Wrap Technologies clarifies 275K insider holdings

Amended Form 4 for WRAP corrects the indirect holder of 275,000 shares to Continuum Ventures, LLC, with no new share transactions reported.

Available on EDGAR 09/09/2026 - 05:37 PM EDT Accepted by SEC EDGAR 09/09/2026 - 05:37 PM EDT Learn about SEC filing dates

This filing corrects an earlier one, and you can read the original Form 4 if you want to see what changed.

Rhea-AI Filing Summary

WRAP TECHNOLOGIES, INC. (WRAP) filed an amended Form 4 to correct how certain common stock holdings are reported for President and COO Jared Novick. The amendment states that 275,000 shares of common stock are held indirectly through Continuum Ventures, LLC, rather than the previously reported entity.

The shares are directly owned by Continuum Ventures, LLC and may be deemed beneficially owned by Jared Novick as its managing member, although he disclaims beneficial ownership except to the extent of his pecuniary interest. No new purchases, sales, or option exercises are reported, and no Rule 10b5-1 trading plan is indicated.

Insider Trade Summary

Holdings reported, no transactions

Holdings

Insider Novick Jared

Role President and COO

Type	Security	Shares	Price	Value
Holding	Common Stock F1	--	--	--

Holdings: Common Stock — 275,000 shares (Indirect, By Continuum Ventures, LLC)

Footnotes (1)

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 'Scot Cohen Roth IRA.' The correct indirect holder is Continuum Ventures, LLC ("Continuum"). The reported securities are directly owned by Continuum and may be deemed to be beneficially owned by the Reporting Person as managing member of Continuum. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

Key Figures

Indirectly held common shares: 275,000 shares Reporting person role: President and COO Holding entries reported: 1 entry

3 metrics

Indirectly held common shares 275,000 shares Total WRAP common stock reported as indirectly owned following the holding entry

Reporting person role President and COO Officer title of Jared Novick at WRAP TECHNOLOGIES, INC.

Holding entries reported 1 entry Number of holding-type entries in this amended Form 4

Key Terms

indirect beneficial ownership, pecuniary interest, managing member, indirect holder, +1 more

5 terms

indirect beneficial ownership financial

"amends ... to correct the nature of indirect beneficial ownership reported in Table I"

pecuniary interest financial

"disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest"

managing member financial

"may be deemed to be beneficially owned by the Reporting Person as managing member of Continuum"

A managing member is an owner of a limited liability company (LLC) who also has the authority and responsibility to run the company’s day-to-day operations and make business decisions on behalf of the LLC. For investors, this matters because the managing member holds the key decision-making power and accountability—like a team captain who both owns part of the team and calls the plays—which affects strategy, risk, and how quickly the company can act.

indirect holder financial

"incorrectly identified the indirect holder as 'Scot Cohen Roth IRA.' The correct indirect holder is Continuum"

beneficially owned financial

"may be deemed to be beneficially owned by the Reporting Person as managing member of Continuum"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did WRAP (WRAP) disclose in this amended Form 4 for Jared Novick?

The filing amends a prior Form 4 to correct the nature of indirect beneficial ownership for certain WRAP common shares, clarifying that they are held through Continuum Ventures, LLC rather than the previously reported entity, with no new share transactions reported.

How many WRAP (WRAP) shares are reported as indirectly held in this Form 4/A?

The amended Form 4 reports that 275,000 shares of WRAP common stock are indirectly owned, held by Continuum Ventures, LLC, with Jared Novick potentially deemed a beneficial owner as managing member, subject to his disclaimer of beneficial ownership beyond his pecuniary interest.

What ownership correction did WRAP (WRAP) make regarding Jared Novick’s holdings?

The amendment corrects that the indirect holder of the reported WRAP shares is Continuum Ventures, LLC, not “Scot Cohen Roth IRA.” The securities are directly owned by Continuum and may be deemed beneficially owned by Jared Novick as its managing member, subject to his pecuniary-interest limitation.

Does this WRAP (WRAP) Form 4/A show any new insider buying or selling by Jared Novick?

No. The Form 4/A reports no new purchases or sales of WRAP stock. It reflects a holding entry and corrects the description of indirect beneficial ownership only, without changing the number of shares or reporting any transaction direction.

Was a Rule 10b5-1 trading plan involved in the WRAP (WRAP) Form 4/A disclosure?

No. The filing indicates that no Rule 10b5-1 trading plan was affirmed in connection with this amended Form 4. The disclosure is limited to correcting the nature of indirect beneficial ownership of the reported WRAP common stock holdings.

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SEC Form 4

FORM 4

UNITED 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^*

Novick Jared

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and COO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/02/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock								275,000	I	By Continuum Ventures, LLC(1)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 'Scot Cohen Roth IRA.' The correct indirect holder is Continuum Ventures, LLC ("Continuum"). The reported securities are directly owned by Continuum and may be deemed to be beneficially owned by the Reporting Person as managing member of Continuum. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

	/s/ Jared Novick	09/09/2026
	** Signature of Reporting Person	Date
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)