Summary by Futu AI
Howard Amster has filed an amendment to the Schedule 13D with the United States Securities and Exchange Commission on March 21, 2024, regarding his holdings in Wheeler Real Estate Investment Trust Inc.'s Series D Cumulative Preferred Stock. This Amendment No. 3 updates previous filings and reports a significant ownership stake. Amster directly owns 219,466 shares and has sole voting and dispositive power over an additional 161,252 shares held by Pleasant Lake Apartments Limited Partnership and two charitable remainder unitrusts. Collectively, this represents 14.76% of the class, making Amster a major shareholder. The filing also details recent transactions, including multiple purchases of the preferred stock on the open market, with the most recent being on March 15, 2024. The amendment reaffirms Amster's position and influence within the company, as well as his active engagement in the market for its shares.