---
schema_version: "secwatch.filing_event.v1"
accession: "0001527541-26-000018"
form_type: "8-K"
ticker: "WHLR"
cik: "0001527541"
company_name: "Wheeler Real Estate Investment Trust, Inc."
filed_at: "2026-02-06T23:59:59+00:00"
generated_at: "2026-05-16T04:04:54.201729+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Wheeler REIT adjusts Note conversion price to $2.60 after Series D redemptions in Feb 2026

## Summary
- Conversion price of 7% Subordinated Convertible Notes due 2031 adjusted to approx. $2.60 per share, a 45% discount to the $4.72 VWAP.
- February 2026: redeemed 10,700 Series D shares at ~$42.35/share; settled with 95,904 common shares.
- Cumulative redemptions: 1,770,581 Series D shares redeemed, issuing ~249,000 common shares.
- As of Feb 6, 2026: 790,739 common shares and 1,577,898 Series D preferred shares outstanding.
- Next redemption deadline: Feb 25, 2026; March redemption date March 5, 2026.

## SEC filing metadata
- accession: 0001527541-26-000018
- form_type: 8-K
- ticker: WHLR
- cik: 0001527541
- company_name: Wheeler Real Estate Investment Trust, Inc.
- filed_at: 2026-02-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527541/000152754126000018/0001527541-26-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527541/000152754126000018/whlr-20260205.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001527541-26-000018
- JSON: https://secwatch.observer/filing/0001527541-26-000018.json
- Plain text: https://secwatch.observer/filing/0001527541-26-000018.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.