WRAP CEO buys shares in open-market trade
WRAP Technologies Executive Chairman and CEO Scot Cohen reported multiple share acquisitions.
Rhea-AI Filing Summary
WRAP Technologies Executive Chairman and CEO Scot Cohen reported multiple share acquisitions. On July 8, 2026, he made an open-market purchase of 21,740 shares of common stock at $1.10 per share, bringing his direct holdings to 6,798,908 shares.
On July 7, 2026, he also acquired 4,576 common shares directly and 6,408 common shares indirectly through V4 Global LLC as stock issued as payment of dividends on Series A Convertible Preferred Stock. Following these awards, V4 Global LLC held 2,014,877 shares that may be deemed beneficially owned by Cohen to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 21,740 | $1.10 | $24K |
| Grant/Award | Common Stock | 6,408 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 4,576 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents shares of the Issuer's common stock, par value $0.0001 per share (the "Common Stock"), issued as a payment of dividends on the Issuer's Series A Convertible Preferred Stock, par value $0.0001 per share.
- F2. 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.
Key Figures
Key Terms
open-market purchase financial
grant, award, or other acquisition financial
Series A Convertible Preferred Stock financial
indirect ownership financial
pecuniary interest financial
FAQ
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What did WRAP (WRAP) CEO Scot Cohen do in this Form 4 filing?
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