what is a 10 k wrap 
a 10 k wrap is a summary report of a company s annual performance that bundles the 10 k report required by the securities and exchange commission sec with additional commentary from the company covering such things as the corporate vision letter to shareholders and business overview among other topics the 10 k wrap is often released instead of a traditional annual report and generally contains fewer images and comments from management understanding a 10 k wrapform 10 k is a detailed annual report that is required to be submitted to the u s securities and exchange commission sec the filing provides a comprehensive summary of a company s performance for the year it is more detailed than the annual report that is sent to shareholders during the annual meeting to elect directors sec filing 10 k outlines the company s history equity subsidiaries organizational structure audited financial statements and other relevant information 1the most significant difference between the traditional annual report and the 10 k wrap is how the information is presented and how much additional information is included above the required 10 k information the traditional annual report has a greater focus on comments from the company and the document includes more images and graphs to communicate performance as well as a list of corporate objectives of the company by contrast the 10 k wrap is essentially the 10 k filed with the sec and some additional editorial from the company but not nearly as much as the annual report it usually has a lower production cost because it is often printed on lower quality paper the 10 k wrap is typically made available in print and digital formats to maximize access for shareholders investors and analysts elements of a 10 k wrapthe basic elements of a 10 k wrap typically include a summary of the company s financial results for the previous year and an overview of its plans for upcoming quarters including spending and debt level forecasts a 10 k plan can also include an elaborate cover design with perhaps a theme that focuses on investors and analysts involved in the company s projects for the upcoming year graphics in the 10 k wrap will usually provide a brief overview of the company s financials including revenue net profit costs income and any highlights from the previous year the graphics may also outline the company s geographical reach or other elements of growth 10 k due monday april 18 2022 for the fiscal year ended on jan 31 2022 10 q due tuesday may 10 2022 for the quarterly period ended on march 31 2022 special considerationsas the 10 k wrap has evolved it has come to include more images and content such as a shareholder letter and high quality photographs however pictures will often be kept to a minimum the 10 k wrap document is usually no more than four pages long and could be even shorter depending on what company executives want to see from the 10 k wrap report 