Henry Posner III - 14 Jan 2026 Form 4/A - Amendment Insider Report for Power REIT (PW)

Role
10%+ Owner
Signature
/s/ Briar McNutt as Attorney-in-Fact for Henry Posner III
Issuer symbol
PW
Transactions as of
14 Jan 2026
Net transactions value
+$35,025
Form type
4/A - Amendment
Filing time
10 Feb 2026, 14:00:47 UTC
Date Of Original Report
16 Jan 2026
Previous filing
29 Dec 2025
Next filing
30 Jan 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
POSNER HENRY III 10%+ Owner 535 SMITHFIELD STREET, SUITE 960, PITTSBURGH /s/ Briar McNutt as Attorney-in-Fact for Henry Posner III 10 Feb 2026 0001042634

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PW 7.75% Series A Cum. Red. Perpetual Preferred Stock Purchase $23,429 +3,300 $7.10* 3,300 14 Jan 2026 Direct F1, F2, F3
transaction PW 7.75% Series A Cum. Red. Perpetual Preferred Stock Purchase $11,596 +1,497 +45% $7.75* 4,797 15 Jan 2026 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The 7.75% Series A Cumulative Redeemable Perpetual Preferred Stock Liquidation Preference $25 per Share ("Series A Preferred Stock") may be convertible into shares of the common stock of Power REIT (the "Issuer") only upon the occurrence of certain material events outside the control of the reporting person, including a "Change of Control" and a "Delisting Event" (each as defined in the Series A Preferred Stock Articles Supplementary), provided that the Issuer has not earlier delivered notice of the Issuer's election to redeem such shares of Series A Preferred Stock.
F2 If it becomes convertible as noted in footnote (1), one share of Series A Preferred Stock may be converted into a number of shares of common stock equal to the lesser of: (i) the quotient obtained by dividing the sum of $25 plus any accrued and unpaid dividends by (x) the cash consideration per share of common stock received in the Change of Control if cash is the sole consideration received or (y) the average of the closing price per share of common stock on the 10 consecutive trading days immediately preceding the effective date of the Change of Control (if any consideration other than cash is received by holders of common stock) or the effective date of the Delisting Event, as applicable; or (ii) 5. The trading symbol for the Series A Preferred Stock is PW.A.
F3 This amendment has been filed to include footnotes (1) and (2) explaining the conversion feature of the Series A Preferred Stock. The reporting person's Form 4 reports filed on 01/16/2026, 01/30/2026 and 02/04/2026 did not include footnotes (1) and (2).
F4 The price reported in column 4 is a weighted average price. These 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.