---
schema_version: "secwatch.filing_event.v1"
accession: "0001527541-26-000060"
form_type: "8-K"
ticker: "WHLR"
cik: "0001527541"
company_name: "Wheeler Real Estate Investment Trust, Inc."
filed_at: "2026-03-06T23:59:59+00:00"
generated_at: "2026-05-15T18:39:40.890631+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 convertible note conversion price to $1.04 after Series D redemptions

## Summary
- Conversion price of 7.00% subordinated notes due 2031 cut to ~$1.04/share (24.12 shares per $25 principal) after Series D conversions at $1.88.
- March 2026: 6,502 Series D shares redeemed at ~$41.72 each (incl. accrued dividends), settled with 143,914 common shares.
- Cumulative: 1,777,083 Series D shares redeemed since program launch, with ~393,000 common shares issued.
- As of March 6, 2026: 1,433,983 common shares and 1,640,295 Series D shares outstanding.
- Next Series D redemption deadline: March 25, 2026; next holder redemption date: April 6, 2026.

## SEC filing metadata
- accession: 0001527541-26-000060
- form_type: 8-K
- ticker: WHLR
- cik: 0001527541
- company_name: Wheeler Real Estate Investment Trust, Inc.
- filed_at: 2026-03-06T23:59:59+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/1527541/000152754126000060/0001527541-26-000060-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527541/000152754126000060/whlr-20260305.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001527541-26-000060
- JSON: https://secwatch.observer/filing/0001527541-26-000060.json
- Plain text: https://secwatch.observer/filing/0001527541-26-000060.txt

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