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WRAP Technologies CEO receives 1,655 dividend shares

The report separates Scot Cohen's direct position from shares directly owned by V4 Global LLC and the holdings in his Roth IRA.

(Neutral)

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.

Form Type
4

Rhea-AI Filing Summary

WRAP Technologies, Inc. reported that Executive Chairman and CEO Scot Cohen directly received 1,655 common shares on October 1, 2026, issued as payment of dividends on Series A Convertible Preferred Stock. V4 Global LLC directly received 2,318 common shares for the same dividend payment. After the transactions, Cohen's direct position was 10,610,742 shares and V4 Global LLC directly held 2,044,539 shares. Scot Cohen Roth IRA directly held 209,353 shares. Cohen may be deemed to beneficially own V4's shares as its managing member, but disclaims beneficial ownership except to the extent of his pecuniary interest.

Insider Cohen Scot
Role Executive Chairman and CEO
Type Security Shares Price Value
Grant/Award Common Stock F1 1,655 $0.00 $0.00
Grant/Award Common Stock F1, F2 2,318 $0.00 $0.00
holding Common Stock F3 -- -- --
Holdings After Transaction: Common Stock — 10,610,742 shares (Direct); Common Stock — 2,044,539 shares (Indirect, By V4 Global LLC); Common Stock — 209,353 shares (Indirect, By Scot Cohen Roth IRA)
Footnotes (3)
  1. 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.
  2. 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.
  3. F3. The reported securities are directly owned by Scot Cohen Roth IRA ("SC IRA"). The Reporting Person is deemed the beneficial owners of such securities as the sole holder of the SC IRA.
Common shares issued directly to Scot Cohen 1,655 common shares Issued October 1, 2026 as payment of dividends on Series A Convertible Preferred Stock
Common shares issued directly to V4 Global LLC 2,318 common shares Issued October 1, 2026 as payment of dividends on Series A Convertible Preferred Stock
Scot Cohen direct position 10,610,742 shares Reported following the October 1, 2026 transaction
V4 Global LLC direct position 2,044,539 shares Reported following the October 1, 2026 transaction
Scot Cohen Roth IRA position 209,353 shares Shares directly owned by the Roth IRA
Series A Convertible Preferred Stock financial
"dividends on the Issuer's Series A Convertible Preferred Stock"
Series A convertible preferred stock is a class of shares sold in an early funding round that gives investors a mix of protection and upside: it pays a priority claim over common shares if the company is sold or closes, but can be converted into ordinary shares to share in future growth. Think of it like a hybrid between a safer stake and a ticket to ownership; it matters to investors because it affects who controls the company, how future gains are split, and how much their investment is protected from downside.
beneficial ownership regulatory
"disclaims beneficial ownership of the reported securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest regulatory
"except to the extent of his pecuniary interest therein"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many shares did WRAP issue as dividend payments?

WRAP issued 1,655 common shares directly to Scot Cohen and 2,318 common shares directly to V4 Global LLC on October 1, 2026, as payment of dividends on Series A Convertible Preferred Stock.

Does Scot Cohen beneficially own WRAP shares held by V4 Global LLC?

Scot Cohen may be deemed to beneficially own V4 Global LLC's shares as its managing member, but he disclaims beneficial ownership except to the extent of his pecuniary interest.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
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*
Cohen Scot

(Last)(First)(Middle)
C/O WRAP TECHNOLOGIES, INC.
3350 VIRGINIA STREET

(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)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
Executive Chairman and CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2026
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 Stock10/01/2026A1,655(1)A$010,610,742D
Common Stock10/01/2026A2,318(1)A$02,044,539IBy V4 Global LLC(2)
Common Stock209,353IBy Scot Cohen Roth IRA(3)
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 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.
2. 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.
3. The reported securities are directly owned by Scot Cohen Roth IRA ("SC IRA"). The Reporting Person is deemed the beneficial owners of such securities as the sole holder of the SC IRA.
/s/ Scot Cohen10/09/2026
** 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)

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