WRAP (WRAP) director granted stock options for 34,998 common shares at $1.45
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WRAP TECHNOLOGIES, INC. director Rajiv Srinivasan received a grant of stock options as part of his compensation. On July 1, 2026, he was awarded options to acquire 34,998 shares of common stock at an exercise price of $1.45 per share, expiring on July 1, 2036. These options are held directly and represent an acquisition of derivative securities rather than an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Srinivasan Rajiv
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 34,998 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 34,998 shares (Direct, null)
Footnotes (1)
Key Figures
Option grant size: 34,998 shares
Exercise price: $1.45 per share
Expiration date: July 1, 2036
+2 more
5 metrics
Option grant size
34,998 shares
Stock Option (Right to Buy) underlying common shares
Exercise price
$1.45 per share
Conversion or exercise price of stock options
Expiration date
July 1, 2036
Option expiration for the granted Stock Option (Right to Buy)
Holdings after grant
34,998 derivative securities
Total stock options held following this transaction
Transaction date
July 1, 2026
Date of stock option grant
Key Terms
Stock Option (Right to Buy), Common Stock, Grant, award, or other acquisition, derivative securities
4 terms
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
Common Stock financial
"underlying_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""
derivative securities financial
"derivativeTransactionCount for all derivative-type records"
Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.
FAQ
What insider transaction did WRAP director Rajiv Srinivasan report on this Form 4?
Rajiv Srinivasan reported receiving a grant of stock options. He was awarded options for 34,998 shares of WRAP common stock, giving him the right to buy those shares at a fixed exercise price set in the grant.
What is the exercise price of Rajiv Srinivasan’s WRAP stock options?
The stock options have an exercise price of $1.45 per share. This means Srinivasan can buy WRAP common shares at $1.45 when he exercises the options, subject to any vesting or other plan conditions outside this report.
When do Rajiv Srinivasan’s WRAP stock options expire?
These stock options expire on July 1, 2036. Until that expiration date, and subject to vesting terms, Srinivasan may choose to exercise the options to purchase WRAP common stock at the fixed exercise price of $1.45 per share.