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