POSNER HENRY III 4

What Happened
Henry Posner III, a reported 10% owner of Power REIT (PW), purchased 2,548 shares in an open-market/private purchase on January 28, 2026. The filing reports a weighted-average price of $8.41 per share for a total transaction value of about $21,433. This was a purchase (acquisition), which is generally viewed as a more informative insider action than a routine sale.

Key Details

• Transaction date: 2026-01-28; Form 4 filed 2026-01-30 (filed two days after the trade).
• Reported price: weighted average $8.41; purchases occurred at prices ranging $8.35–$8.50 (see footnote).
• Shares acquired: 2,548; total reported value ≈ $21,433.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnote: the $8.41 is a weighted average; the filer says they can provide a breakdown of the number of shares bought at each price within the $8.35–$8.50 range upon request.
• Insider status: Posner is a 10% owner — a large stakeholder rather than a routine executive trade.

Context
This was a straight purchase (transaction code P), not an option exercise, gift, or withholding event. Purchases by large holders can signal confidence, but they do not by themselves prove future company performance. The filing appears timely (two days after the trade), and no special plans (e.g., 10b5-1) or tax-withholding notes were reported in the excerpt.