Director-linked LLC boosts Wrap Technologies (WRAP) stake with PIPE deal

Rhea-AI Filing Summary

Wrap Technologies director Marc Savas reported new indirect and direct holdings in the company’s stock. Savbo Investments LLC, of which he is Chief Executive Officer, acquired 25,000 shares of common stock from Wrap Technologies at $2 per share in a private placement under a Securities Purchase Agreement dated February 2, 2026.

Savbo Investments LLC also acquired 25,000 PIPE warrants with an exercise price of $2.30 per share, exercisable from February 3, 2026 until February 3, 2031, with the exercise price subject to adjustment if certain lower-priced issuances occur. Following these transactions, Savas indirectly owns 75,000 shares through Savbo Investments LLC and directly owns 223,213 shares of Wrap Technologies common stock.

Insider Trade Summary

Net Buyer: 25,000 shares

Net Buy 3 txns

Insider Savas Marc

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Warrants	25,000	$0.00	$0.00
Grant/Award	Common Stock	25,000	$2.00	$50K
holding	Common Stock	--	--	--

Holdings After Transaction: Warrants — 25,000 shares (Indirect, By Savbo Investments LLC); Common Stock — 75,000 shares (Indirect, By Savbo Investments LLC); Common Stock — 223,213 shares (Direct)

Footnotes (3)

1. F1. Reflects shares of the Issuer's common stock, par value $0.0001 per share (the "common Stock"), purchased by the Reporting Person from the Issuer in a private placement pursuant to that certain Securities Purchase Agreement, dated as of February 2, 2026, by and among the Issuer and the investors signatory thereto (the "Purchase Agreement").
2. F2. The reported securities are directly owned by Savbo Investments LLC ("Savbo") and may be deemed to be beneficially owned by the Reporting Person as Chief Executive Officer of Savbo. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
3. F3. The warrants (the "PIPE Warrants") were purchased by the Reporting Person from the Issuer in a private placement pursuant to the Purchase Agreement. The exercise price of the PIPE Warrants is subject to adjustment in the event of any issuances of Common Stock of the Issuer or securities convertible, exercisable or exchangeable for Common Stock, at a price below $2.30.

FAQ

What insider transaction did Wrap Technologies (WRAP) disclose for Marc Savas?

Wrap Technologies disclosed that director Marc Savas, through Savbo Investments LLC, acquired 25,000 common shares at $2 per share in a private placement and 25,000 PIPE warrants, increasing his indirect holdings to 75,000 shares, alongside 223,213 shares held directly.

How many Wrap Technologies shares does Savbo Investments LLC hold after the Form 4?

After the reported transactions, Savbo Investments LLC holds 75,000 Wrap Technologies common shares indirectly for director Marc Savas. This reflects the addition of 25,000 shares purchased at $2 per share in the February 2, 2026 private placement under the Securities Purchase Agreement.

What are the terms of the PIPE warrants reported for Wrap Technologies (WRAP)?

The Form 4 shows 25,000 PIPE warrants with an exercise price of $2.30 per share. They are exercisable starting February 3, 2026 and expire on February 3, 2031, with the exercise price adjustable if future qualifying issuances occur below $2.30.

How many Wrap Technologies shares does Marc Savas own directly versus indirectly?

According to the filing, Marc Savas directly owns 223,213 Wrap Technologies common shares. Indirectly, through Savbo Investments LLC, he may be deemed to beneficially own 75,000 additional shares, while disclaiming beneficial ownership beyond his pecuniary interest in those securities.

Was the Wrap Technologies (WRAP) insider purchase part of a private placement?

Yes. The 25,000 Wrap Technologies common shares and associated PIPE warrants were purchased from the issuer in a private placement under a Securities Purchase Agreement dated February 2, 2026, involving the company and the investors signatory to that agreement.

Who actually holds the warrants and new shares tied to Marc Savas at Wrap Technologies?

The reported common shares and PIPE warrants are directly owned by Savbo Investments LLC. As Chief Executive Officer of Savbo, Marc Savas may be deemed to beneficially own them but expressly disclaims beneficial ownership except to the extent of his pecuniary interest.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 02/03/2026 - 09:45 PM Learn about SEC filing dates

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^*

Savas Marc

(Last) (First) (Middle)

C/O WRAP TECHNOLOGIES, INC.

3480 MAIN HWY, SUITE 202

(Street)

MIAMI FL 33133

(City) (State) (Zip)

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		10% Owner
	Officer (give title below)		Other (specify below)

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

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	02/02/2026		A		25,000(1)	A	$2	75,000	I	By Savbo Investments LLC(2)
Common Stock								223,213	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
Warrants	$2.3(3)	02/02/2026		A		25,000		02/03/2026	02/03/2031	Common Stock	25,000	$0	25,000	I	By Savbo Investments LLC(2)

Explanation of Responses:

1. Reflects shares of the Issuer's common stock, par value $0.0001 per share (the "common Stock"), purchased by the Reporting Person from the Issuer in a private placement pursuant to that certain Securities Purchase Agreement, dated as of February 2, 2026, by and among the Issuer and the investors signatory thereto (the "Purchase Agreement").

2. The reported securities are directly owned by Savbo Investments LLC ("Savbo") and may be deemed to be beneficially owned by the Reporting Person as Chief Executive Officer of Savbo. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

3. The warrants (the "PIPE Warrants") were purchased by the Reporting Person from the Issuer in a private placement pursuant to the Purchase Agreement. The exercise price of the PIPE Warrants is subject to adjustment in the event of any issuances of Common Stock of the Issuer or securities convertible, exercisable or exchangeable for Common Stock, at a price below $2.30.

	/s/ Marc Savas	02/03/2026
	** 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.