Wrap Technologies adds Edward Delatorre to board, expanding it to seven directors
Wrap Technologies increased its board from six to seven directors and appointed Edward Delatorre as a director effective immediately, with a term running to the 2026 annual meeting. The company also granted him options to buy 30,000 shares at $1.45 per share, a routine director compensation step that adds a small amount of potential dilution.
Key points
- Board appointed Edward Delatorre on October 20, 2026; board expanded from six to seven directors
- Delatorre has not yet been named to any board committee
- Options cover 30,000 shares at an exercise price of $1.45 per share, with a ten-year term
- 50% of the options vest on October 20, 2027; the remainder vest in four equal quarterly installments over the following year
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 26, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.