Form 4: Elwood G. Norris Sells Wrap Technologies Shares
SEC Form 4 Filing
Director Elwood G. Norris sold 1,449 shares of Wrap Technologies, Inc. at $1.541 per share on May 19, 2025.
Summary
- Elwood G. Norris, a director of Wrap Technologies, Inc., reported a transaction involving the company's stock.
- On May 19, 2025, Norris sold 1,449 shares of common stock at a price of $1.541 per share.
- Following the transaction, Norris directly owns 897,100 shares of Wrap Technologies, Inc.
- Norris also indirectly owns 5,451,553 shares through a family trust.
Sentiment
Score: 5
Explanation: This is a neutral report of a transaction. It doesn't inherently indicate positive or negative sentiment about the company.
Industry Context
Form 4 filings are a routine part of the US stock market and are required by the SEC to provide transparency into the transactions of company insiders.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, but the impact is likely minimal given the relatively small number of shares sold compared to the total holdings.
Key Dates
| Date | Description |
|---|---|
| 05/19/2025 | Date of stock sale transaction |
| 05/22/2025 | Date of signature on the report |
Keywords
Form 4, Wrap Technologies, Elwood G. Norris, Stock Sale, Beneficial Ownership, Director
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