WRAP 10% owner Norris reports share sales
Wrap Technologies 10% owner Elwood G. Norris reported sustained open-market stock sales over several months in 2025.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Wrap Technologies 10% owner Elwood G. Norris reported sustained open-market stock sales over several months in 2025. The Form 4 shows multiple sales of Wrap Technologies common stock between June 13, 2025, and November 28, 2025, at prices generally ranging from about $1.50 to $2.91 per share, often reported as weighted-average prices across numerous trades.
After the latest reported sale of 5,000 shares at $2.153 on November 28, 2025, Norris directly held 54,928 shares. Earlier, on June 13, 2025, he directly held 859,339 shares. In addition to his direct holdings, he is shown as indirectly beneficially owning 5,451,053 shares of common stock through a family trust.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,000 | $2.153 | $11K |
| Sale | Common Stock | 5,000 | $2.1419 | $11K |
| Sale | Common Stock | 30,000 | $2.0551 | $62K |
| Sale | Common Stock | 10,536 | $2.0585 | $22K |
| Sale | Common Stock | 17,008 | $2.0176 | $34K |
| Sale | Common Stock | 3,013 | $2.02 | $6K |
| Sale | Common Stock | 55,000 | $2.3582 | $130K |
| Sale | Common Stock | 20,000 | $2.0892 | $42K |
| Sale | Common Stock | 25,000 | $2.1611 | $54K |
| Sale | Common Stock | 5,000 | $2.201 | $11K |
| Sale | Common Stock | 55,000 | $2.8177 | $155K |
| Sale | Common Stock | 54,381 | $2.7732 | $151K |
| Sale | Common Stock | 5,000 | $2.6545 | $13K |
| Sale | Common Stock | 75,001 | $2.6202 | $197K |
| Sale | Common Stock | 50,000 | $2.5162 | $126K |
| Sale | Common Stock | 25,000 | $2.6944 | $67K |
| Sale | Common Stock | 75,000 | $2.4821 | $186K |
| Sale | Common Stock | 10,000 | $2.2901 | $23K |
| Sale | Common Stock | 25,000 | $2.4253 | $61K |
| Sale | Common Stock | 2,871 | $2.5651 | $7K |
| Sale | Common Stock | 40,000 | $2.5594 | $102K |
| Sale | Common Stock | 35,000 | $2.5594 | $90K |
| Sale | Common Stock | 5,000 | $2.5818 | $13K |
| Sale | Common Stock | 55,000 | $2.83 | $156K |
| Sale | Common Stock | 25,100 | $2.91 | $73K |
| Sale | Common Stock | 51,501 | $2.74 | $141K |
| Sale | Common Stock | 25,000 | $2.5792 | $64K |
| Sale | Common Stock | 15,000 | $1.50 | $23K |
| Sale | Common Stock | 10,000 | $1.7101 | $17K |
| holding | Common Stock | -- | -- | -- |
Footnotes (20)
- F1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.0400 to $2.0706, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (1) of this Form 4. The amount reflected has been rounded to 4 decimal points.
- F2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.0000 to $2.1115, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (2) of this Form 4. The amount reflected has been rounded to 4 decimal points.
- F3. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.0000 to $2.0500, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (3) of this Form 4. The amount reflected has been rounded to 4 decimal points.
- F4. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.1501 to $2.4600, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (4) of this Form 4. The amount reflected has been rounded to 4 decimal points.
- F5. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.0650 to $2.1301, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (5) of this Form 4. The amount reflected has been rounded to 4 decimal points.
- F6. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.1100 to $2.2500, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (6) of this Form 4. The amount reflected has been rounded to 4 decimal points.
- F7. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.2000 to $2.2200, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (7) of this Form 4. The amount reflected has been rounded to 4 decimal points.
- F8. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.8000 to $2.8586, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (8) of this Form 4. The amount reflected has been rounded to 4 decimal points.
- F9. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.7500 to $2.8001, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (9) of this Form 4. The amount reflected has been rounded to 4 decimal points.
- F10. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.6500 to $2.7500, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (10) of this Form 4. The amount reflected has been rounded to 4 decimal points.
- F11. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.5001 to $2.7929, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (11) of this Form 4. The amount reflected has been rounded to 4 decimal points.
- F12. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.4800 to $2.5616, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (12) of this Form 4. The amount reflected has been rounded to 4 decimal points.
- F13. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.6701 to $2.7000, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (13) of this Form 4. The amount reflected has been rounded to 4 decimal points.
- F14. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.3801 to $2.5350, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (14) of this Form 4. The amount reflected has been rounded to 4 decimal points.
- F15. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.2800 to $2.3001, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (15) of this Form 4. The amount reflected has been rounded to 4 decimal points.
- F16. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.4035 to $2.4414, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (16) of this Form 4. The amount reflected has been rounded to 4 decimal points.
- F17. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.5404 to $2.6150, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (17) of this Form 4. The amount reflected has been rounded to 4 decimal points.
- F18. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.5200 to $2.5798, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (18) of this Form 4. The amount reflected has been rounded to 4 decimal points.
- F19. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $1.4903 to $1.5096, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (19) of this Form 4. The amount reflected has been rounded to 4 decimal points.
- F20. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $1.6998 to $1.7205, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (20) of this Form 4. The amount reflected has been rounded to 4 decimal points.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did WRAP Technologies report on this Form 4?
What were some of the larger individual WRAP stock sales reported?
Does the WRAP Form 4 distinguish between direct and indirect ownership?
AI-generated analysis. How Rhea-AI works. Not financial advice.