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Wrap Technologies CEO clarifies 2.01M-share stake

WRAP TECHNOLOGIES, INC.

(Neutral)
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

WRAP TECHNOLOGIES, INC. (WRAP) received an amended Form 4 from Executive Chairman and CEO Scot Cohen, who is also a ten percent owner, to correct and clarify his indirect beneficial holdings of common stock. The amendment states that 209,353 shares are held through the Scot Cohen Roth IRA and 2,014,877 shares are held through V4 Global LLC, with Cohen deemed a beneficial owner only to the extent of his pecuniary interest. The filing reports these indirect positions and does not show new purchases or sales of WRAP stock.

Positive

  • None.

Negative

  • None.
Insider Cohen Scot
Role Executive Chairman and CEO
Type Security Shares Price Value
holding Common Stock F1 -- -- --
holding Common Stock F2 -- -- --
Holdings After Transaction: Common Stock — 209,353 shares (Indirect, By Scot Cohen Roth IRA); Common Stock — 2,014,877 shares (Indirect, By V4 Global LLC)
Footnotes (2)
  1. F1. This Form 4/A amends the Form 4 originally filed on September 4, 2026 to correct the nature of indirect beneficial ownership reported in Table I. The original Form 4 incorrectly identified the indirect holder as 'Continuum Ventures, LLC.' The correct indirect holder is the Scot Cohen Roth IRA ("SC IRA"). The reported securities are directly owned by SC IRA. The Reporting Person is deemed the beneficial owner of such securities as the sole holder of the SC IRA.
  2. F2. This Form 4/A amends the Form 4 originally filed on September 4, 2026 to include the remaining shares of common stock indirectly held by the Reporting Person. The reported securities are directly owned by V4 Global LLC ("V4") and may be deemed to be beneficially owned by the Reporting Person as managing member of V4. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
Indirect common shares via Scot Cohen Roth IRA 209,353 shares Indirect holdings of WRAP common stock reported as of September 2, 2026
Indirect common shares via V4 Global LLC 2,014,877 shares Indirect holdings of WRAP common stock reported as of September 2, 2026
Holding entries reported 2 entries Number of non-transaction holding lines in this Form 4/A
indirect beneficial ownership financial
"amends the Form 4 to correct the nature of indirect beneficial ownership"
beneficial owner financial
"The Reporting Person is deemed the beneficial owner of such securities"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
pecuniary interest financial
"disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest"
disclaims beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of the reported securities"

FAQ

What does the Form 4/A filing for WRAP reveal about Scot Cohen's WRAP holdings?

The Form 4/A shows 209,353 WRAP common shares held indirectly through the Scot Cohen Roth IRA and 2,014,877 shares held indirectly through V4 Global LLC, reflecting corrected disclosure of how these indirect positions are owned.

Did Scot Cohen buy or sell WRAP (WRAP) shares in this Form 4/A?

No. The Form 4/A reports holding entries only and no transaction codes for purchases or sales. It amends prior disclosure to correct the nature of indirect beneficial ownership, rather than reporting new trades in WRAP stock.

How are WRAP shares held through the Scot Cohen Roth IRA described in this filing?

The filing states that 209,353 WRAP shares are directly owned by the Scot Cohen Roth IRA, with Scot Cohen deemed the beneficial owner as the sole holder of that IRA, as explained in the footnote labeled for that position.

What does the Form 4/A say about WRAP shares held via V4 Global LLC?

The Form 4/A reports 2,014,877 WRAP shares directly owned by V4 Global LLC and notes they may be deemed beneficially owned by Scot Cohen as managing member. He disclaims beneficial ownership except to the extent of his pecuniary interest.

Why was the original WRAP Form 4 amended by Scot Cohen?

The amendment explains the original Form 4 misidentified the indirect holder as Continuum Ventures, LLC and omitted certain shares. It corrects the holder to the Scot Cohen Roth IRA and adds remaining indirectly held shares through V4 Global LLC.

Was a Rule 10b5-1 trading plan involved in this WRAP Form 4/A?

No. The document-level checkbox indicates no Rule 10b5-1 trading plan is affirmed for the reported positions, and the filing describes only corrected holdings, not trades pursuant to any pre-arranged plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Cohen Scot

(Last)(First)(Middle)
C/O WRAP TECHNOLOGIES, INC.
3350 VIRGINIA STREET

(Street)
MIAMI FLORIDA 33133

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
WRAP TECHNOLOGIES, INC. [ WRAP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
Executive Chairman and CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/02/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)
09/04/2026
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock209,353IBy Scot Cohen Roth IRA(1)
Common Stock2,014,877IBy V4 Global LLC(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This Form 4/A amends the Form 4 originally filed on September 4, 2026 to correct the nature of indirect beneficial ownership reported in Table I. The original Form 4 incorrectly identified the indirect holder as 'Continuum Ventures, LLC.' The correct indirect holder is the Scot Cohen Roth IRA ("SC IRA"). The reported securities are directly owned by SC IRA. The Reporting Person is deemed the beneficial owner of such securities as the sole holder of the SC IRA.
2. This Form 4/A amends the Form 4 originally filed on September 4, 2026 to include the remaining shares of common stock indirectly held by the Reporting Person. The reported securities are directly owned by V4 Global LLC ("V4") and may be deemed to be beneficially owned by the Reporting Person as managing member of V4. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
/s/ Scot Cohen09/09/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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