WRAP Technologies (NASDAQ: WRAP) director receives 3,346 RSUs

Rhea-AI Filing Summary

WRAP Technologies director Rajiv Srinivasan reported an equity award of 3,346 shares of common stock through a grant of restricted stock units (RSUs). The award was recorded at a price of $0 per share, reflecting that it is a compensatory grant rather than an open‑market purchase.

According to the terms, 1,004 of the RSUs vested on the January 12, 2026 grant date, and the remaining units vest in eleven equal monthly tranches. After this grant, Srinivasan beneficially owns 145,107 shares of WRAP common stock directly.

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
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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^*

Srinivasan Rajiv

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

3. Date of Earliest Transaction (Month/Day/Year)
01/12/2026

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	01/12/2026		A		3,346	A	$0(1)	145,107	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, 1,004 of the RSUs vested and the remainder of the RSUs vest ratably in eleven monthly tranches.

	/s/ Rajiv Srinivasan	01/12/2026
	** 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 transaction did WRAP (WRAP) disclose for Rajiv Srinivasan?

The company reported that director Rajiv Srinivasan received 3,346 shares of WRAP common stock via a grant of restricted stock units (RSUs) on January 12, 2026.

Was the WRAP director’s January 12, 2026 share grant a purchase or an RSU award?

The transaction was an RSU grant, not a market purchase. It is described as “a grant of Restricted Stock Units ("RSUs")” with a reported $0 per-share price.

How do the granted RSUs to WRAP director Rajiv Srinivasan vest?

On the grant date, 1,004 RSUs vested immediately, and the remaining RSUs vest ratably in eleven monthly tranches, providing monthly vesting over the following months.

How many WRAP shares does Rajiv Srinivasan own after this RSU grant?

Following the reported transaction, Rajiv Srinivasan beneficially owns 145,107 shares of WRAP common stock, all reported as direct ownership.

What is Rajiv Srinivasan’s role at WRAP Technologies?

The reporting person, Rajiv Srinivasan, is identified as a director of WRAP Technologies and is not listed as a 10% owner or officer in this report.

Did the WRAP director use a Rule 10b5-1 trading plan for this transaction?

The form includes a checkbox for transactions under a Rule 10b5-1(c) trading plan, but the provided content does not indicate that this particular RSU grant was made under such a plan.