← United States · Coverage record
US · SEC FORM 4
Wheeler Real Estate Investment Trust, Inc.
WHLR · Nasdaq · CIK 0001527541 · Real Estate · REIT—Retail
INSIDER SIGNAL
39.5 / 100
1 buyers · 7 purchase transaction lines · $109.3K gross purchase
WHY THIS SIGNAL?
Buyer breadthLow
Purchase sizeLow
RoleModerate
RecencyModerate
ConvictionModerate
Score anatomy
Each bar shows the contribution to the current score; the weights and formula stay unchanged.
Cluster+7.0 / 35
Purchase size+6.6 / 25
Role+14.0 / 20
Recency+5.1 / 10
Conviction+6.8 / 10
What is holding the score back?
- ⚠ Cluster breadth is moderate · 1 insider(s), not 4+
- ⚠ Purchase size is modest relative to the model scale
- ⚠ Role scores low · most senior buyer: TenPercentOwner (CEO, chair and 10% owners score lowest)
- ⚠ Buying conviction is reduced by concurrent selling
Purchase-size comments are relative to the model scale. Average daily volume is a separate market-context diagnostic.
US-v1.2 ranks qualifying equity purchases under the current 180-day rules. The score is a research priority, not a return forecast or probability. Backtests have not shown that a higher US score is followed by better returns.
Purchase breadth & concentration
QUALIFYING BUYERS1
PURCHASE CONCENTRATION100%Largest buyer: HRT FINANCIAL LP · $109.3K
CLUSTER BUYING · 15D1 insiderPeak activity: 2026-06-30–2026-07-07
Roles in the peak window: TenPercentOwner. Concentration uses priced qualifying P lines only and does not change the saved score.
Insider activity timeline
Owner lanes show the latest 180 days. Symbol shape identifies the transaction type; sales remain context only.
AprMayJunJulAugSepOct
HRT FINANCIAL LPTenPercentOwner
●●●●●▼●●▼
Stilwell Activist Fund, L.P.; Stilwell Activist Investments, L.P.; Stilwell Associates, L.P.; Stilwell Joseph; Stilwell Value LLC; Stilwell Value Partners VII, L.P.Director,TenPercentOwner; TenPercentOwner
○○▼
● Purchase▼ Sale○ Other
—
SIGNAL HISTORY
39.5 / 100
Latest recorded score
↓ -0.1 ptsversus the previous recorded snapshot
- 40.0
- 39.9
- 39.8
- 39.6
- 39.5
Only scores saved when a full US scoring run completed are shown; gaps are not reconstructed.
Recent Form 4 activity
7Purchases
17Sales
9Other Form 4 lines
14SEC filings · 365 days
BUYING7 qualifying P line(s) · 180 days
SELLING3 sale line(s) · context only
OTHER7 exercise / withholding / award / gift / other lines
10b5-1 / PLANNEDNot detected in parsed evidence
P is an open-market or private purchase. S is a sale. M, F, A and G usually describe exercises, tax withholding, awards and gifts. These categories remain visually separate.
Market context
Market context has not been captured for this ticker yet. The daily market-context job processes the US universe in rotating batches.
Short interest
Short interest is external context reported to FINRA by broker-dealers. It does not affect the Insider Signal.
- Shares short
- 231,968
- Previous report
- 258,807
- Avg daily volume
- 11,401,721
- Days to cover
- ≤ 1.0
FINRA settlement date: 2026-09-30 · Captured 2026-10-12 · FINRA equity short interest ↗. A share count, published about a week after each of two settlement dates a month; not a percentage of shares outstanding.
