Elwood G Norris plans sale of 1.78M WRAP (NASDAQ: WRAP) shares

Rhea-AI Filing Summary

Elwood G Norris filed a notice to sell up to 1,778,173 shares of WRAP common stock, with an aggregate market value of $4,445,432, through broker Charles Schwab on Nasdaq around 01/23/2026. The filing lists 51,549,094 shares of WRAP common stock outstanding.

The shares to be sold were acquired directly from the issuer, including 333,334 shares purchased for cash on 10/30/2018 and 1,444,839 shares obtained via warrant exercise for cash on 06/01/2020. The notice also details prior WRAP common stock sales by Norris during the past three months, such as 55,000 shares sold on 10/31/2025 for $154,974 and multiple additional sales in October and November 2025.

Insights

Equity capital markets analyst

Large WRAP shareholder files to sell 1.78M shares after recent sales.

The notice shows Elwood G Norris planning to sell up to 1,778,173 shares of WRAP common stock with an indicated market value of $4,445,432. These shares were acquired directly from the issuer via a cash purchase of 333,334 shares on 10/30/2018 and a cash warrant exercise for 1,444,839 shares on 06/01/2020.

The filing also lists a pattern of common stock sales in the prior three months, including transactions such as 55,000 shares on 10/31/2025 for $154,974 and 55,000 shares on 11/14/2025 for $129,703. With 51,549,094 shares outstanding, the potential sale represents a meaningful individual position, though the actual effect depends on execution and market demand.

The sales are to be executed through Charles Schwab on Nasdaq around 01/23/2026, consistent with Rule 144 procedures. The signer represents that they are not aware of undisclosed material adverse information about WRAP’s operations, which is a standard certification for this type of planned sale.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Charles Schwab Corp. 3000 Schwab Way Westlake TX 76262	1778173	4445432.00	51549094	01/23/2026	Nasdaq

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	10/30/2018	Purchase	Issuer			333334	10/30/2018	Cash
Common	06/01/2020	Warrant Exercise	Issuer			1444839	06/01/2020	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Elwood G Norris 3480 Main Hwy, Suite 202 Miami FL 33133	Common	11/28/2025	5000	10765.00
Elwood G Norris 3480 Main Hwy, Suite 202 Miami FL 33133	Common	11/26/2025	5000	10709.00
Elwood G Norris 3480 Main Hwy, Suite 202 Miami FL 33133	Common	11/24/2025	30000	61652.00
Elwood G Norris 3480 Main Hwy, Suite 202 Miami FL 33133	Common	11/21/2025	10536	21688.00
Elwood G Norris 3480 Main Hwy, Suite 202 Miami FL 33133	Common	11/20/2025	22008	44466.00
Elwood G Norris 3480 Main Hwy, Suite 202 Miami FL 33133	Common	11/19/2025	3013	6086.00
Elwood G Norris 3480 Main Hwy, Suite 202, Miami FL 33133	Common	11/14/2025	55000	129703.00
Elwood G Norris 3480 Main Hwy, Suite 202 Miami FL 33133	Common	11/13/2025	20000	41783.00
Elwood G Norris 3480 Main Hwy, Suite 202 Miami FL 33133	Common	11/12/2025	25000	54027.00
Elwood G Norris 3480 Main Hwy, Suite 202 Miami FL 33133	Common	11/11/2025	5000	11005.00
Elwood G Norris 3480 Main Hwy, Suite 202 Miami FL 33133	Common	10/31/2025	55000	154974.00
Elwood G Norris 3480 Main Hwy, Suite 202 Miami FL 33133	Common	10/30/2025	54381	150809.00
Elwood G Norris 3480 Main Hwy, Suite 202 Miami FL 33133	Common	10/27/2025	5000	13272.00

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many WRAP shares does Elwood G Norris plan to sell under this Form 144?

The notice covers up to 1,778,173 shares of WRAP common stock, with an indicated aggregate market value of $4,445,432.

What is the total number of WRAP shares outstanding in this Form 144 filing?

The filing states that 51,549,094 shares of WRAP common stock were outstanding.

When and how were the WRAP shares in this Form 144 acquired by Elwood G Norris?

The shares were acquired directly from the issuer, including 333,334 shares purchased for cash on 10/30/2018 and 1,444,839 shares obtained via cash warrant exercise on 06/01/2020.

Which broker and exchange are listed for the planned WRAP share sales?

The planned sales are through Charles Schwab Corp., 3000 Schwab Way, Westlake, TX 76262, with trading on the Nasdaq exchange.

What approximate sale date is indicated for the WRAP shares in this Form 144?

The approximate date of sale listed for the WRAP common stock is 01/23/2026.

What recent WRAP stock sales by Elwood G Norris are disclosed in the past 3 months table?

Disclosed transactions include multiple WRAP common stock sales, such as 55,000 shares sold on 10/31/2025 for $154,974 and 55,000 shares on 11/14/2025 for $129,703, along with other sales in October and November 2025.

What representation does the seller make about WRAP’s undisclosed information in this Form 144?

By signing the notice, the seller represents that they do not know any material adverse information about WRAP’s current or prospective operations that has not been publicly disclosed.