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Power REIT shareholders elect trustees and ratify auditor at annual meeting

Published 27/08/2025, 22:38
Power REIT shareholders elect trustees and ratify auditor at annual meeting
PW
3.12%
PW_pa
5.26%

Power REIT (NYSE:PW), currently trading at $1.63 with a market capitalization of $5.53 million, held its 2025 annual meeting of shareholders on Wednesday. According to a press release statement based on the company’s SEC filing, shareholders elected all four nominees to the Board of Trustees for a one-year term. The elected trustees are David H. Lesser, Patrick R. Haynes, III, William S. Susman, and Dionisio D’Aguilar.

The voting results for each trustee were as follows:

  • David H. Lesser: 1,340,888 votes for, 110,723 withheld, 666,148 non-broker votes.
  • Patrick R. Haynes, III: 1,348,270 votes for, 103,341 withheld, 666,148 non-broker votes.
  • William S. Susman: 1,325,140 votes for, 126,471 withheld, 666,148 non-broker votes.
  • Dionisio D’Aguilar: 1,349,125 votes for, 102,486 withheld, 666,148 non-broker votes.

Shareholders also ratified MaloneBailey LLP as Power REIT’s independent registered public accounting firm for fiscal year 2025. The vote on this proposal was 1,994,099 in favor, 93,812 against, and 29,848 abstentions.

Power REIT is a real estate investment trust incorporated in Maryland, with common shares and 7.75% Series A Cumulative Redeemable Perpetual Preferred Stock (NYSE:PW.A) listed on the NYSE American exchange. According to InvestingPro, the company has shown strong momentum with a 28% price return over the past six months, though it maintains a weak overall financial health score.

All information is based on the company’s recent SEC filing and press release statement.

In other recent news, Power REIT has announced its 2025 annual meeting of shareholders is scheduled for August 27, 2025. The company has set July 28, 2025, as the record date to determine which shareholders are entitled to receive notice and vote at the meeting. This announcement was made in a press release included in a U.S. Securities and Exchange Commission filing. Power REIT stated that it will send notice and proxy materials separately to shareholders of record. These developments provide important information for investors regarding their participation in the upcoming meeting.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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