Historical equity purchases
Qualifying code P transactions in the local Form 4 history, including purchases outside the current signal window.
| Transaction date | Reporting owner | Type | Security | Shares | Avg. price | Approx. value | Source |
|---|---|---|---|---|---|---|---|
| 2026-09-09 | HRT FINANCIAL LP | Purchase (P) | Common Stock | 11,253 | USD 0.38 | USD 4,276 | SEC filing ↗ |
| 2026-09-08 | HRT FINANCIAL LP | Purchase (P) | Common Stock | 8,197 | USD 0.39 | USD 3,197 | SEC filing ↗ |
| 2026-07-07 | HRT FINANCIAL LP | Purchase (P) | Common Stock | 40,591 | USD 0.61 | USD 24,761 | SEC filing ↗ |
| 2026-07-06 | HRT FINANCIAL LP | Purchase (P) | Common Stock | 21,703 | USD 0.08 | USD 1,736 | SEC filing ↗ |
| 2026-07-02 | HRT FINANCIAL LP | Purchase (P) | Common Stock | 17,348 | USD 1.39 | USD 24,114 | SEC filing ↗ |
| 2026-07-01 | HRT FINANCIAL LP | Purchase (P) | Common Stock | 14,698 | USD 1.14 | USD 16,756 | SEC filing ↗ |
| 2026-06-30 | HRT FINANCIAL LP | Purchase (P) | Common Stock | 24,997 | USD 1.38 | USD 34,496 | SEC filing ↗ |
| 2024-12-31 | Douglas Russell Palmer; Hahn Andrew; Ursa Fund Management, LLC; Ursa Fund Partners LP | Purchase (P) | Series D Cummulative Preferred | 3,600 | USD 27.12 | USD 97,632 | SEC filing ↗ |
| 2024-12-30 | Douglas Russell Palmer; Hahn Andrew; Ursa Fund Management, LLC; Ursa Fund Partners LP | Purchase (P) | Series D Cummulative Preferred | 7,300 | USD 26.73 | USD 195,129 | SEC filing ↗ |
| 2024-12-20 | Douglas Russell Palmer; Hahn Andrew; Ursa Fund Management, LLC; Ursa Fund Partners LP | Purchase (P) | Series D Cummulative Preferred | 4,399 | USD 26.13 | USD 114,946 | SEC filing ↗ |
| 2024-12-19 | Douglas Russell Palmer; Hahn Andrew; Ursa Fund Management, LLC; Ursa Fund Partners LP | Purchase (P) | Series D Cummulative Preferred | 13,901 | USD 25.10 | USD 348,915 | SEC filing ↗ |
| 2024-12-12 | Douglas Russell Palmer; Hahn Andrew; Investment Opportunities 14 Segregated Portfolio; Ursa Fund Management, LLC; Ursa Fund Partners LP | Purchase (P) | Series D Cummulative Preferred | 32,066 | USD 25.11 | USD 805,177 | SEC filing ↗ |
| 2024-12-03 | Douglas Russell Palmer; Hahn Andrew; Investment Opportunities 14 Segregated Portfolio; Ursa Fund Management, LLC; Ursa Fund Partners LP | Purchase (P) | Series D Cummulative Preferred | 1,500 | USD 26.49 | USD 39,736 | SEC filing ↗ |
| 2024-12-02 | Douglas Russell Palmer; Hahn Andrew; Investment Opportunities 14 Segregated Portfolio; Ursa Fund Management, LLC; Ursa Fund Partners LP | Purchase (P) | Series D Cummulative Preferred | 7,350 | USD 26.17 | USD 192,353 | SEC filing ↗ |
| 2024-11-25 | Douglas Russell Palmer; Hahn Andrew; Investment Opportunities 14 Segregated Portfolio; Ursa Fund Management, LLC; Ursa Fund Partners LP | Purchase (P) | Series D Cummulative Preferred | 3,110 | USD 25.01 | USD 77,794 | SEC filing ↗ |
Form 4 evidence
33 transaction lines in the latest 365-day window; 171 in local history.
