WRAP director granted 19,643 restricted shares
Szymanski Timothy reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Szymanski Timothy reported acquisition or exercise transactions in this Form 4 filing.
WRAP TECHNOLOGIES, INC. director Timothy Szymanski received a grant of 19,643 shares of Common Stock in the form of Restricted Stock Units at a stated price of $0.00 per share. Following this award, he directly holds 156,859 shares.
According to the grant terms, 12,768 of the RSUs vested on the grant date, and the remaining units vest in eight equal monthly tranches, creating a short, time-based vesting schedule tied to continued service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 19,643 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents a grant of Restricted Stock Units ("RSUs"). On the date of grant, 12,768 of the RSUs vested and the remainder of the RSUs vest ratably in eight monthly tranches.
Key Figures
Key Terms
Restricted Stock Units financial
RSUs financial
transaction code "A" financial
grant, award, or other acquisition financial
Common Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did WRAP director Timothy Szymanski report in this Form 4?
How do the WRAP RSUs granted to Timothy Szymanski vest?
Was Timothy Szymanski’s WRAP RSU grant an open-market stock purchase?
What does transaction code "A" mean in Timothy Szymanski’s WRAP Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.