stock, engaging in discussions with the Issuer's management, board of directors, other shareholders, or third parties concerning the Issuer, and/or modifying his intentions with respect to any or all matters referred to in Item 4 of Schedule 13D. The Reporting Person may also take steps to explore and prepare for various plans and actions, and propose transactions, before forming an intention to engage in such plans or actions or proceed with such transactions.

Percentage of Class

The Reporting Person may be deemed to beneficially own 171,000 shares of the Issuer's Common Stock, representing 5.0% of the Issuer's outstanding Common Stock, which is calculated based on 3,389,661 shares of Common Stock outstanding as of October 22, 2025, as disclosed by the Issuer in its Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, filed with the Securities and Exchange Commission on October 24, 2025.

Number of Shares

The Reporting Person has sole voting and dispositive power of 171,000 shares of Common Stock. The Reporting Person does not share any voting or dispositive power with respect to his ownership of the Issuer's Common Stock.

Transactions

The transactions in the shares of the Issuer's Common Stock by the Reporting Person during the past 60 days are set forth in Exhibit 99.1 hereto and are incorporated herein by reference. All such transactions were effected in the open market.

Shareholders

Not applicable.

Date of 5% Ownership

Not applicable.

Not applicable.

Exhibit Number Description 99.1 Transactions in the Issuer's Common Stock During the Past 60 Days 99.2 Power of Attorney by Henry Posner III for Executing Schedule 13D and Schedule 13G