Magnolia Capital Fund, Lp - Aug 29, 2024 Form 4 Insider Report for Wheeler Real Estate Investment Trust, Inc. (WHLRD)

Role
10%+ Owner
Signature
/s/ Adam K. Peterson on behalf of the Magnolia Capital Fund, LP by its General Partner, The Magnolia Group,LLC
Stock symbol
WHLRD
Transactions as of
Aug 29, 2024
Transactions value $
-$382,809
Form type
4
Date filed
9/3/2024, 06:28 PM
Previous filing
Aug 28, 2024
Next filing
Sep 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WHLRD Series D Cumulative Convertible Preferred Stock Sale -$68.9K -3.6K -1.15% $19.14 310K Aug 29, 2024 Direct F1, F2, F3
transaction WHLRD Series D Cumulative Convertible Preferred Stock Sale -$259K -13.5K -4.35% $19.16 297K Aug 30, 2024 Direct F1, F2, F4
transaction WHLRD Series D Cumulative Convertible Preferred Stock Sale -$55.2K -2.9K -0.98% $19.05 294K Sep 3, 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 293,789 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.
F3 This transaction was executed in multiple trades at prices ranging from $19.12 to $19.22. The price reported above reflects the weighted-average sale price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4 This transaction was executed in multiple trades at prices ranging from $19.05 to $19.25. The price reported above reflects the weighted-average sale price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.