WRAP Technologies (NASDAQ: WRAP) CEO ups reported insider share purchase to 209,353

Rhea-AI Filing Summary

WRAP TECHNOLOGIES, INC. insider Scot Cohen, Executive Chairman, CEO and more than ten percent owner, filed an amended Form 4 to correct a prior report. The amendment states that on July 8, 2026, an IRA associated with him purchased 209,353 shares of common stock at $1.10 per share in an open-market transaction, rather than 21,740 shares as originally reported, and clarifies that these shares are held indirectly through the Scot Cohen Roth IRA. A separate line shows he also holds 6,589,555 common shares directly as of July 7, 2026.

Insights

Insider trading analyst

CEO Scot Cohen corrected and upsized a reported open-market share purchase.

Executive Chairman and CEO Scot Cohen reports an amended open-market purchase of 209,353 WRAP common shares at $1.10 per share. The position is held indirectly through the Scot Cohen Roth IRA, not directly, correcting the earlier filing.

The amendment also discloses a separate direct holding of 6,589,555 shares as of July 7, 2026. This suggests the transaction is modest relative to his overall stake, but it still represents a discretionary insider buy at a specific market price.

Insider Trade Summary

Net Buyer: 209,353 shares ($230,288)

Net Buy 2 txns

Insider Cohen Scot

Role Executive Chairman and CEO

Bought 209,353 shs ($230K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	209,353	$1.10	$230K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 209,353 shares (Indirect, By Scot Cohen Roth IRA); Common Stock — 6,589,555 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares purchased: 209,353 shares Purchase price: $1.10 per share Indirect holdings after transaction: 209,353 shares +1 more

4 metrics

Shares purchased 209,353 shares Open-market purchase by Scot Cohen Roth IRA on July 8, 2026

Purchase price $1.10 per share Price paid for WRAP common stock in the July 8, 2026 transaction

Indirect holdings after transaction 209,353 shares WRAP common shares held indirectly via Scot Cohen Roth IRA following the purchase

Direct holdings snapshot 6,589,555 shares Direct WRAP common stock holdings reported as of July 7, 2026

Key Terms

open-market purchase, indirect ownership, Form 4/A, ten percent owner

4 terms

open-market purchase financial

"transaction_action":"open-market purchase"

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

indirect ownership financial

"ownership_type":"indirect"

Form 4/A regulatory

"The purpose of this Form 4/A is to amend the original"

Form 4/A is an amended filing that corrects or updates an earlier Form 4, the mandatory report that insiders (like company executives, directors, or large shareholders) must file when their ownership stakes change. Think of it as an edited receipt showing who bought or sold stock and when; investors use it to track insider confidence, detect potential conflicts, and spot trading patterns that might signal future company prospects.

ten percent owner regulatory

"is_ten_percent_owner": 1"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/10/2026 - 07:30 AM Accepted by SEC EDGAR 07/10/2026 - 07:30 AM Learn about SEC filing dates

FAQ

What did WRAP (WRAP) Executive Chairman and CEO Scot Cohen report in this amended Form 4?

Scot Cohen filed an amended Form 4 reporting an open-market purchase of 209,353 WRAP common shares at $1.10 per share on July 8, 2026, held indirectly through his Scot Cohen Roth IRA.

Why was Scot Cohen’s original Form 4 for WRAP (WRAP) corrected?

The amendment states the original Form 4 underreported the shares purchased (21,740 instead of 209,353) and mischaracterized ownership, clarifying the shares are held by the Scot Cohen Roth IRA, not directly.

How many WRAP (WRAP) shares did Scot Cohen’s IRA buy and at what price?

The Scot Cohen Roth IRA purchased 209,353 shares of WRAP common stock at an average price of $1.10 per share in an open-market transaction on July 8, 2026.

How many WRAP (WRAP) shares does Scot Cohen hold directly after these transactions?

A separate entry shows Scot Cohen holds 6,589,555 WRAP common shares directly as of July 7, 2026. This direct position is in addition to the 209,353 shares held indirectly via his Roth IRA.

Is the WRAP (WRAP) insider transaction by Scot Cohen a purchase or sale?

The amended Form 4 reports an open-market purchase of WRAP common stock by the Scot Cohen Roth IRA, totaling 209,353 shares, and shows no reported sales in this filing.

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^*

Cohen Scot

(Last) (First) (Middle)

C/O WRAP TECHNOLOGIES, INC.

3480 MAIN HWY, SUITE 202

(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)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Chairman and CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/07/2026

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)
07/09/2026

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	07/08/2026		P		209,353(1)	A	$1.1	209,353	I(1)	By Scot Cohen Roth IRA
Common Stock								6,589,555	D

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. The purpose of this Form 4/A is to amend the original Form 4 filed on July 9, 2026 (the "Original Form 4") to correct(i) the quantity of shares of common stock, par value $0.0001 per share ("Common Stock"), of the Issuer the Reporting Person purchased on July 8, 2026, and (ii) the Reporting Person's form of ownership of such shares of Common Stock, in each case, as reported in the Original Form 4. The Original Form 4 reported (i) the purchase of 21,740 shares of Common Stock, when the Reporting Person purchased 209,353 shares of Common Stock, and (ii) that such shares were purchased directly by the Reporting Person, when such shares are directly held by Scot Cohen Roth IRA.

	/s/ Scot Cohen	07/10/2026
	** 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)