Magnetar Financial LLC 4

What Happened Magnetar Financial LLC — disclosed as a 10% owner through multiple affiliated investment vehicles — sold a total of 93,500 shares of Wheeler Real Estate Investment Trust, Inc. (WHLR) in open‑market/private sales between April 10 and April 14, 2026. The sales break down as: 1,413 shares at a weighted avg ~$0.83 ($1,178) on Apr 10; 87,177 shares at a weighted avg ~$0.86 ($74,615) on Apr 13; and 4,910 shares at a weighted avg ~$0.77 ($3,760) on Apr 14. Total proceeds reported are roughly $79,553. These were disposals (sales), not purchases.

Key Details

• Transaction dates and reported weighted average prices:
  • Apr 10, 2026 — 1,413 shares @ $0.83 (weighted avg) — $1,178 (F4 notes range $0.83–$0.85)
  • Apr 13, 2026 — 87,177 shares @ $0.86 (weighted avg) — $74,615 (F5 notes range $0.83–$1.02)
  • Apr 14, 2026 — 4,910 shares @ $0.77 (weighted avg) — $3,760 (F6 notes range $0.75–$0.78)
• Total sold: 93,500 shares for ~ $79,553.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Notable footnotes:
  • F1–F3: Magnetar Financial acts as investment manager/general partner/manager for several Magnetar vehicles that hold the shares; organizational parents and an individual (David J. Snyderman) are disclosed; the entities disclaim beneficial ownership except for pecuniary interest.
  • F4–F6: Prices are weighted averages; sales occurred in multiple transactions within the stated price ranges and the reporting persons will provide per‑price breakdowns on request.
• Filing timeliness: Filing date Apr 14, 2026; no late‑filing flag was provided in the supplied data.

Context

• This was institutional selling by a 10% owner (investment manager and affiliated vehicles), not an individual executive—such trades reflect portfolio-level actions rather than a CEO/CFO decision. Sales generally provide less direct bullish signal than purchases.
• Transactions were open‑market/private sales (code S) — no option exercises, awards, or gifts involved.