# EDGAR Filing Document

**Accession Number:** 0001532619
**File Stem:** 0001019056-26-000048
**Filing Date:** 2026-2
**Character Count:** 15249
**Document Hash:** 6f9e4e2cc26bf9989adcf61f600fe56e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001019056-26-000048.hdr.sgml**: 20260225

**ACCESSION NUMBER**: 0001019056-26-000048

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20260225

**DATE AS OF CHANGE**: 20260225

**SUBJECT COMPANY**: 

**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

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-86617
- **FILM NUMBER:** 26676925

**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
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Bradley & Daytona Railway & Land Co. LLC
- **CENTRAL INDEX KEY:** 0002005138

**ORGANIZATION NAME:**
- **EIN:** 883766772
- **STATE OF INCORPORATION:** WY

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D

**BUSINESS ADDRESS:**
- **STREET 1:** PO BOX 251
- **CITY:** CROMWELL
- **STATE:** CT
- **ZIP:** 06416
- **BUSINESS PHONE:** 973-979-1329

**MAIL ADDRESS:**
- **STREET 1:** PO BOX 251
- **CITY:** CROMWELL
- **STATE:** CT
- **ZIP:** 06416

## Ex-99.A

**Exhibit 99a**

**SCHEDULE ATRANSACTIONS IN THE ISSUER'S SECURITIES DURING THE LAST 60 DAYS**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Transaction Description** | &nbsp;&nbsp;**Date of Transaction** | &nbsp;&nbsp; **Securities Purchased\*** | &nbsp;&nbsp;**Average Price Per Share\*\*** | &nbsp;&nbsp;**Trading Range of Transactions** | &nbsp;&nbsp;**Trading Range of Transactions** |
| &nbsp;&nbsp;**Transaction Description** | &nbsp;&nbsp;**Date of Transaction** | &nbsp;&nbsp; **Securities Purchased\*** | &nbsp;&nbsp;**Average Price Per Share\*\*** | &nbsp;&nbsp;**Min** | &nbsp;&nbsp;**Max** |
| &nbsp;&nbsp;Purchase of Series A Preferred Stock | &nbsp;&nbsp;12/26/2025 | &nbsp;&nbsp; 125 | &nbsp;&nbsp;$5.72 | &nbsp;&nbsp;$5.70 | &nbsp;&nbsp;$5.73 |
| &nbsp;&nbsp;Purchase of Series A Preferred Stock | &nbsp;&nbsp;12/29/2025 | &nbsp;&nbsp; 475 | &nbsp;&nbsp;$5.50 | &nbsp;&nbsp;$5.27 | &nbsp;&nbsp;$5.73 |
| &nbsp;&nbsp;Purchase of Series A Preferred Stock | &nbsp;&nbsp;12/30/2025 | &nbsp;&nbsp; 890 | &nbsp;&nbsp;$5.54 | &nbsp;&nbsp;$4.60 | &nbsp;&nbsp;$6.48 |
| &nbsp;&nbsp;Purchase of Series A Preferred Stock | &nbsp;&nbsp;12/31/2025 | &nbsp;&nbsp; 160 | &nbsp;&nbsp;$6.27 | &nbsp;&nbsp;$6.06 | &nbsp;&nbsp;$6.47 |
| &nbsp;&nbsp;Purchase of Series A Preferred Stock | &nbsp;&nbsp;1/2/2026 | &nbsp;&nbsp; 170 | &nbsp;&nbsp;$6.25 | &nbsp;&nbsp;$6.10 | &nbsp;&nbsp;$6.39 |
| &nbsp;&nbsp;Purchase of Series A Preferred Stock | &nbsp;&nbsp;1/5/2026 | &nbsp;&nbsp; 120 | &nbsp;&nbsp;$6.23 | &nbsp;&nbsp;$6.20 | &nbsp;&nbsp;$6.26 |
| &nbsp;&nbsp;Purchase of Series A Preferred Stock | &nbsp;&nbsp;1/6/2026 | &nbsp;&nbsp; 235 | &nbsp;&nbsp;$6.18 | &nbsp;&nbsp;$5.85 | &nbsp;&nbsp;$6.50 |
| &nbsp;&nbsp;Purchase of Series A Preferred Stock | &nbsp;&nbsp;1/7/2026 | &nbsp;&nbsp; 115 | &nbsp;&nbsp;$6.15 | &nbsp;&nbsp;$5.90 | &nbsp;&nbsp;$6.40 |
| &nbsp;&nbsp;Purchase of Series A Preferred Stock | &nbsp;&nbsp;1/8/2026 | &nbsp;&nbsp; 45 | &nbsp;&nbsp;$6.26 | &nbsp;&nbsp;$6.11 | &nbsp;&nbsp;$6.40 |
| &nbsp;&nbsp;Purchase of Series A Preferred Stock | &nbsp;&nbsp;1/9/2026 | &nbsp;&nbsp; 9 | &nbsp;&nbsp;$6.44 | &nbsp;&nbsp;$6.40 | &nbsp;&nbsp;$6.47 |
