STOCK TITAN

WRAP Technologies (WRAP) director receives 19,643-share RSU grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
Insider Szymanski Timothy
Role null
Type Security Shares Price Value
Grant/Award Common Stock 19,643 $0.00 --
Holdings After Transaction: Common Stock — 156,859 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 19,643 shares Common Stock award on grant date
Immediate vesting portion 12,768 RSUs Vested on grant date
Post-transaction holdings 156,859 shares Direct ownership after grant
Vesting schedule 8 monthly tranches Remaining RSUs vest ratably
Grant price $0.00 per share Equity compensation, non-cash
Restricted Stock Units financial
"Represents a grant of Restricted Stock Units ("RSUs")."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"On the date of grant, 12,768 of the RSUs vested and the remainder"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
transaction code "A" financial
"transaction_code": "A","transaction_code_description": "Grant, award, or other acquisition""
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
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*
Szymanski Timothy

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
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)

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 Stock04/01/2026A19,643A$0(1)156,859D
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. 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.
/s/ Timothy Szymanski05/04/2026
** 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)

FAQ

What did WRAP director Timothy Szymanski report in this Form 4?

Director Timothy Szymanski reported receiving a grant of 19,643 WRAP common shares as Restricted Stock Units at a stated price of $0.00 per share. This is a compensation-related equity award, not an open-market purchase or sale of stock.

How many WRAP shares does Timothy Szymanski hold after this RSU grant?

After the reported RSU grant, Timothy Szymanski directly holds 156,859 WRAP common shares. This figure reflects his position immediately following the award recorded in the Form 4 and helps show the scale of this grant relative to his total holdings.

How do the WRAP RSUs granted to Timothy Szymanski vest?

The RSU grant to Timothy Szymanski partially vests immediately and then monthly. On the grant date, 12,768 RSUs vested, while the remaining units vest ratably in eight monthly tranches, creating a short-term scheduled vesting structure based solely on time and continued service.

Was Timothy Szymanski’s WRAP RSU grant an open-market stock purchase?

No, the transaction was not an open-market purchase. The Form 4 labels it as a grant or award acquisition with a transaction price of $0.00 per share, meaning it is part of equity compensation rather than a cash-funded buy on the open market.

What does transaction code "A" mean in Timothy Szymanski’s WRAP Form 4?

Transaction code "A" on Timothy Szymanski’s Form 4 indicates a grant, award, or other acquisition of shares. In this case, it reflects the award of 19,643 Restricted Stock Units, a non-cash equity compensation grant, instead of a discretionary stock market transaction.