WRAP director receives 19,643 restricted stock units

Srinivasan Rajiv reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Srinivasan Rajiv reported acquisition or exercise transactions in this Form 4 filing.

WRAP TECHNOLOGIES, INC. director Rajiv Srinivasan reported an equity compensation grant of 19,643 shares of Common Stock in the form of Restricted Stock Units. The grant was made at no cash cost per share.

According to the footnote, 12,763 of these RSUs vested on the grant date, and the remaining units vest in eight equal monthly installments. Following this award, Srinivasan directly holds 164,750 shares of WRAP common stock.

Insider Trade Summary

Grant/Award: 19,643 shares

Grant/Award 1 txn

Insider Srinivasan Rajiv

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	19,643	$0.00	$0.00

Holdings After Transaction: Common Stock — 164,750 shares (Direct)

Footnotes (1)

1. F1. Represents a grant of Restricted Stock Units ("RSUs"). On the date of grant, 12,763 of the RSUs vested and the remainder of the RSUs vest ratably in eight monthly tranches.

Key Figures

RSUs granted: 19,643 shares RSUs vested on grant date: 12,763 shares Remaining vesting tranches: 8 monthly tranches +2 more

5 metrics

RSUs granted 19,643 shares Restricted Stock Units of Common Stock granted to director

RSUs vested on grant date 12,763 shares Portion of RSU grant that vested immediately

Remaining vesting tranches 8 monthly tranches Unvested RSUs vest ratably over eight months

Holdings after transaction 164,750 shares Total WRAP common shares directly held after grant

Grant price per share $0.0000 per share Indicates stock-based compensation, not a cash purchase

Key Terms

Restricted Stock Units, RSUs, Form 4, Common Stock, +1 more

5 terms

Restricted Stock Units financial

"Represents a grant of Restricted Stock Units ("RSUs")."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

RSUs financial

"On the date of grant, 12,763 of the RSUs vested"

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

Form 4 financial

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Common Stock financial

"security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

FAQ

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

What insider transaction did WRAP (WRAP) report for Rajiv Srinivasan?

WRAP reported that director Rajiv Srinivasan received a grant of 19,643 shares of Common Stock as Restricted Stock Units. The grant is equity compensation, not an open-market purchase, and was reported on a Form 4 insider filing.

How many WRAP RSUs vested immediately in Rajiv Srinivasan’s grant?

On the grant date, 12,763 of the 19,643 Restricted Stock Units granted to director Rajiv Srinivasan vested immediately. The remaining RSUs are scheduled to vest over time in eight equal monthly tranches after the grant date.

What is Rajiv Srinivasan’s WRAP share ownership after this Form 4 transaction?

After the reported RSU grant, director Rajiv Srinivasan directly holds 164,750 shares of WRAP common stock. This figure reflects his total direct ownership following the transaction as disclosed in the Form 4 filing data.

Did Rajiv Srinivasan pay cash for the WRAP shares reported in this Form 4?

No, the Form 4 shows a transaction price of 0.0000 per share, indicating this was a stock-based compensation grant rather than a cash purchase. The shares were received as Restricted Stock Units awarded by the company.

How do the remaining WRAP RSUs for Rajiv Srinivasan vest over time?

Besides the portion that vested on the grant date, the remaining Restricted Stock Units awarded to Rajiv Srinivasan vest ratably in eight monthly tranches. This schedule gradually delivers the rest of the 19,643 granted units over the following months.

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

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Accepted by SEC EDGAR 05/01/2026 - 09:05 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^*

Srinivasan Rajiv

(Last) (First) (Middle)

C/O WRAP TECHNOLOGIES, INC.

3480 MAIN HWY, SUITE 202

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/01/2026		A		19,643	A	$0(1)	164,750	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 a grant of Restricted Stock Units ("RSUs"). On the date of grant, 12,763 of the RSUs vested and the remainder of the RSUs vest ratably in eight monthly tranches.

	/s/ Rajiv Srinivasan	05/01/2026
	** 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.
* Form 4: SEC 1474 (03-26)