| &nbsp;&nbsp;Purchase of Series A Preferred Stock | &nbsp;&nbsp;1/12/2026 | &nbsp;&nbsp; 82 | &nbsp;&nbsp;$6.26 | &nbsp;&nbsp;$5.96 | &nbsp;&nbsp;$6.55 |
| &nbsp;&nbsp;Purchase of Series A Preferred Stock | &nbsp;&nbsp;1/13/2026 | &nbsp;&nbsp; 39 | &nbsp;&nbsp;$6.37 | &nbsp;&nbsp;$6.24 | &nbsp;&nbsp;$6.50 |
| &nbsp;&nbsp;Purchase of Series A Preferred Stock | &nbsp;&nbsp;1/14/2026 | &nbsp;&nbsp; 85 | &nbsp;&nbsp;$6.38 | &nbsp;&nbsp;$5.88 | &nbsp;&nbsp;$6.88 |
| &nbsp;&nbsp;Purchase of Series A Preferred Stock | &nbsp;&nbsp;1/15/2026 | &nbsp;&nbsp; 40 | &nbsp;&nbsp;$7.98 | &nbsp;&nbsp;$7.71 | &nbsp;&nbsp;$8.25 |
| &nbsp;&nbsp;Purchase of Series A Preferred Stock | &nbsp;&nbsp;1/16/2026 | &nbsp;&nbsp; 2665 | &nbsp;&nbsp;$8.92 | &nbsp;&nbsp;$8.19 | &nbsp;&nbsp;$9.65 |
| &nbsp;&nbsp;Purchase of Series A Preferred Stock | &nbsp;&nbsp;1/20/2026 | &nbsp;&nbsp; 1662 | &nbsp;&nbsp;$8.46 | &nbsp;&nbsp;$7.40 | &nbsp;&nbsp;$9.52 |
| &nbsp;&nbsp;Purchase of Series A Preferred Stock | &nbsp;&nbsp;1/21/2026 | &nbsp;&nbsp; 1178 | &nbsp;&nbsp;$9.07 | &nbsp;&nbsp;$8.68 | &nbsp;&nbsp;$9.46 |
| &nbsp;&nbsp;Purchase of Series A Preferred Stock | &nbsp;&nbsp;1/22/2026 | &nbsp;&nbsp; 188 | &nbsp;&nbsp;$8.95 | &nbsp;&nbsp;$8.89 | &nbsp;&nbsp;$9.00 |
| &nbsp;&nbsp;Purchase of Series A Preferred Stock | &nbsp;&nbsp;1/23/2026 | &nbsp;&nbsp; 298 | &nbsp;&nbsp;$8.79 | &nbsp;&nbsp;$8.50 | &nbsp;&nbsp;$9.08 |
| &nbsp;&nbsp;Purchase of Series A Preferred Stock | &nbsp;&nbsp;1/26/2026 | &nbsp;&nbsp; 149 | &nbsp;&nbsp;$9.00 | &nbsp;&nbsp;$8.89 | &nbsp;&nbsp;$9.10 |
| &nbsp;&nbsp;Purchase of Series A Preferred Stock | &nbsp;&nbsp;1/28/2026 | &nbsp;&nbsp; 187 | &nbsp;&nbsp;$8.43 | &nbsp;&nbsp;$7.76 | &nbsp;&nbsp;$9.10 |
| &nbsp;&nbsp;Purchase of Series A Preferred Stock | &nbsp;&nbsp;1/30/2026 | &nbsp;&nbsp; 31 | &nbsp;&nbsp;$8.52 | &nbsp;&nbsp;$8.52 | &nbsp;&nbsp;$8.52 |
| &nbsp;&nbsp;Purchase of Series A Preferred Stock | &nbsp;&nbsp;2/2/2026 | &nbsp;&nbsp; 272 | &nbsp;&nbsp;$8.69 | &nbsp;&nbsp;$8.57 | &nbsp;&nbsp;$8.82 |
| &nbsp;&nbsp;Purchase of Series A Preferred Stock | &nbsp;&nbsp;2/3/2026 | &nbsp;&nbsp; 46 | &nbsp;&nbsp;$8.72 | &nbsp;&nbsp;$8.72 | &nbsp;&nbsp;$8.72 |
| &nbsp;&nbsp;Purchase of Series A Preferred Stock | &nbsp;&nbsp;2/4/2026 | &nbsp;&nbsp; 430 | &nbsp;&nbsp;$8.63 | &nbsp;&nbsp;$8.61 | &nbsp;&nbsp;$8.65 |
| &nbsp;&nbsp;Purchase of Series A Preferred Stock | &nbsp;&nbsp;2/6/2026 | &nbsp;&nbsp; 12 | &nbsp;&nbsp;$8.00 | &nbsp;&nbsp;$8.00 | &nbsp;&nbsp;$8.00 |
| &nbsp;&nbsp;Purchase of Series A Preferred Stock | &nbsp;&nbsp;2/9/2026 | &nbsp;&nbsp; 1638 | &nbsp;&nbsp;$5.91 | &nbsp;&nbsp;$5.82 | &nbsp;&nbsp;$5.99 |
| &nbsp;&nbsp;Purchase of Series A Preferred Stock | &nbsp;&nbsp;2/13/2026 | &nbsp;&nbsp; 50 | &nbsp;&nbsp;$5.96 | &nbsp;&nbsp;$5.94 | &nbsp;&nbsp;$5.98 |
| &nbsp;&nbsp;Purchase of Series A Preferred Stock | &nbsp;&nbsp;2/17/2026 | &nbsp;&nbsp; 43 | &nbsp;&nbsp;$5.85 | &nbsp;&nbsp;$5.75 | &nbsp;&nbsp;$5.94 |
| &nbsp;&nbsp;Purchase of Series A Preferred Stock | &nbsp;&nbsp;2/18/2026 | &nbsp;&nbsp; 33 | &nbsp;&nbsp;$5.94 | &nbsp;&nbsp;$5.75 | &nbsp;&nbsp;$6.13 |
| &nbsp;&nbsp;Purchase of Series A Preferred Stock | &nbsp;&nbsp;2/20/2026 | &nbsp;&nbsp; 24 | &nbsp;&nbsp;$5.87 | &nbsp;&nbsp;$5.87 | &nbsp;&nbsp;$5.87 |

