---
schema_version: "secwatch.filing_event.v1"
accession: "0001527541-26-000091"
form_type: "8-K"
ticker: "WHLR"
cik: "0001527541"
company_name: "Wheeler Real Estate Investment Trust, Inc."
filed_at: "2026-04-07T23:59:59+00:00"
generated_at: "2026-05-15T07:00:50.014596+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Wheeler REIT adjusts convertible note conversion price to $0.57 after Series D redemptions

## Summary
- Conversion price of 7% Subordinated Convertible Notes due 2031 adjusted to ~$0.57 (45% discount to $1.04).
- April 2026: 5,200 Series D preferred shares redeemed at ~$41.28 each, settled via 207,066 common shares.
- Cumulatively, 1,782,283 Series D shares redeemed for ~600,000 common shares issued to date.
- As of Apr 6, 2026: 1,813,124 common shares and 1,715,095 Series D shares outstanding.
- Next redemption deadline Apr 27, 2026; holder redemption date May 5, 2026.

## SEC filing metadata
- accession: 0001527541-26-000091
- form_type: 8-K
- ticker: WHLR
- cik: 0001527541
- company_name: Wheeler Real Estate Investment Trust, Inc.
- filed_at: 2026-04-07T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527541/000152754126000091/0001527541-26-000091-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527541/000152754126000091/whlr-20260406.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001527541-26-000091
- JSON: https://secwatch.observer/filing/0001527541-26-000091.json
- Plain text: https://secwatch.observer/filing/0001527541-26-000091.txt

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