Magnetar Financial LLC 4

What Happened
Magnetar Financial LLC, disclosed as a 10% owner of Wheeler Real Estate Investment Trust, sold a total of 18,166 shares of WHLR in open-market transactions between March 27 and March 31, 2026. The sales were: 3,685 shares on 2026-03-27 at a weighted avg. $1.04 ($3,823), 2,103 shares on 2026-03-30 at a weighted avg. $0.97 ($2,045), and 12,378 shares on 2026-03-31 at a weighted avg. $0.93 ($11,516). Total reported proceeds were approximately $17,384. These were sales (dispositions), not purchases.

Key Details

• Transaction dates and reported weighted-average prices:
  • 2026-03-27 — 3,685 shares @ $1.04 (≈ $3,823)
  • 2026-03-30 — 2,103 shares @ $0.97 (≈ $2,045)
  • 2026-03-31 — 12,378 shares @ $0.93 (≈ $11,516)
• Total shares sold: 18,166; total proceeds: ≈ $17,384.
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Footnotes of note:
  • F1–F3: Magnetar Financial acts as investment manager/general partner for several Magnetar-managed vehicles that hold the shares; Magnetar Capital Partners and related entities are disclosed; the parties disclaim beneficial ownership except for pecuniary interests.
  • F4–F6: Reported prices are weighted averages; sales occurred in multiple transactions across price ranges (specified per footnote).
• Filing: Report filed 2026-03-31, covering trades through 2026-03-31; appears timely based on provided dates.

Context
These transactions were made by an institutional 10% holder (Magnetar-managed vehicles), not an individual company executive. Institutional sales can reflect portfolio rebalancing or liquidity needs and are not by themselves a clear signal of company prospects. The filing’s footnotes clarify managerial relationships and price ranges; no option exercises, awards, or 10b5-1 plans were indicated in the provided excerpt.