---
schema_version: "secwatch.filing_event.v1"
accession: "0001527541-26-000360"
form_type: "8-K"
ticker: "WHLR"
cik: "0001527541"
company_name: "Wheeler Real Estate Investment Trust, Inc."
filed_at: "2026-09-29T20:39:36+00:00"
generated_at: "2026-10-12T13:51:33.099958+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Wheeler REIT issues common for 119,211 Series B/D preferred shares, including Stilwell swaps

## Summary
- Sept 8, 2026: issued 189,200 common shares to an unaffiliated holder for 4,400 Series B and 1,100 Series D preferred (about 21,022 shares post 1-for-9 reverse split).
- Sept 23, 2026: issued 162,244 common shares to an unaffiliated holder for 41,061 Series B preferred, at 4 common shares per preferred share.
- Stilwell Investors (Stilwell Activist Investments/Fund, Stilwell Associates) received 566,670 common shares for 58,120 Series B and 14,530 Series D preferred in two exchanges.
- Joseph Stilwell, a Wheeler board member, is managing member and owner of Stilwell Value LLC, general partner of each Stilwell Investor.
- No cash proceeds were received; all exchanged preferred shares were retired and cancelled, and the issuances relied on the Section 3(a)(9) exemption.

## SEC filing metadata
- accession: 0001527541-26-000360
- form_type: 8-K
- ticker: WHLR
- cik: 0001527541
- company_name: Wheeler Real Estate Investment Trust, Inc.
- filed_at: 2026-09-29T20:39:36+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527541/000152754126000360/0001527541-26-000360-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527541/000152754126000360/whlr-20260923.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001527541-26-000360
- JSON: https://secwatch.observer/filing/0001527541-26-000360.json
- Plain text: https://secwatch.observer/filing/0001527541-26-000360.txt

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