| Date | Owner | Type | Security | Shares | Avg. price | Approx. value | Source |
|---|---|---|---|---|---|---|---|
| 2026-09-30 | Stilwell Activist Fund, L.P.; Stilwell Activist Investments, L.P.; Stilwell Associates, L.P.; Stilwell Joseph; Stilwell Value LLC; Stilwell Value Partners VII, L.P. | Sale (S) | Common Stock | 5 | USD 3.03 | USD 15 | SEC filing ↗ |
| 2026-09-30 | Stilwell Activist Fund, L.P.; Stilwell Activist Investments, L.P.; Stilwell Associates, L.P.; Stilwell Joseph; Stilwell Value LLC; Stilwell Value Partners VII, L.P. | Award / grant (A) | Common Stock | 161,700 | USD — | USD — | SEC filing ↗ |
| 2026-09-23 | Stilwell Activist Fund, L.P.; Stilwell Activist Investments, L.P.; Stilwell Associates, L.P.; Stilwell Joseph; Stilwell Value LLC; Stilwell Value Partners VII, L.P. | Award / grant (A) | Common Stock | 566,670 | USD — | USD — | SEC filing ↗ |
Show recent Form 4 evidence (28 grouped rows)
| Date | Owner | Type | Security | Shares | Avg. price | Approx. value | Source |
|---|---|---|---|---|---|---|---|
| 2026-09-30 | Stilwell Activist Fund, L.P.; Stilwell Activist Investments, L.P.; Stilwell Associates, L.P.; Stilwell Joseph; Stilwell Value LLC; Stilwell Value Partners VII, L.P. | Sale (S) | Common Stock | 5 | USD 3.03 | USD 15 | SEC filing ↗ |
| 2026-09-30 | Stilwell Activist Fund, L.P.; Stilwell Activist Investments, L.P.; Stilwell Associates, L.P.; Stilwell Joseph; Stilwell Value LLC; Stilwell Value Partners VII, L.P. | Award / grant (A) | Common Stock | 161,700 | USD — | USD — | SEC filing ↗ |
| 2026-09-23 | Stilwell Activist Fund, L.P.; Stilwell Activist Investments, L.P.; Stilwell Associates, L.P.; Stilwell Joseph; Stilwell Value LLC; Stilwell Value Partners VII, L.P. | Award / grant (A) | Common Stock | 566,670 | USD — | USD — | SEC filing ↗ |
| 2026-09-10 | HRT FINANCIAL LP | Sale (S) | Common Stock | 5,048 | USD 0.37 | USD 1,868 | SEC filing ↗ |
| 2026-09-09 | HRT FINANCIAL LP | Purchase (P) | Common Stock | 11,253 | USD 0.38 | USD 4,276 | SEC filing ↗ |
| 2026-09-08 | HRT FINANCIAL LP | Purchase (P) | Common Stock | 8,197 | USD 0.39 | USD 3,197 | SEC filing ↗ |
| 2026-07-08 | HRT FINANCIAL LP | Sale (S) | Common Stock | 66,584 | USD 0.49 | USD 32,626 | SEC filing ↗ |
| 2026-07-07 | HRT FINANCIAL LP | Purchase (P) | Common Stock | 40,591 | USD 0.61 | USD 24,761 | SEC filing ↗ |
| 2026-07-06 | HRT FINANCIAL LP | Purchase (P) | Common Stock | 21,703 | USD 0.08 | USD 1,736 | SEC filing ↗ |
| 2026-07-02 | HRT FINANCIAL LP | Purchase (P) | Common Stock | 17,348 | USD 1.39 | USD 24,114 | SEC filing ↗ |
| 2026-07-01 | HRT FINANCIAL LP | Purchase (P) | Common Stock | 14,698 | USD 1.14 | USD 16,756 | SEC filing ↗ |
| 2026-06-30 | HRT FINANCIAL LP | Purchase (P) | Common Stock | 24,997 | USD 1.38 | USD 34,496 | SEC filing ↗ |
| 2026-04-15 | Magnetar Capital Partners LP; Magnetar Financial LLC; Snyderman David J.; Supernova Management LLC | Sale (S) | Common Stock | 3,127 | USD 0.80 | USD 2,502 | SEC filing ↗ |
| 2026-04-14 | Magnetar Capital Partners LP; Magnetar Financial LLC; Snyderman David J.; Supernova Management LLC | Sale (S) | Common Stock | 4,910 | USD 0.77 | USD 3,781 | SEC filing ↗ |
| 2026-04-13 | Magnetar Capital Partners LP; Magnetar Financial LLC; Snyderman David J.; Supernova Management LLC | Sale (S) | Common Stock | 87,177 | USD 0.86 | USD 74,972 | SEC filing ↗ |
