secwatch.observer — SEC 8-K summary
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Issuer:     Wheeler Real Estate Investment Trust, Inc. (WHLR)
CIK:        0001527541
Form:       8-K
Filed at:   2026-10-19T20:06:22+00:00
Accession:  0001527541-26-000399
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 3.02
LLM model:  deepseek-v4.1-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527541/000152754126000399/0001527541-26-000399-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527541/000152754126000399/whlr-20261013.htm
  HTML page:      https://secwatch.observer/filing/0001527541-26-000399

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