WRAP CEO reports stock awards on Form 4
WRAP Technologies Executive Chairman and CEO Scot Cohen reported stock acquisitions on Form 4.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 38,740 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 27,672 | $0.00 | $0.00 |
Footnotes (2)
- 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider stock transactions did WRAP’s Scot Cohen report on this Form 4?
Were Scot Cohen’s WRAP stock transactions open-market purchases or awards?
What is the nature of Scot Cohen’s indirect ownership in WRAP through V4 Global LLC?
AI-generated analysis. How Rhea-AI works. Not financial advice.