Wheeler REIT (NASDAQ: WHLR) Rule 144 filing lists Series B preferred sale

Rhea-AI Filing Summary

Wheeler REIT, Inc. submitted a Rule 144 notice relating to sales of its Series B Convertible Preferred Stock through Raymond James & Associates.

The excerpt lists numeric entries including 25,000, 250,750, and 2,613,608 alongside the date 06/26/2026, and shows 817,085 shares received in lieu of interest on 01/03/2023. The filing names Nasdaq as the market venue.

Insights

Capital Markets Attorney

Routine Rule 144 notice documenting proposed resale of preferred shares.

The filing records a proposed sale of Series B Convertible Preferred Stock through Raymond James & Associates and lists several numeric entries (for example, 25,000 and 250,750). The item appears administrative rather than transformative.

Timing and exact proceeds treatment are not specified in the excerpt; subsequent transaction details and transfer timing would appear in trade reports or later disclosures.

Key Figures

Broker-listed quantity example: 25,000 shares Additional numeric entry: 250,750 Larger numeric entry: 2,613,608 +2 more

5 metrics

Broker-listed quantity example 25,000 shares line item in excerpt associated with broker Raymond James

Additional numeric entry 250,750 numeric entry on same line as other share counts

Larger numeric entry 2,613,608 numeric entry shown alongside date <date>06/26/2026</date>

Shares received in lieu of interest 817,085 shares received in lieu of interest payment on <date>01/03/2023</date>

Document date/venue reference 06/26/2026 date shown adjacent to numeric entries and Nasdaq venue

Key Terms

Series B Convertible Preferred Stock, Rule 144 notice, received in lieu of interest, Raymond James & Associates, Inc.

4 terms

Series B Convertible Preferred Stock financial

"Wheeler REIT, Inc. Series B Convertible Preferred Stock"

Series B convertible preferred stock is a class of shares sold during a later-stage private financing that combines features of a loan and common stock: it usually pays priority dividends or has a priority claim if the company is sold, and it can be converted into common shares under predefined rules. Investors care because these shares affect ownership stakes and payout order—like having a reserved place in line and a ticket that can turn into regular ownership—so they influence potential returns and dilution for other shareholders.

Rule 144 notice regulatory

"144: Securities To Be Sold"

A Rule 144 notice is a public filing that an insider or holder of restricted stock submits when they plan to sell shares that aren’t freely tradable yet; it lists how many shares they intend to sell and under what conditions. For investors, it matters because it signals potential insider selling and an upcoming increase in shares available to the market—similar to someone announcing a big garage sale, which can affect supply and price expectations.

received in lieu of interest financial

"Shares received in lieu of interest payment"

Raymond James & Associates, Inc. other

"Raymond James & Associates, Inc. 880 Carillon Parkway"

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Available on EDGAR 06/26/2026 - 08:14 AM Accepted by SEC EDGAR 06/26/2026 - 08:13 AM Learn about SEC filing dates

FAQ

What does Wheeler REIT's Rule 144 filing (WHLR) report?

It reports a proposed resale of Series B Convertible Preferred Stock through Raymond James & Associates. The excerpt lists amounts such as 25,000, 250,750, and 2,613,608, and names Nasdaq as the market venue.

Does the filing show shares issued as interest for WHLR?

Yes; the excerpt shows 817,085 shares were received in lieu of an interest payment on 01/03/2023. That figure appears as a historical issuance entry in the provided lines.

Who is the broker-dealer handling the proposed sales in the WHLR filing?

The broker-dealer listed is Raymond James & Associates, Inc. with an address noted in St. Petersburg, Florida. The filing pairs that broker identification with the listed share figures.

Is the filing evidence of completed sales for WHLR?

No; the excerpt is a Rule 144 notice indicating proposed resale activity. The lines show proposed quantities and related entries but do not state completed trade executions or proceeds.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Wheeler REIT, Inc. Series B Convertible Preferred Stock	Raymond James & Associates, Inc. 880 Carillon Parkway St. Petersburg FL 33716	25000	250750	2613608	06/26/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Wheeler REIT, Inc. Series B Convertible Preferred Stock	01/03/2023	Shares received in lieu of interest payment	Wheeler Real Estate Investment Trust, Inc.			817085	01/03/2023	Interest payment received

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)