Transaction · 0001213900-26-103642

Stilwell Joseph

Stilwell Joseph, DIR, reported a transaction classified as return at Wheeler Real Estate Investment Trust, Inc. involving 26603.000000 shares. Reported holdings after the transaction were 496185.000000 shares. A 10b5-1 reference was not detected in the stored filing text.

returnSEC transaction code DDIR
WHLRWheeler Real Estate Investment Trust, Inc.
Filing timeSep 25
Trade dateSep 23, 2026
Filing · SECView on SEC
InsiderProfile
% of reported position tradedUnavailableNot calculated for derivative securities.

Row-level estimate for this security and ownership context, not the insider’s complete portfolio. Joint ownership, other transactions in the filing, amendments and footnotes can affect interpretation.

Price performance since filing

Close on the filing date, the pre-filing context, and the forward return at standard windows
Price at filing
$5.20
Pre-filing
1mo ago -93.1%1w ago -92.7%1d ago -64.0%
Returns since
7d +0.0%30d +0.0%90d +0.0%180d +0.0%1y +0.0%

WHLR price since this filing

30 days of pre-filing context and vertical markers at the filing date plus 7d / 30d / 90d / 180d / 1y afterwards
WHLR since 2026-09-25Filed 2 days ago · 30 days of pre-filing context shaded
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Filing datePost-filing windows (7d, 30d, 90d, 180d, 1y)30 days of pre-filing context

Transaction facts

Stored Form 4 columns with their raw values

Derivative
Type
return
Code D
Identifier
0001213900-26-103642
Series B Convertible Preferred Stock
Transaction date
Sep 23, 2026
Filed Sep 25, 2026, 10:48 PM · 2d delay
Shares
26.6k sh
Price unknown
Estimated value
—
Computed from shares × price
Holdings after
496k sh
Indirect · See footnote

Filing warnings

Notes recorded with this filing
1 warning
missing priceThe filing did not provide a usable price per share.

Filing signal explanations

Badges describe filing facts only — not predictions.

Cluster 14dRepeat 30dPattern $100kLarge $1.00M
Derivative Transaction
-20score
Filing-only score

-20

Compact filing score computed from stored Form 4 facts. Version v1.

Low filing signal

This filing has a meaningfully negative filing-only score. It is likely less useful as a positive insider-activity signal.

Reported relationships & other filings

Form 4 relationship flags and nearby filing context

Reported roles

No officer title

Officer NoDirector Yes10% YesOther No
Footnotes & amended
  1. F1F2F3F4(4 footnotes)

    These securities are owned directly by Stilwell Activist Investments, L.P. ("SAI") and indirectly by Joseph Stilwell in his capacity as the managing member and owner of Stilwell Value LLC ("Value"), w…

  2. F5

    On September 23, 2026, the Issuer agreed to issue to SAI 184,655 shares of the Issuer's common stock ("Common Stock") in exchange for 24,730 shares of the Issuer's Series B Preferred Stock ("Series B…

  3. F6

    On September 23, 2026, the Issuer agreed to issue to SAI 257,902 shares of Common Stock in exchange for 26,603 shares of Series B Preferred Stock and 6,575 shares of Series D Preferred Stock held by S…

  4. F7

    On September 23, 2026, the Issuer agreed to issue to SAF 25,516 shares of Common Stock in exchange for 3,270 shares of Series B Preferred Stock and 491 shares of Series D Preferred Stock held by SAF (…

  5. F8

    On September 23, 2026, the Issuer agreed to issue to SAF 35,768 shares of Common Stock in exchange for 3,517 shares of Series B Preferred Stock and 955 shares of Series D Preferred Stock held by SAF (…

  6. F9

    On September 23, 2026, the Issuer agreed to issue to SA 62,829 shares of Common Stock in exchange for 3,222 shares of Series D Preferred Stock held by SA (the "SA Exchange"). The Issuer did not receiv…

  7. F10

    The Issuer's 7.00% Subordinated Convertible Notes due 2031 (the "Notes") are convertible, in whole or in part, at any time, at the option of the holders thereof, into shares of Common Stock at a conve…

  8. F11

    Interest on the Notes may be payable, at the Issuer's election, in cash, in shares of Series B Preferred Stock or in shares of Series D Preferred Stock, in each case as set forth in the Notes. The num…

  9. F12

    Each share of Series D Preferred Stock is convertible, in whole or in part, at any time, at the option of the holders thereof, into 0.00000000002 shares of Common Stock (a conversion price of $1,107,8…

  10. F13F19(2 footnotes)

    The preferred stock disposition was pursuant to the First SAI Exchange.

  11. F14F20(2 footnotes)

    The preferred stock disposition was pursuant to the Second SAI Exchange.

  12. F15F21(2 footnotes)

    The preferred stock disposition was pursuant to the First SAF Exchange.

  13. F16F22(2 footnotes)

    The preferred stock disposition was pursuant to the Second SAF Exchange.

  14. F17

    The preferred stock disposition was pursuant to the SA Exchange.

  15. F18

    Each share of Series B Preferred Stock is convertible, in whole or in part, at any time, at the option of the holders thereof, into 0.000000000001 shares of Common Stock (a conversion price of $2,612,…

Original filing · 0001213900-26-103642
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Same reporting owner
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