# EDGAR Filing Document

**Accession Number:** 0001532619
**File Stem:** 0001042634-25-000015
**Filing Date:** 2025-12
**Character Count:** 9385
**Document Hash:** 897e6aa31adc412c857fccf84095e854
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001042634-25-000015.hdr.sgml**: 20251229

**ACCESSION NUMBER**: 0001042634-25-000015

**CONFORMED SUBMISSION TYPE**: 3

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251219

**FILED AS OF DATE**: 20251229

**DATE AS OF CHANGE**: 20251229

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** POSNER HENRY III
- **CENTRAL INDEX KEY:** 0001042634

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-36312
- **FILM NUMBER:** 251607190

**MAIL ADDRESS:**
- **STREET 1:** 535 SMITHFIELD STREET
- **STREET 2:** SUITE 960
- **CITY:** PITTSBURGH
- **STATE:** PA
- **ZIP:** 15222
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Power REIT
- **CENTRAL INDEX KEY:** 0001532619
- **STANDARD INDUSTRIAL CLASSIFICATION:** REAL ESTATE INVESTMENT TRUSTS [6798]
- **ORGANIZATION NAME:** 05 Real Estate & Construction
- **EIN:** 453116572
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 301 WINDING ROAD
- **CITY:** OLD BETHPAGE
- **STATE:** NY
- **ZIP:** 11804
- **BUSINESS PHONE:** 212-750-0373

**MAIL ADDRESS:**
- **STREET 1:** 301 WINDING ROAD
- **CITY:** OLD BETHPAGE
- **STATE:** NY
- **ZIP:** 11804

## Ex-24

```

POWER OF ATTORNEY

      The undersigned, Henry Posner III, hereby constitutes and appoints John
Hensler, Briar McNutt and Grace Balian, and each of them acting individually
with full power of substitution, as the undersigned's true and lawful
attorney-in-fact to:

(1)	Obtain credentials (including codes or passwords) to enable the undersigned
to submit and file documents, forms and information required by Sections 16(a)
of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or any
rule or regulation of the U.S. Securities and Exchange Commission (the "SEC")
via the Electronic Data Gathering and Retrieval ("EDGAR") system, including
(ii) preparing, executing in the undersigned's name and on the undersigned's
behalf, and submitting to the SEC any documents necessary or appropriate to
obtain such credentials and legally bind the undersigned for purpose of such
documents; and (ii) enrolling the undersigned in EDGAR Next or any successor
filing system;

(2)	Act as an account administrator for the undersigned's EDGAR account,
including: (i) appointing, removing and replacing account administrators,
technical administrators, account users, and delegated entities; (ii)
maintaining the security of the undersigned's EDGAR account, including
modification of access codes; (iii) maintaining, modifying and certifying the
accuracy of information on the undersigned's EDGAR account dashboard; and (iv)
taking any other actions contemplated by Rule 10 of Regulation S-T;

(3)	Execute for and on behalf of the undersigned any and all Forms 3, 4 and/or
5 (including amendments thereto) in accordance with Section 16(a) of the
Exchange Act with respect to the undersigned's holdings of and transactions
in the securities issued by Power REIT, a Maryland-domiciled, real estate
investment trust (the "Company"), and any Notice of Proposed Sale of
Securities on Form 144 (and any amendments thereto) in accordance with Rule
144 under the Securities Act of 1933, as amended (the "Securities Act");

(4)	Do and perform any and all acts for and on behalf of the undersigned that
may be necessary or desirable to complete and execute any Form 3, 4 or 5 and
any such Form 144 (including amendments thereto) and timely file the forms or
schedules with the SEC and any stock exchange or quotation system,
self-regulatory association or any other authority, and provide a copy as
required by law or advisable to such persons as the attorney-in-fact deems
appropriate; and

(5)	Take any other action in connection with the foregoing that, in the opinion
of the attorney-in-fact, may be of benefit to, in the best interest of or
legally required of the undersigned, it being understood that the documents
executed by the attorney-in-fact on behalf of the undersigned pursuant to this
Power of Attorney shall be in the form and shall contain the terms and
conditions as the attorney-in-fact may approve in the attorney-in-fact's
discretion.

The undersigned hereby grants to the attorney-in-fact full power and authority
to do and perform all and every act requisite, necessary or proper to be done
in the exercise of any of the rights and powers granted herein, as fully to
all intents and purposes as the undersigned might or could do if personally
present, with full power of substitution or revocation, hereby ratifying and
confirming all that the attorney-in-fact shall lawfully do or cause to be done
by virtue of this Power of Attorney and the rights and powers granted herein.

The undersigned acknowledges that the attorney-in-fact, in serving in such
capacity at the request of the undersigned, are not assuming any of the
undersigned's responsibilities to comply with Section 16 of the Exchange Act
or any provision of Rule 144 under the Securities Act.  The undersigned agrees
that the attorney-in-fact may rely entirely on information furnished orally
or in writing by or at the direction of the undersigned to the
attorney-in-fact.

This Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file Forms 3, 4 or 5 (including amendments
thereto) with respect to the undersigned's holdings of and transactions in
securities issued by the Company, unless earlier revoked by the undersigned
in a signed writing delivered to the attorney-in-fact. This Power of Attorney
does not revoke any other power of attorney that the undersigned has previously
granted.

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be
executed as of the date written below.

Signed and Acknowledged:			/s/ Henry Posner III
						Henry Posner III

Dated:						12/10/25

COMMONWEALTH OF PENNSYLVANIA	)
				)	ss:
COUNTY OF ALLEGHENY		)

On December 10th, 2025, before me, the undersigned officer, personally appeared
Henry Posner III, known to me (or satisfactorily proved) to be the person
whose name is subscribed to the within instrument, and acknowledged that he
executed the same for the purposes therein contained.

In witness whereof, I hereunto set my hand and official seal.

      /s/ Tammy L. Stevenson
      Notary Public

My commission Expires: July 28, 2027
Commission Number: 1173599

```

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 3

### INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>POSNER HENRY III<br><sub>(Last) (First) (Middle)</sub><br>535 SMITHFIELD STREET<br>SUITE 960<br><sub>(Street)</sub><br>PITTSBURGH, PA 15222<br><sub>(City) (State) (Zip)</sub> | **3. Issuer Name and Ticker or Trading Symbol**<br>Power REIT [ PW ] | **5. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  |
| **2. Date of Event Requiring Statement (Month/Day/Year)**<br>2025-12-19 | **4. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director   [X] 10% Owner<br>[ ] Officer (give title below)   [ ] Other (specify below)<br>_ _ | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities Beneficially Owned

---

|  |  |  |  |
| --- | --- | --- | --- |
| 1. Title of Security | 2. Amount of Securities Beneficially Owned | 3. Ownership Form | 4. Nature of Indirect Beneficial Ownership |
| Common Stock | 340000 | D |  |

---

## Table II - Derivative Securities Beneficially Owned

---

|  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Underlying Securities | 3. Title and Amount of Underlying Securities | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
|  |  |  |  |  |  |  |  |

---

**Remarks:**
See Exhibit 24.1 - Power of Attorney

**Signature:** /s/ Briar McNutt as Attorney-in-Fact for Henry Posner III  
**Date:** 2025-12-29

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**