WRAP director awarded 19,643 RSU shares

WRAP TECHNOLOGIES, INC. director Marc Savas reported an acquisition of company stock through an equity award.

Rhea-AI Filing Summary

WRAP TECHNOLOGIES, INC. director Marc Savas reported an acquisition of company stock through an equity award. He received 19,643 shares of Common Stock as a grant valued at $0.0000 per share, structured as Restricted Stock Units (RSUs). On the grant date, 12,768 RSUs vested, with the remaining units scheduled to vest in eight equal monthly installments. After this award, Savas directly holds 242,856 shares of WRAP common stock. Separately, 75,000 shares are held indirectly through Savbo Investments LLC, which may be deemed beneficially owned by him as its Chief Executive Officer, subject to his stated pecuniary interest.

Insider Trade Summary

Grant/Award: 19,643 shares

Grant/Award 2 txns

Insider Savas Marc

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	19,643	$0.00	$0.00
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 242,856 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, 12,768 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.

Key Figures

RSU grant size: 19,643 shares Immediate RSU vesting: 12,768 shares Vesting schedule remainder: 8 monthly tranches +3 more

6 metrics

RSU grant size 19,643 shares Restricted Stock Units granted to Marc Savas, Common Stock

Immediate RSU vesting 12,768 shares RSUs that vested on the grant date

Vesting schedule remainder 8 monthly tranches Remaining RSUs vest ratably over eight months

Award price per share $0.0000 per share Price for RSU-based Common Stock grant

Direct holdings after grant 242,856 shares WRAP common stock directly owned by Marc Savas after award

Indirect holdings via Savbo 75,000 shares WRAP common stock held by Savbo Investments LLC

Key Terms

Restricted Stock Units ("RSUs"), vest ratably, beneficially owned, pecuniary interest

4 terms

Restricted Stock Units ("RSUs") financial

"Represents a grant of Restricted Stock Units ("RSUs"). On the date of grant..."

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

vest ratably financial

"the remainder of the RSUs vest ratably in eight monthly tranches"

beneficially owned financial

"may be deemed to be beneficially owned by the Reporting Person as Chief Executive Officer of Savbo"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

pecuniary interest financial

"disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein"

FAQ

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

What insider transaction did WRAP director Marc Savas report on this Form 4?

Marc Savas reported an acquisition of WRAP common stock via an equity award. He received 19,643 RSU-based shares at $0.0000 per share, with part vesting immediately and the rest vesting in eight monthly tranches as compensation, not an open‑market purchase.

How many WRAP RSUs granted to Marc Savas vested immediately?

Out of 19,643 Restricted Stock Units granted to Marc Savas, 12,768 RSUs vested on the grant date. The remaining RSUs are scheduled to vest in eight equal monthly tranches, creating a short-term, time-based vesting schedule tied to continued service.

What are Marc Savas’s direct WRAP share holdings after this RSU grant?

Following the RSU grant, Marc Savas directly holds 242,856 shares of WRAP common stock. This figure reflects his direct ownership position after the 19,643-share award and associated vesting, excluding any separate indirect holdings through entities like Savbo Investments LLC.

What WRAP shares are held indirectly through Savbo Investments LLC?

Savbo Investments LLC holds 75,000 WRAP common shares, reported as indirect holdings associated with Marc Savas. As Chief Executive Officer of Savbo, he may be deemed to beneficially own these shares, though he disclaims beneficial ownership beyond his pecuniary interest.

Is the WRAP Form 4 transaction a market purchase or a compensation grant?

The transaction is a compensation-related grant, not a market purchase. The Form 4 shows an “A” code grant of 19,643 RSU-based shares at $0.0000 per share, representing a stock-based award rather than an open-market buy or sell transaction.

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

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Accepted by SEC EDGAR 05/01/2026 - 09:04 PM Learn about SEC filing dates

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 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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/01/2026		A		19,643	A	$0(1)	242,856	D
Common Stock								75,000	I	By 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)
				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, 12,768 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 Savas	05/01/2026
	** 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.
* Form 4: SEC 1474 (03-26)