Form 4 for WRAP WRAP TECHNOLOGIES, INC.
Accepted 2026-09-04 21:56:31 ET · period of report 2026-09-02 · accession 0001493152-26-041638 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-09-04 21:56 | 2026-09-02 | WRAP | Novick Jared | Pres, COO | A - Grant | $0.00 | +2.00M | 2.15M | +1,307% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2026-09-02 | A | A | 2,000,000 | $0.00 | 2,153,012 | D | — | — | (F1) Represents 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) 500,000 shares on the date the Company's market capitalization meets or exceeds $150 million for each trading day during 45 consecutive trading days; (ii) 500,000 shares on the date the Company's market capitalization meets or exceeds $225 million for each trading day during 45 consecutive trading days; (iii) 500,000 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) 500,000 shares on the date the Company's market capitalization meets or exceeds $506.25 million for each trading day during 45 consecutive trading days. (F2) In 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, 800,000 of the awarded restricted stock are null and void and subject to forfeiture. (F1) Represents 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) 500,000 shares on the date the Company's market capitalization meets or exceeds $150 million for each trading day during 45 consecutive trading days; (ii) 500,000 shares on the date the Company's market capitalization meets or exceeds $225 million for each trading day during 45 consecutive trading days; (iii) 500,000 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) 500,000 shares on the date the Company's market capitalization meets or exceeds $506.25 million for each trading day during 45 consecutive trading days. |