WULF (NASDAQ: WULF) director reports multiple 10b5-1 stock sales

Rhea-AI Filing Summary

WULF Section 144 notice: A broker-dealer filing lists recent 10b5-1 sales of common stock by Paul B. Prager executed through Morgan Stanley Smith Barney LLC. The excerpt shows multiple Rule 10b5-1 transactions on 03/24/2026, 03/25/2026, 04/27/2026, and 04/28/2026, with aggregate per-trade share counts and gross proceeds reported.

Insights

Equity Compliance Analyst

Notice records routine 10b5-1 sales by an insider via broker-dealer.

The filing lists discrete 10b5-1 transactions by Paul B. Prager executed through Morgan Stanley Smith Barney LLC, including dates, share counts, and gross proceeds per trade. The entries are compliance‑oriented disclosures required under resale rules.

Cash‑flow treatment is explicit per trade as gross proceeds; broader impact on outstanding shares or dilution is not provided in the excerpt.

Key Figures

Shares sold on 04/28/2026: 79,200 shares Gross proceeds on 04/28/2026: $1,633,452.48 Shares sold on 04/27/2026: 137,500 shares +5 more

8 metrics

Shares sold on 04/28/2026 79,200 shares 10b5-1 sale reported on 04/28/2026

Gross proceeds on 04/28/2026 $1,633,452.48 Gross proceeds reported for 04/28/2026 trade

Shares sold on 04/27/2026 137,500 shares 10b5-1 sale reported on 04/27/2026

Gross proceeds on 04/27/2026 $2,859,491.25 Gross proceeds reported for 04/27/2026 trade

Shares sold on 03/25/2026 137,500 shares 10b5-1 sale reported on 03/25/2026

Gross proceeds on 03/25/2026 $2,331,683.75 Gross proceeds reported for 03/25/2026 trade

Shares sold on 03/24/2026 137,500 shares 10b5-1 sale reported on 03/24/2026

Gross proceeds on 03/24/2026 $2,213,323.75 Gross proceeds reported for 03/24/2026 trade

Key Terms

10b5-1, Form 144, Gross proceeds, Broker-dealer intermediary

4 terms

10b5-1 regulatory

"10b5-1 Sales for PAUL B PRAGER 9 Federal Street Easton MD"

A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.

Form 144 regulatory

"144: Securities Sold During The Past 3 Months"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Gross proceeds financial

"79200 | 1633452.48 10b5-1 Sales"

The total amount of cash a company receives from a financing event or sale before any fees, expenses, taxes or deductions are taken out. Investors watch gross proceeds because it shows the raw scale of new capital being raised—think of it as the paycheck amount before withholdings—which helps assess how much funding is available for operations, growth, debt payoff or how much shareholder dilution might occur once costs are removed.

Broker-dealer intermediary market

"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"

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

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	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	333300	7605906.00	495532645	05/26/2026	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	05/21/2025	Merger or Acquisition	Issuer			333300	05/21/2025	N/A

* 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
10b5-1 Sales for PAUL B PRAGER 9 Federal Street Easton MD 21601	Common	04/28/2026	79200	1633452.48
10b5-1 Sales for PAUL B PRAGER 9 Federal Street Easton MD 21601	Common	04/27/2026	137500	2859491.25
10b5-1 Sales for PAUL B PRAGER 9 Federal Street Easton MD 21601	Common	03/25/2026	137500	2331683.75
10b5-1 Sales for PAUL B PRAGER 9 Federal Street Easton MD 21601	Common	03/24/2026	137500	2213323.75

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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

What does the WULF Form 144 filing disclose?

It discloses 10b5-1 sales of common stock by Paul B. Prager through Morgan Stanley Smith Barney LLC. The filing lists trade dates, share quantities, and gross proceeds for each sale recorded in the excerpt.

How many shares and proceeds are shown for the April 28, 2026 sale?

The April 28, 2026 entry shows 79,200 shares sold for gross proceeds of $1,633,452.48. This line item appears as a discrete 10b5-1 transaction in the filing excerpt.

Were these sales executed under a trading plan?

Yes. The transactions are described as 10b5-1 sales, indicating they were executed under a pre-arranged trading plan. The excerpt identifies the plan method but does not include the plan adoption date.

Who acted as intermediary for these transactions in the filing?

Morgan Stanley Smith Barney LLC (Executive Financial Services, 1 New York Plaza) is listed as the broker-dealer intermediary. The filing names that firm in connection with the reported sales.