On January 5, 2026, Wheeler Real Estate Investment Trust processed a redemption request of 700 shares of Series D Preferred Stock, issuing approximately 13,974 shares of Common Stock for a total redemption price of about $42.20 per share. As of that date, 1,759,881 shares of Series D have been redeemed in total, with a conversion price adjustment for the 7.00% Subordinated Convertible Notes to approximately $1.16 per share, reflecting a 45% discount from the previous price.