---

---

| |
|:---|
| &nbsp;&nbsp;\*Represents transactions made on the open market by the Reporting Persons. |
| &nbsp;&nbsp;\*\*The price reported is the average purchase price. These shares were purchased in multiple transactions at prices ranging between the "Min" and "Max" values included in the "Trading Range of Transactions" column. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above. |

---

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

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**Power REIT**

*(Name of Issuer)*

**Series A Cumulative Redeemable Perpetual Preferred Stock Liquidation Preference $25 per Share**

*(Title of Class of Securities)*

**73933H200**

*(CUSIP Number)*

**Alexander Kachmar**<br>Bradley & Daytona Railway and Land Co. L<br>5753 Highway, 85 N PMB 5974<br>Crestview FL 32536<br>973-979-1329

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**02/25/2026**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **73933H200** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Bradley & Daytona Railway and Land Co. LLC** | Name of reporting person<br>**Bradley & Daytona Railway and Land Co. LLC** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**WC** | Source of funds (See Instructions)<br>**WC** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**WYOMING** | Citizenship or place of organization<br>**WYOMING** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**16884.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**16884.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**16884.00** | Aggregate amount beneficially owned by each reporting person<br>**16884.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**5.01%** | Percent of class represented by amount in Row (11)<br>**5.01%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**OO** | Type of Reporting Person (See Instructions)<br>**OO** | |

