---
schema_version: "secwatch.filing_event.v1"
accession: "0001527541-26-000399"
form_type: "8-K"
ticker: "WHLR"
cik: "0001527541"
company_name: "Wheeler Real Estate Investment Trust, Inc."
filed_at: "2026-10-19T20:06:22+00:00"
generated_at: "2026-10-19T20:07:03.082284+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Wheeler REIT swaps 13,750 preferred shares for 517,000 common shares; exchanged preferred retired

## Summary
- Wheeler agreed on Oct 13, 2026 to issue 517,000 common shares to an unaffiliated holder for 11,000 Series B and 2,750 Series D preferred shares.
- Exchange ratio: 188 common shares per Series D share, paired with 4 Series B shares per Series D share (2,750 x 188 = 517,000 common).
- No cash proceeds; the surrendered Series B and Series D preferred shares have been retired and cancelled, removing their dividend and liquidation claims.
- Common stock issued under the Section 3(a)(9) exemption as an exchange with an existing holder; no commissions or solicitation payments made.
- Transaction expected to settle on customary settlement cycles; 8-K signed by CEO M. Andrew Franklin and dated Oct 19, 2026.

## SEC filing metadata
- accession: 0001527541-26-000399
- form_type: 8-K
- ticker: WHLR
- cik: 0001527541
- company_name: Wheeler Real Estate Investment Trust, Inc.
- filed_at: 2026-10-19T20:06:22+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527541/000152754126000399/0001527541-26-000399-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527541/000152754126000399/whlr-20261013.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001527541-26-000399
- JSON: https://secwatch.observer/filing/0001527541-26-000399.json
- Plain text: https://secwatch.observer/filing/0001527541-26-000399.txt

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