Stilwell Joseph sold WHLR
March 18, 2026 · Form 4 insider transaction
Stilwell Joseph sold 13,470 shares of Wheeler Real Estate Investment Trust, Inc. at $6.96 per share, a transaction worth $93.7K. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
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 0.00000002 shares of the Issuer's common stock (a conversion price of $1,209,600,000 per share of common stock). Series B Preferred Stock has no expiration date.; This Form 4 reports the following sales of Series B Preferred Stock on March 18, 2026: (i) SAI sold 13,470 shares at $6.9593 per share, and (ii) SVP VII sold 12,530 shares at $6.9593 per share.; 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"), which is the general partner of SAI. Joseph Stilwell disclaims beneficial ownership of all securities reported as owned indirectly except to the extent of his pecuniary interest therein.