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Wrap Technologies (WRAP) director awarded 7,063 RSUs grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Wrap Technologies, Inc. director Marc Savas reported an equity award linked to the company’s common stock on January 12, 2026. The transaction covers 7,063 shares at a stated price of $0.00, reflecting a grant rather than an open-market purchase. According to the footnote, this represents a grant of Restricted Stock Units, with 2,119 RSUs vesting on the grant date and the remaining units vesting in eleven equal monthly installments. After this award, Savas is shown as beneficially owning 223,213 shares of Wrap Technologies common stock directly.

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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*
Savas Marc

(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 7,063 A $0(1) 223,213 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, 2,119 of the RSUs vested and the remainder of the RSUs vest ratably in eleven monthly tranches.
/s/ Marc Savas 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 report for Marc Savas?

Wrap Technologies, Inc. reported that director Marc Savas received an equity award tied to its common stock, totaling 7,063 shares on January 12, 2026.

How many shares were included in Marc Savas’s latest WRAP equity grant?

The reported grant for Wrap Technologies director Marc Savas covered 7,063 shares associated with the company’s common stock, at a stated price of $0.00 per share.

How do the RSUs granted to Marc Savas vest at Wrap Technologies (WRAP)?

The RSU grant to Marc Savas provides that 2,119 RSUs vested on the grant date, with the remaining units scheduled to vest ratably in eleven monthly tranches.

What is Marc Savas’s share ownership in WRAP after this transaction?

Following the reported award, Marc Savas is shown as beneficially owning 223,213 shares of Wrap Technologies common stock in direct ownership.

Was Marc Savas’s WRAP equity award a market purchase or a grant?

The transaction is coded as an “A” (acquisition) at a price of $0.00 per share and described as a grant of Restricted Stock Units, indicating it was an equity award, not a market purchase.

What role does Marc Savas hold at Wrap Technologies (WRAP)?

Marc Savas is identified as a director of Wrap Technologies, Inc. in the insider report, with no officer title or 10% owner status indicated.

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Scientific & Technical Instruments
Ordnance & Accessories, (no Vehicles/guided Missiles)
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United States
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