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Stilwell Joseph's Form 4 filing

Wheeler Real Estate Investment Trust, Inc. (WHLR) · filed Jun 13, 2025

Accession no.
0001213900-25-054414
Filed
Jun 13, 2025, 7:00 PM ET
Trade date
Jun 11-12, 2025
Filing delay
2 days
Rule 10b5-1 plan
Not checked

This filing lists 3 non-derivative transactions and 6 derivative transactions. It was filed 2 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Stilwell JosephCIK 0001113303Director, 10% Owner
Stilwell Associates, L.P.CIK 000091396010% Owner
Stilwell Value LLCCIK 000139707610% Owner
Stilwell Value Partners VII, L.P.CIK 000155593110% Owner
Stilwell Activist Fund, L.P.CIK 000156445210% Owner
Stilwell Activist Investments, L.P.CIK 000157372010% Owner

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Jun 11, 2025Common StockCConversionAcquired+405,580$2.82+$1,143,451.69405,812Indirect
Jun 11, 2025Common StockCConversionAcquired+42,564$2.82+$120,000.6942,599Indirect
Jun 11, 2025Common StockCConversionAcquired+88,333$2.82+$249,037.2388,399Indirect

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Jun 11, 2025Common StockCConversionDisposed−405,580–F8––Indirect
Jun 11, 2025Common StockCConversionDisposed−42,564–F8––Indirect
Jun 11, 2025Common StockCConversionDisposed−88,333–F8––Indirect
Jun 12, 2025Common StockSSaleDisposed0$33.23−$438,355.969,306Indirect
Jun 12, 2025Common StockSSaleDisposed0$33.23−$62,897.589,944Indirect
Jun 12, 2025Common StockSSaleDisposed0$33.23−$80,208.5312,683Indirect

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F8

On June 11, 2025, the Reporting Person submitted to the Issuer a notice to convert the Notes into shares of the Issuer's common stock at a conversion price of $2.819312 per share (8.867413 common shares for each $25.00 of principal amount of the Notes being converted) in accordance with the terms of the Indenture.

Referenced by the price of 3 transactions in Table II.

Read the full filing on SEC EDGAR (opens in a new tab)