Henry Posner III, who owns approximately 10% of Power REIT, completed two purchases of the company's 7.75% Series A Cumulative Redeemable Perpetual Preferred Stock on February 6, 2026. The combined transactions amounted to 24,633 preferred shares and totaled $162,928 in value.
The purchases were executed in two tranches. The first tranche consisted of 5,420 shares acquired at a weighted average price of $5.9838 per share. The second tranche comprised 19,213 shares bought at a weighted average price of $6.7921 per share. After these additions to his position, Posner directly holds 34,000 shares of Power REIT.
At the time of the transactions, Power REIT's common stock was trading at $0.97 and the company had a micro-cap market capitalization of $3.16 million. Independent valuation analysis referenced in the company context indicates the stock is trading near its Fair Value, albeit with high volatility.
From a liquidity perspective, the company's reported current ratio is 7.45, suggesting that liquid assets materially exceed short-term liabilities. That balance-sheet metric is notable given the preferred purchases occurred while the firm maintains a relatively high short-term liquidity buffer.
Investors should be aware that Power REIT is scheduled to report earnings on February 25, 2026. The upcoming results could influence market activity in both the common and preferred shares.
Contextual note: The transactions described relate specifically to the 7.75% Series A Cumulative Redeemable Perpetual Preferred Stock and do not alter the stated coupon rate or the perpetual character of the instrument.