SEC Form 4 · accession 0001493152-26-041637
WRAP TECHNOLOGIES, INC. · WRAP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Scot Cohen
Officer — Executive Chairman and CEO · Director · 10% Owner
Period of report
Sep 2, 2026
Accepted (ET)
Sep 4, 2026 · 9:55 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001702924
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F1 | Sep 2, 2026 | A | 4,000,000 | $0.00 | A | 10,589,555 | D | |
| Common Stock | holding | — | — | — | 209,353 | I | By Continuum Ventures, LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents a grant of restricted stock. The restricted stock contained voting rights and dividend rights on the date of grant. The restricted stock will vest as follows: (i) 1,000,000 shares on the date the Company's market capitalization meets or exceeds $150 million for each trading day during 45 consecutive trading days; (ii) 1,000,000 shares on the date the Company's market capitalization meets or exceeds $225 million for each trading day during 45 consecutive trading days; (iii) 1,000,000 shares on the date the Company's market capitalization meets or exceeds $337.5 million for each trading day during 45 consecutive trading days; and (iv)1,000,000 shares on the date the Company's market capitalization meets or exceeds $506.25 million for each trading day during 45 consecutive trading days
- F2In the event that stockholder approval of an increase in shares of Common Stock reserved for issuance under Wrap Technologies, Inc. 2017 Equity Compensation Plan is not obtained prior to March 15, 2027, 1,600,000 of the awarded restricted stock are null and void and subject to forfeiture.