STILWELL JOSEPH

Filed: 6/30/2026ACC: 0001213900-26-073610

InsiderSTILWELL JOSEPHCIK 1113303

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IssuerWHEELER REAL ESTATE INVESTMENT TRUST, INC.CIK 1527541

Director

Since Dec 2019

-25K

Net shares

Net seller

$0.00

Total acquired

Open market trades

0B · 0S

Total transactions

25K disposed

Non-Derivative Transactions0

No non-derivative transactions reported

Derivative Transactions2

Series B Convertible Preferred Stock

Indirect

S · Sale

Converts to

Common Stock

0.00 shares

−11.11K

Strike price

14515200000

Held after

72.38K

Exercisable

—

6/26/2026

Series B Convertible Preferred Stock

Indirect

S · Sale

Converts to

Common Stock

0.00 shares

−13.89K

Strike price

14515200000

Held after

90.56K

Exercisable

—

6/26/2026

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Series B Convertible Preferred Stock Indirect	Common Stock0.00 shares	6/26/2026	S · Sale	−11.11K	14515200000	—	72.38K
Series B Convertible Preferred Stock Indirect	Common Stock0.00 shares	6/26/2026	S · Sale	−13.89K	14515200000	—	90.56K

Non-Derivative Holdings (Post-Transaction)4

Common Stock

Indirect

Shares owned2.00

Common Stock

Indirect

Shares owned1.22K

Common Stock

Indirect

Shares owned118.00

Common Stock

Indirect

Shares owned245.00

Total

1.58K indirect1.58K

Security Title	Shares Owned	Ownership Type
Common Stock	2.00	Indirect
Common Stock	1.22K	Indirect
Common Stock	118.00	Indirect
Common Stock	245.00	Indirect
Total	1.58K	1.58K indirect

Derivative Holdings (Post-Transaction)9

7.00% Subordinated Convertible Notes due 2031

Indirect

Underlying security

Common Stock

Underlying shares

6.19M

Shares owned

N/A

Exercise price

2.77

Expiration

—

Exercise window

—

7.00% Subordinated Convertible Notes due 2031

Indirect

Underlying security

Common Stock

Underlying shares

903.97K

Shares owned

N/A

Exercise price

2.77

Expiration

—

Exercise window

—

Series D Cumulative Convertible Preferred Stock

Indirect

Underlying security

Common Stock

Underlying shares

0.00

Shares owned

15.80K

Exercise price

6154444800

Expiration

—

Exercise window

—

7.00% Subordinated Convertible Notes due 2031

Indirect

Underlying security

Common Stock

Underlying shares

424.88K

Shares owned

N/A

Exercise price

2.77

Expiration

—

Exercise window

—

Series D Cumulative Convertible Preferred Stock

Indirect

Underlying security

Common Stock

Underlying shares

0.00

Shares owned

19.10K

Exercise price

6154444800

Expiration

—

Exercise window

—

Series D Cumulative Convertible Preferred Stock

Indirect

Underlying security

Common Stock

Underlying shares

0.00

Shares owned

2.29K

Exercise price

6154444800

Expiration

—

Exercise window

—

Series D Cumulative Convertible Preferred Stock

Indirect

Underlying security

Common Stock

Underlying shares

0.00

Shares owned

108.95K

Exercise price

6154444800

Expiration

—

Exercise window

—

Series B Convertible Preferred Stock

Indirect

Underlying security

Common Stock

Underlying shares

0.00

Shares owned

547.52K

Exercise price

14515200000

Expiration

—

Exercise window

—

7.00% Subordinated Convertible Notes due 2031

Indirect

Underlying security

Common Stock

Underlying shares

289.32K

Shares owned

N/A

Exercise price

2.77

Expiration

—

Exercise window

—

Total

Underlying

7.81M

Owned

693.66K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
7.00% Subordinated Convertible Notes due 2031 Indirect	Common Stock	2.77	—	—	6.19M	N/A
7.00% Subordinated Convertible Notes due 2031 Indirect	Common Stock	2.77	—	—	903.97K	N/A
Series D Cumulative Convertible Preferred Stock Indirect	Common Stock	6154444800	—	—	0.00	15.80K
7.00% Subordinated Convertible Notes due 2031 Indirect	Common Stock	2.77	—	—	424.88K	N/A
Series D Cumulative Convertible Preferred Stock Indirect	Common Stock	6154444800	—	—	0.00	19.10K
Series D Cumulative Convertible Preferred Stock Indirect	Common Stock	6154444800	—	—	0.00	2.29K
Series D Cumulative Convertible Preferred Stock Indirect	Common Stock	6154444800	—	—	0.00	108.95K
Series B Convertible Preferred Stock Indirect	Common Stock	14515200000	—	—	0.00	547.52K
7.00% Subordinated Convertible Notes due 2031 Indirect	Common Stock	2.77	—	—	289.32K	N/A
Total					7.81M	693.66K