Stilwell Joseph's Form 4 filing
Wheeler Real Estate Investment Trust, Inc. (WHLR) · filed Oct 2, 2026
- Accession no.
- 0001213900-26-106486
- Filed
- Oct 2, 2026, 5:07 PM ET
- Trade date
- Sep 30, 2026
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 3 non-derivative transactions and 7 derivative transactions. Open-market sales total $15.15. 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.
| Owner | Relationship to the company |
|---|---|
| Stilwell JosephCIK 0001113303 | Director, 10% Owner |
| Stilwell Associates, L.P.CIK 0000913960 | 10% Owner |
| Stilwell Value LLCCIK 0001397076 | 10% Owner |
| Stilwell Value Partners VII, L.P.CIK 0001555931 | 10% Owner |
| Stilwell Activist Fund, L.P.CIK 0001564452 | 10% Owner |
| Stilwell Activist Investments, L.P.CIK 0001573720 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Sep 30, 2026 | Common Stock | AGrant or awardAcquired | +142,015 | –F5 | – | 584,578 | Indirect | |
| Sep 30, 2026 | Common Stock | SSaleDisposed | −5 | $3.03 | −$15.15 | 584,573 | Indirect | |
| Sep 30, 2026 | Common Stock | AGrant or awardAcquired | +19,685 | –F7 | – | 80,969 | Indirect |
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.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Sep 30, 2026 | Common Stock | PPurchaseAcquired | +78,128 | $1,287,410.00F10 | – | – | Indirect | Price outlier |
| Sep 30, 2026 | Common Stock | SSaleDisposed | −165,424 | $2,725,865.00F11 | – | – | Indirect | Price outlier |
| Sep 30, 2026 | Common Stock | PPurchaseAcquired | +14,985 | $246,925.00F12 | – | – | Indirect | Price outlier |
| Sep 30, 2026 | Common Stock | DReturned to the companyDisposed | 0 | –F14 | – | 121,302 | Indirect | |
| Sep 30, 2026 | Common Stock | DReturned to the companyDisposed | 0 | –F15 | – | 17,688 | Indirect | |
| Sep 30, 2026 | Common Stock | DReturned to the companyDisposed | 0 | –F17 | – | 469,288 | Indirect | |
| Sep 30, 2026 | Common Stock | DReturned to the companyDisposed | 0 | –F18 | – | 61,693 | Indirect |
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.
- F5
On September 30, 2026, the Issuer agreed to issue to SAI 142,015 shares of the Issuer's common stock ("Common Stock") in exchange for 26,897 shares of the Issuer's Series B Preferred Stock ("Series B Preferred Stock") and 6,801 shares of the Issuer's Series D Cumulative Convertible Preferred Stock ("Series D Preferred Stock") held by SAI (the "Third SAI Exchange"). The Issuer did not receive any cash proceeds in the Third SAI Exchange.
Referenced by the price of 1 transaction in Table I.
- F7
On September 30, 2026, the Issuer agreed to issue to SAF 19,685 shares of Common Stock in exchange for 3,903 shares of Series B Preferred Stock and 899 shares of Series D Preferred Stock held by SAF (the "Third SAF Exchange"). The Issuer did not receive any cash proceeds in the Third SAF Exchange.
Referenced by the price of 1 transaction in Table I.
- F10
The price reported in Column 8 is an aggregate purchase price. These Notes were purchased at a price of $85.00 per $25.00 of aggregate principal amount.
Referenced by the price of 1 transaction in Table II.
- F11
The price reported in Column 8 is an aggregate purchase price. These Notes were sold at a price of $85.00 per $25.00 of aggregate principal amount.
Referenced by the price of 1 transaction in Table II.
- F12
The price reported in Column 8 is an aggregate purchase price. These Notes were purchased at a price of $85.00 per $25.00 of aggregate principal amount.
Referenced by the price of 1 transaction in Table II.
- F14
The preferred stock disposition was pursuant to the Third SAI Exchange.
Referenced by the price of 1 transaction in Table II.
- F15
The preferred stock disposition was pursuant to the Third SAF Exchange.
Referenced by the price of 1 transaction in Table II.
- F17
The preferred stock disposition was pursuant to the Third SAI Exchange.
Referenced by the price of 1 transaction in Table II.
- F18
The preferred stock disposition was pursuant to the Third SAF Exchange.
Referenced by the price of 1 transaction in Table II.