Magnetar Financial LLC 4

What Happened
Magnetar Financial LLC, reported as a 10% owner and investment manager for several Magnetar vehicles, sold a total of 23,088 shares of Wheeler Real Estate Investment Trust, Inc. (WHLR) in three dispositions. The transactions were: 3,332 shares on 2026-04-01 at a weighted average $0.95 ($3,154); 13,253 shares on 2026-04-02 at a weighted average $0.93 ($12,301); and 6,503 shares on 2026-04-06 at a weighted average $0.92 (~$6,005). Total proceeds across the three sales were about $21,460. These were sales (not purchases), which are often routine for institutional holders.

Key Details

• Transaction dates and reported weighted-average prices:
  • 2026-04-01 — 3,332 sh @ $0.95 (range reported 0.94–0.95; see footnote F4) — ~$3,154
  • 2026-04-02 — 13,253 sh @ $0.93 (range reported 0.92–0.93; see F5) — ~$12,301
  • 2026-04-06 — 6,503 sh @ $0.92 (range reported 0.92–0.94; see F6) — ~$6,005
• Total shares sold: 23,088; total proceeds: ≈ $21,460.
• Shares owned after transaction: not specified in the information provided.
• Notable footnotes:
  • F1–F3 describe Magnetar Financial’s role as manager/investment manager for several entities (the “Magnetar Vehicles”), and that the various entities and individuals disclaim beneficial ownership except for pecuniary interest.
  • F4–F6 explain the prices reported are weighted averages and give the price ranges for the multiple trades; full price-by-trade breakdowns are available upon request.
• Filing timeliness: Form 4 was filed 2026-04-06. Under the SEC’s two-business-day rule, these disclosures appear to have been filed timely.

Context
This is institutional selling by a reported 10% owner and manager of multiple funds, not an individual executive. Sales of this modest dollar amount (~$21.5K) are generally routine and do not, by themselves, indicate management sentiment. Purchases are often more informative for retail investors; no purchases or option exercises are reported in this filing.