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WRAP Technologies grants Marc Savas 21,154 stock units

The award schedule specifies 13,750 RSUs vesting on the grant date and the remainder vesting ratably in eight monthly tranches.

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Form Type
4

Rhea-AI Filing Summary

WRAP Technologies, Inc. director Marc Savas received a grant of 21,154 restricted stock units on October 1, 2026. Of these, 13,750 vested on the grant date; the remainder vest ratably in eight monthly tranches. Afterward, Savas directly held 264,010 common shares. Savbo Investments LLC directly held 75,000 shares; these may be deemed beneficially owned by Savas as Savbo’s CEO, though he disclaimed beneficial ownership except to the extent of his pecuniary interest.

Insider Savas Marc
Role Director
Type Security Shares Price Value
Grant/Award Common Stock F1 21,154 $0.00 $0.00
holding Common Stock F2 -- -- --
Holdings After Transaction: Common Stock — 264,010 shares (Direct); Common Stock — 75,000 shares (Indirect, By Savbo Investments LLC)
Footnotes (2)
  1. F1. Represents a grant of Restricted Stock Units ("RSUs"). On the date of grant, 13,750 of the RSUs vested and the remainder of the RSUs vest ratably in eight monthly tranches.
  2. F2. The reported securities are directly owned by Savbo Investments LLC ("Savbo") and may be deemed to be beneficially owned by the Reporting Person as Chief Executive Officer of Savbo. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
RSUs granted 21,154 RSUs Grant on October 1, 2026
RSUs vested at grant 13,750 RSUs Vested on October 1, 2026
Monthly vesting tranches 8 tranches The remaining RSUs vest ratably
Direct common shares following grant 264,010 shares Marc Savas’s reported direct holdings after the October 1, 2026 transaction
Common shares held by Savbo Investments LLC 75,000 shares Directly owned by Savbo Investments LLC
Restricted Stock Units financial
"grant of Restricted Stock Units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vest ratably financial
"the remainder of the RSUs vest ratably in eight monthly tranches"
pecuniary interest regulatory
"except to the extent of his pecuniary interest therein"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many RSUs did WRAP director Marc Savas receive?

Marc Savas received 21,154 RSUs on October 1, 2026. Of those, 13,750 vested on that date, and the balance vest ratably in eight monthly tranches.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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.
3350 VIRGINIA STREET

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock10/01/2026A21,154A$0(1)264,010D
Common Stock75,000IBy Savbo Investments LLC(2)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents a grant of Restricted Stock Units ("RSUs"). On the date of grant, 13,750 of the RSUs vested and the remainder of the RSUs vest ratably in eight monthly tranches.
2. The reported securities are directly owned by Savbo Investments LLC ("Savbo") and may be deemed to be beneficially owned by the Reporting Person as Chief Executive Officer of Savbo. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
/s/ Marc Savas10/09/2026
** Signature of Reporting PersonDate
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)

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