MAGNOLIA CAPITAL FUND, LP - 31 Jul 2024 Form 4 Insider Report for Wheeler Real Estate Investment Trust, Inc. (WHLR)

Role: 10%+ Owner
Signature: /s/ Adam K. Peterson on behalf of the Magnolia Capital Fund, LP by its General Partner, The Magnolia Group,LLC
Issuer symbol: WHLR
Transactions as of: 31 Jul 2024
Net transactions value: -$127,000
Form type: 4
Filing time: 02 Aug 2024, 17:28:36 UTC
Previous filing: 21 Dec 2022
Next filing: 14 Aug 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WHLR	Series D Cumulative Convertible Preferred Stock	Sale	$59,100	-3,000	-0.92%	$19.70	324,662	31 Jul 2024	Direct	F1, F2
transaction	WHLR	Series D Cumulative Convertible Preferred Stock	Sale	$67,900	-3,500	-1.1%	$19.40	321,162	01 Aug 2024	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	All of the reported shares are directly owned by Magnolia Capital Fund, LP, of which The Magnolia Group, LLC ("TMG") is the general partner and investment manager. Adam K. Peterson("Mr. Peterson") is the managing member of TMG. TMG and Mr. Peterson could both be deemed to share indirect beneficial ownership of 321,162 shares of Series D Preferred Stock of Wheeler Real Estate Investment Trust, Inc.
F2	TMG and Mr. Peterson disclaim beneficial ownership except to the extent of their respective pecuniary interests therein, and this report shall not be deemed an admission of beneficial ownership of these securities for Section 16 or for any other purposes.

Content

All of the reported shares are directly owned by Magnolia Capital Fund, LP, of which The Magnolia Group, LLC ("TMG") is the general partner and investment manager. Adam K. Peterson("Mr. Peterson") is the managing member of TMG. TMG and Mr. Peterson could both be deemed to share indirect beneficial ownership of 321,162 shares of Series D Preferred Stock of Wheeler Real Estate Investment Trust, Inc.

TMG and Mr. Peterson disclaim beneficial ownership except to the extent of their respective pecuniary interests therein, and this report shall not be deemed an admission of beneficial ownership of these securities for Section 16 or for any other purposes.