Wrap Technologies (WRAP) chief reports stock awards and dividend shares

Rhea-AI Filing Summary

WRAP Technologies Executive Chairman and CEO Scot Cohen reported stock acquisitions on Form 4. On March 4, 2026, an entity called V4 Global LLC received 38,740 shares of common stock, issued as a dividend payment on Series A Convertible Preferred Stock. These securities are directly owned by V4 Global LLC and may be deemed beneficially owned by Cohen as its managing member, although he disclaims beneficial ownership except for his pecuniary interest.

On the same date, Cohen also reported a separate grant or award acquisition of 27,672 shares of common stock held directly. After this direct transaction, his direct holdings totaled 6,559,837 shares of common stock.

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

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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.

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	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Chairman and CEO

3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026

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	03/04/2026		A		38,740(1)	A	$0	1,973,271	I	By V4 Global LLC(2)
Common Stock	03/04/2026		A		27,672(1)	A	$0	6,559,837	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

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.

	/s/ Scot Cohen	03/06/2026
	** 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.

FAQ

What insider stock transactions did WRAP’s Scot Cohen report on this Form 4?

Scot Cohen reported two stock acquisitions. V4 Global LLC received 38,740 WRAP common shares as a dividend on Series A Convertible Preferred Stock, and Cohen directly acquired 27,672 common shares as a grant or award on March 4, 2026.

How many WRAP shares did V4 Global LLC receive in the March 4, 2026 transaction?

V4 Global LLC received 38,740 shares of WRAP common stock. These shares were issued as a payment of dividends on WRAP’s Series A Convertible Preferred Stock, and are directly owned by V4 Global LLC, not personally by Scot Cohen.

How many WRAP shares did Scot Cohen acquire directly in this Form 4 filing?

Scot Cohen directly acquired 27,672 shares of WRAP common stock as a grant or award. Following this direct transaction, his reported direct holdings increased to a total of 6,559,837 WRAP common shares according to the Form 4 data.

Are the WRAP shares held by V4 Global LLC considered beneficially owned by Scot Cohen?

The securities held by V4 Global LLC may be deemed beneficially owned by Scot Cohen as V4’s managing member. However, he expressly disclaims beneficial ownership of those shares, except to the extent of his pecuniary interest in the V4 Global LLC holdings.

Were Scot Cohen’s WRAP stock transactions open-market purchases or awards?

The Form 4 characterizes both transactions as grant, award, or other acquisitions. One was a stock issuance as a dividend on Series A Convertible Preferred Stock to V4 Global LLC, and the other was a direct grant or award of 27,672 common shares to Cohen.

What is the nature of Scot Cohen’s indirect ownership in WRAP through V4 Global LLC?

The filing lists Cohen’s ownership of 38,740 WRAP shares as indirect, held “By V4 Global LLC.” V4 directly owns the securities, and Cohen may be deemed a beneficial owner as managing member, while disclaiming beneficial ownership beyond his pecuniary interest.