Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
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- Peter Lynch
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
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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 Bradley & Daytona Railway and Land Co. L, 5753 Highway, 85 N PMB 5974 Crestview, FL, 32536 973-979-1329 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
04/23/2026 (Date of Event Which Requires Filing of This Statement) |
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the
Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other
provisions of the Act (however, see the Notes).
SCHEDULE 13D
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| CUSIP No. | 73933H200 |
| 1 |
Name of reporting person
Bradley & Daytona Railway and Land Co. LLC | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b)
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| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
WC | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
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| 6 | Citizenship or place of organization
WYOMING
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
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| 11 | Aggregate amount beneficially owned by each reporting person
20,680.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
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| 13 | Percent of class represented by amount in Row (11)
6.14 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
OO |
Comment for Type of Reporting Person:
This Amendment No. 1 to Schedule 13D ("Amendment No. 1") amends and supplements the Schedule 13D originally filed with the U.S. Securities and Exchange Commission (the "SEC") on February 25, 2026 (as amended and supplemented, the "Schedule 13D"). Unless otherwise indicated, all capitalized terms used but not defined herein shall have the meanings ascribed to them in the Schedule 13D. This Amendment No. 1 is being filed to make amendments to the Schedule 13D as follows:
SCHEDULE 13D
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| 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,
NEW YORK
, 11804. |
| Item 5. | Interest in Securities of the Issuer |
| (a) |
The Reporting Persons may be deemed to beneficially own 20,680 shares of the Issuer's Series A Preferred Stock, representing 6.14% 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 December 31, 2025, as disclosed by the Issuer in its Annual Report on Form 10-K for the year ended December 31, 2025, filed with the SEC on March 31, 2026. |
| (b) | The Reporting Persons has sole voting and dispositive power of 20,680 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 since the filing of the original Schedule 13D on February 25, 2026, are set forth in Exhibit 99.A and are incorporated herein by reference. |
| Item 7. | Material to be Filed as Exhibits. |
Exhibit 99.A - Transactions in the Issuer's Securities Since Schedule 13D Filing on February 25, 2026 |
| 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.
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