{"url_path":"/sec/whlt/10-k/2026/item-12","section_key":"item-12","section_title":"Item 12 SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS.**","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-03-30","source_url":"https://www.sec.gov/Archives/edgar/data/1025771/0001477932-26-001702-index.html","accession_number":"0001477932-26-001702","cik":"0001025771","ticker":"WHLT","issuer_name":"CHASE PACKAGING CORP","edgar_url":"https://www.sec.gov/Archives/edgar/data/1025771/0001477932-26-001702-index.html","primary_entity_key":"0001025771","primary_entity_name":"CHASE PACKAGING CORP"},"word_count":456,"has_tables":true,"body_markdown":"**ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS.**\n\n \n\n**Name and Address of Beneficial Owner**\n\n \n\n \n\n**Title of Class**\n\n \n\n**Amount and**\n\n**Nature of**\n\n**Beneficial**\n\n**Ownership**\n\n \n\n \n\n**Approximate**\n\n**Percentage**\n\n**of Class (1)**\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\nWilliam J. Barrett\n\nPO Box 126, Rumson, NJ 07760\n\n \n\n \n\nCommon\n\n \n\n \n8,954,524(2)(4)\n \n\n \n14.47%\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\nArthur J. Gajarsa\n\nPO Box 126, Rumson, NJ 07760\n\n \n\n \n\nCommon\n\n \n\n \n4,145,825(4)\n \n\n \n6.70%\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\nHerbert M. Gardner\n\nPO Box 126, Rumson, NJ 07760\n\n \n\n \n\nCommon\n\n \n\n \n5,842,683(3)(4)\n \n\n \n9.44%\n\n5,842,683\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\nMatthew W. Long\n\n25580 North Shore Dr., Elkhart, IN 46514\n\n \n\n \n\nCommon\n\n \n\n \n400,000\n \n\n \n\n \n0.65%\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\nMark C. Neilson\n\n7140 Calabria Court #B, San Diego, CA 92122\n\n \n\n \n\nCommon\n\n \n\n \n400,000\n \n\n \n\n \n0.65%\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\nWayne A. Whitener\n\n101 E. Park Blvd., Ste 955 Plano, TX 75074\n\n \n\n \n\nCommon\n\n \n\n \n472,738\n \n\n \n\n \n0.76%\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\nAnn C. W. Green\n\nPO Box 126, Rumson, NJ 07760\n\n \n\n \n\nCommon\n\n \n\n \n1,557,541(4)\n \n\n \n2.52%\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\nAll directors & officers as a group (7 persons)\n\n \n\n \n\nCommon\n\n \n\n \n21,773,311(2)(3)(4)\n \n\n \n35.19%\n\n \n\n(1)\n\nThe percentage calculations have been made in accordance with Rule 13d-3(d)(1) promulgated under the Securities Exchange Act of 1934, as amended, based on number of shares outstanding plus the Common Stock underlying the warrants.\n\n \n\n \n\n(2)\n\nIncludes 1,492,169 shares of Common Stock (includes the Common Stock underlying warrants) owned by William J. Barrett’s wife. Mr. Barrett has disclaimed beneficial ownership of these shares.\n\n \n\n \n\n(3)\n\nIncludes 804,826 shares of Common Stock (includes the Common Stock underlying warrants) owned by the Generation Skipping Marital Trust U/W/O Mary K. Gardner. Mr. Gardner has disclaimed beneficial ownership of these shares.\n\n \n\n \n\n(4)\n\nIncludes the Common Stock underlying warrants held by the following directors and executive officers:\n\n \n\n**Beneficial Owner**\n\n \n\n**Number of**\n\n**Common Shares**\n\n**Underlying Warrants**\n\n**Beneficially Owned**\n\n \n\n \n\n \n\n \n\n \n\nWilliam J. Barrett (1)\n\n \n\n \n245,500\n \n\nArthur J. Gajarsa\n\n \n\n \n503,500\n \n\nHerbert M. Gardner (2)\n\n \n\n \n712,500\n \n\nMatthew W. Long\n\n \n\n \n-\n \n\nMark C. Neilson\n\n \n\n \n-\n \n\nWayne A. Whitener\n\n \n\n \n-\n \n\nAnn C. W. Green\n\n \n\n \n118,500\n \n\nTotal\n\n \n\n \n1,580,000\n \n\n_____________\n\n(1)\n\nIncludes 167,000 shares of Common Stock underlying warrants held by the named person’s spouse. Mr. Barrett has disclaimed beneficial ownership of the shares\n\n \n\n \n\n(2)\n\nIncludes 89,000 shares of Common Stock underlying warrants held by the Generation Skipping Marital Trust U/W/O Mary K. Gardner. Mr. Gardner has disclaimed beneficial ownership of the shares.\n\n \n\nDepositories such as The Depository Trust Company (Cede & Company) as of March 14, 2025 held, in the aggregate, more than 5% of the then outstanding Common Stock voting shares. The Company understands that such depositories hold such shares for the benefit of various participating brokers, banks, and other institutions which are entitled to vote such shares according to the instructions of the beneficial owners thereof. The Company has no reason to believe that any of such beneficial owners hold more than 5% of the Company’s outstanding voting securities.\n\n \n\n \n\n13\n\n*Table of Contents*\n\n \n\n**EQUITY COMPENSATION PLANS**\n\n \n\nThere are no equity compensation plans which have been approved by the Company’s stockholders."}