Form 4: WRAP Technologies Executive Trades Shares

Scot Cohen, Executive Chairman and CEO of WRAP Technologies, Inc., reported transactions involving the acquisition and disposition of company common stock.

Summary

• Scot Cohen, Executive Chairman and CEO of WRAP Technologies, Inc., reported several transactions on July 7th and 8th, 2026.
• These transactions include the acquisition of 6,408 shares of common stock at $0 cost, issued as payment for dividends on Series A Convertible Preferred Stock.
• Additionally, 4,576 shares were disposed of, and 21,740 shares were acquired at a price of $1.10 per share.
• Following these transactions, Scot Cohen beneficially owns 2,014,877 shares indirectly through V4 Global LLC and 6,798,908 shares directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports routine insider transactions including acquisitions and dispositions without indicating significant shifts in strategy or financial performance.

Positives

• Acquisition of 6,408 shares of common stock at no cost, representing a dividend payment.
• Acquisition of 21,740 shares at a price of $1.10, indicating continued investment or compensation.
• Scot Cohen maintains significant beneficial ownership, with over 8.8 million shares held directly or indirectly.

Negatives

• Disposition of 4,576 shares of common stock.

Future Outlook

No specific forward-looking statements or guidance were provided in this Form 4 filing.

Management Comments

• Scot Cohen disclaims beneficial ownership of securities held by V4 Global LLC except to the extent of his pecuniary interest therein.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into the trading activities of company executives and major shareholders. These filings are crucial for investors seeking to understand insider sentiment and potential shifts in beneficial ownership.

Related Party Transactions

• Scot Cohen, as managing member of V4 Global LLC, has indirect beneficial ownership of securities held by V4 Global LLC.

Stakeholder Impact

• Shareholders: The filing provides transparency into insider trading activities, which can influence investor sentiment.
• Management: The transactions reflect ongoing involvement and potential compensation structures for key executives.

Key Dates

Keywords

WRAP Technologies, Form 4, SEC Filing, Insider Trading, Stock Transaction, Scot Cohen, Executive Chairman, CEO, Common Stock, Beneficial Ownership