Wrap Technologies CEO gains 46,876 dividend shares
WRAP’s Executive Chairman and CEO received common shares as stock dividends on Series A preferred holdings, increasing both direct and indirect positions.
Rhea-AI Filing Summary
WRAP TECHNOLOGIES, INC. (symbol: WRAP) is the issuer of record for a Form 4 filing submitted to the SEC. Cohen Scot reported acquisition or exercise transactions in this Form 4 filing.
WRAP TECHNOLOGIES, INC. (WRAP) reported that Executive Chairman and CEO, and ten percent owner, Scot Cohen had Common Stock credited on September 4, 2026 as stock dividends on Series A Convertible Preferred Stock. He received 19,532 shares directly and 27,344 shares indirectly through V4 Global LLC, both at no cash price as they were issued as dividend payments. Following these transactions, Cohen directly holds 10,609,087 shares, with an additional 2,042,221 shares held indirectly through V4 Global LLC and 209,353 shares held indirectly through the Scot Cohen Roth IRA.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 19,532 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1, F2 | 27,344 | $0.00 | $0.00 |
| holding | Common Stock F3 | -- | -- | -- |
Footnotes (3)
- 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.
- F3. The reported securities are directly owned by Scot Cohen Roth IRA ("SC IRA"). The Reporting Person is deemed the beneficial owners of such securities as the sole holder of the SC IRA.
Key Figures
Key Terms
Series A Convertible Preferred Stock financial
Common Stock financial
par value financial
beneficial ownership financial
pecuniary interest financial
Roth IRA financial
FAQ
What insider transactions did WRAP’s Executive Chairman report on this Form 4?
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