---

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Series A Cumulative Redeemable Perpetual Preferred Stock Liquidation Preference $25 per Share

**(b) Name of Issuer:**
Power REIT

**(c) Address of Issuer's Principal Executive Offices:**
301 Winding Road, Old Bethpage, NY, 11804

**Item 4. Purpose of Transaction**

The Reporting Persons purchased the Series A Preferred Stock of the Issuer based on the Reporting Persons' belief that the Preferred Stock, when purchased, was undervalued and represented an attractive investment opportunity. The Reporting Persons beneficially own 5.01% of the outstanding Preferred Stock.

The Reporting Persons may elect to engage in discussions with the Issuer, including the management or Board of Trustees of the Issuer (the "Board"), and its representatives concerning the enhancement of shareholder value, which may include, but not be limited to: (1) sale of all or some of the Issuer's assets (including, but not limited to, sales of the Issuer's assets to the Reporting Persons, affiliates of the Reporting Persons or other third parties); (2) improvements to the Issuer's balance sheets through strategies including but not limited to recapitalization (including through the issuance or issuances of new securities of the Issuer); (3) improvements to the Issuer's corporate governance practices; (4) proposing appointments of new members to the Issuer's Board or management team in connection with a repositioning of the Issuer's operations and business strategy; and/or (5) pursuit of other strategic alternatives. The Reporting Persons may desire to, and, if the Issuer agrees, enter into, confidentiality or similar agreements with the Issuer to facilitate such discussions. There can be no certainty as to whether discussions will occur, or, if they do, the outcome of such discussions. The Reporting Persons may determine to accelerate or terminate discussions with the Issuer concerning topics related to the enhancement of shareholder value or change the Reporting Persons' intentions with respect to any such matters, in each case, at any time and without prior notice.

The Reporting Persons intend to review their investment in the Issuer on a continuing basis and depending on various factors, including without limitation, the Issuer's governance, compliance with its responsibilities to its shareholders, its financial position and strategic direction, the outcome of any discussions referenced above, overall market conditions, other available investment opportunities, and the availability of securities of the Issuer at prices that would make the purchase or sale of such securities desirable.  The Reporting Persons may in the future take such actions with respect to their investment in the Issuer on terms and at such times as they deem appropriate. These actions may include, without limitation, acquiring additional shares of the Series A Preferred Stock, or of the common stock par value $0.001 per share of the Issuer ("Common Stock"), or disposing of some or all of his holdings of securities of the Issuer, including through a trading plan created under Rule 10b5-1(c) or otherwise, on such terms and at such times as the Reporting Persons may deem advisable. In addition, the Reporting Persons may, at any time and from time to time, (i) review or reconsider their position and/or change the purpose and/or formulate plans or proposals with respect thereto, and (ii) propose or consider one or more the actions described in subparagraphs (a)-(j) of Item 4 of Schedule 13D. 4.

**Item 5. Interest in Securities of the Issuer**

**(a)**
The Reporting Persons may be deemed to beneficially own 16,884 shares of the Issuer's Series A Preferred Stock, representing 5.01% of the Issuer's outstanding Series A Preferred Stock, which is calculated based on 336,944 shares of Series A Preferred Stock outstanding as of September 30, 2025, as disclosed by the Issuer in its Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, filed with the SEC on October 24, 2025.

**(b)**
The Reporting Persons has sole voting and dispositive power of 16,884 shares of Series A Preferred Stock. The Reporting Person does not share any voting or dispositive power with respect to his ownership of the Series A Preferred Stock.

**(c)**
The transactions in the Series A Preferred Stock by the Reporting Person during the past sixty days are set forth in Schedule A below and are incorporated herein by reference.

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

Not applicable.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Bradley & Daytona Railway and Land Co. LLC

**Signature:** /s/ Alexander Kachmar

**Name/Title:** Managing Member of Bradley & Daytona Railway and Land Co. LLC

**Date:** 02/25/2026