Wrap Technologies (WRAP) director awarded 19,643 RSUs of common stock

Rhea-AI Filing Summary

Bernstein Bruce reported acquisition or exercise transactions in this Form 4 filing.

WRAP TECHNOLOGIES, INC. director Bruce Bernstein received a grant of 19,643 shares of common stock in the form of Restricted Stock Units on April 1, 2026. According to the terms, 12,768 RSUs vested on the grant date and the remaining RSUs vest in eight equal monthly tranches. Following this award, he directly holds 250,848 shares of WRAP common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Bernstein Bruce

Role null

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

Holdings After Transaction: Common Stock — 250,848 shares (Direct, null)

Footnotes (1)

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Key Figures

RSUs granted: 19,643 shares RSUs vested immediately: 12,768 shares Remaining RSUs to vest: 6,875 shares +2 more

5 metrics

RSUs granted 19,643 shares Restricted Stock Units of common stock granted on April 1, 2026

RSUs vested immediately 12,768 shares Portion of RSU grant that vested on the grant date

Remaining RSUs to vest 6,875 shares Unvested RSUs scheduled to vest in eight monthly tranches

Shares owned after transaction 250,848 shares Director’s direct WRAP common stock holdings following the grant

Grant price per share $0.0000 per share Indicates stock was received as a grant, not purchased in the market

Key Terms

Restricted Stock Units ("RSUs"), Grant, award, or other acquisition, Form 4

3 terms

Restricted Stock Units ("RSUs") financial

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

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

Grant, award, or other acquisition financial

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

Form 4 regulatory

"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.

Form 4 Insider Transactions: What Each Field Means →

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^*

Bernstein Bruce

(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)	250,848	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, 12,768 of the RSUs vested and the remainder of the RSUs vest ratably in eight monthly tranches.

	/s/ Bruce Bernstein	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)

FAQ

What insider transaction did WRAP (WRAP) report for Bruce Bernstein?

WRAP reported that director Bruce Bernstein received a grant of 19,643 Restricted Stock Units of common stock. The Form 4 shows this as a compensation-related award rather than an open-market purchase, with no cash price per share listed for the transaction.

How many WRAP (WRAP) RSUs vested immediately in Bruce Bernstein’s grant?

Of the 19,643 Restricted Stock Units granted to director Bruce Bernstein, 12,768 RSUs vested on the grant date. The remaining units are scheduled to vest over time, providing ongoing equity-based compensation and aligning part of his pay with WRAP’s share performance.

What is the vesting schedule for Bruce Bernstein’s WRAP (WRAP) RSU award?

The filing states that 12,768 RSUs vested immediately on the grant date, while the remaining RSUs vest ratably in eight monthly tranches. This means additional portions of the award convert into shares each month over the following eight months, assuming continued service.

How many WRAP (WRAP) shares does Bruce Bernstein hold after this Form 4 transaction?

After the RSU grant reported in the Form 4, director Bruce Bernstein directly holds 250,848 shares of WRAP common stock. This figure reflects his position immediately following the reported grant and vesting event, as disclosed in the filing’s post-transaction ownership line.

Was Bruce Bernstein’s WRAP (WRAP) RSU transaction a market buy or sell?

The transaction is reported with code “A” as a grant or award of 19,643 RSUs at a price of $0.0000 per share. This indicates a compensation-related equity award, not an open-market purchase or sale, and therefore does not represent a typical buy or sell decision.