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.
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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 Trade Summary
| 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 | -- | -- | -- |
Footnotes (3)
- 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.
- 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.
Key Figures
Key Terms
Series A Convertible Preferred Stock financial
beneficial ownership regulatory
pecuniary interest regulatory
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