| 2026-04-10 | Magnetar Capital Partners LP; Magnetar Financial LLC; Snyderman David J.; Supernova Management LLC | Sale (S) | Common Stock | 1,413 | USD 0.83 | USD 1,173 | SEC filing ↗ |
| 2026-04-09 | Magnetar Capital Partners LP; Magnetar Financial LLC; Snyderman David J.; Supernova Management LLC | Sale (S) | Common Stock | 12,346 | USD 0.83 | USD 10,247 | SEC filing ↗ |
| 2026-04-08 | Magnetar Capital Partners LP; Magnetar Financial LLC; Snyderman David J.; Supernova Management LLC | Sale (S) | Common Stock | 6,234 | USD 0.86 | USD 5,361 | SEC filing ↗ |
| 2026-04-07 | Magnetar Capital Partners LP; Magnetar Financial LLC; Snyderman David J.; Supernova Management LLC | Sale (S) | Common Stock | 6,774 | USD 0.85 | USD 5,758 | SEC filing ↗ |
| 2026-04-06 | Magnetar Capital Partners LP; Magnetar Financial LLC; Snyderman David J.; Supernova Management LLC | Sale (S) | Common Stock | 6,503 | USD 0.92 | USD 5,983 | SEC filing ↗ |
| 2026-04-02 | Magnetar Capital Partners LP; Magnetar Financial LLC; Snyderman David J.; Supernova Management LLC | Sale (S) | Common Stock | 13,253 | USD 0.93 | USD 12,325 | SEC filing ↗ |
| 2026-04-01 | Magnetar Capital Partners LP; Magnetar Financial LLC; Snyderman David J.; Supernova Management LLC | Sale (S) | Common Stock | 3,332 | USD 0.95 | USD 3,165 | SEC filing ↗ |
| 2026-03-31 | Magnetar Capital Partners LP; Magnetar Financial LLC; Snyderman David J.; Supernova Management LLC | Sale (S) | Common Stock | 12,378 | USD 0.93 | USD 11,512 | SEC filing ↗ |
| 2026-03-30 | Magnetar Capital Partners LP; Magnetar Financial LLC; Snyderman David J.; Supernova Management LLC | Sale (S) | Common Stock | 2,103 | USD 0.97 | USD 2,040 | SEC filing ↗ |
| 2026-03-27 | Magnetar Capital Partners LP; Magnetar Financial LLC; Snyderman David J.; Supernova Management LLC | Sale (S) | Common Stock | 3,685 | USD 1.04 | USD 3,832 | SEC filing ↗ |
| 2026-03-26 | Magnetar Capital Partners LP; Magnetar Financial LLC; Snyderman David J.; Supernova Management LLC | Sale (S) | Common Stock, par value $0.01 per share | 8,840 | USD 1.10 | USD 9,724 | SEC filing ↗ |
| 2026-03-24 | Magnetar Capital Partners LP; Magnetar Financial LLC; Snyderman David J.; Supernova Management LLC | X (X) | Common Stock, par value $0.01 per share | 172,075 | USD 0.01 | USD 1,721 | SEC filing ↗ |
| 2025-11-05 | Stilwell Activist Fund, L.P.; Stilwell Activist Investments, L.P.; Stilwell Associates, L.P.; Stilwell Joseph; Stilwell Value LLC; Stilwell Value Partners VII, L.P. | Award / grant (A) | Common Stock | 6,682 | USD — | USD — | SEC filing ↗ |
Multiple price lines in one filing are grouped and share-weighted. Price and value are blank when a grouped filing line lacks price evidence.
Snapshot & identity
| Snapshot date | 2026-10-19 |
|---|---|
| Ranking version | US-v1.2 |
| Data quality | PASS ELIGIBLE · — |
| Ticker | WHLR |
| CIK | 0001527541 |
| Sector | Real Estate |
| Industry | REIT—Retail Yahoo Finance |
| SEC SIC | 6798 Real Estate Investment Trusts |
| Exchange | Nasdaq |
Data coverage
| Local Form 4 history | 171 transaction lines from 2020-03-31 to 2026-09-30 98 P purchase lines · 48 S sale lines · 25 other lines |
|---|---|
| SEC company submissions | Open SEC filings ↗ |
Local ledger as of 2026-10-19. Mapping status is an audit field and does not erase SEC filing evidence.