Wrap Technologies director buys 100,000 shares

WRAP Technologies director John D. Shulman reported an open-market purchase of 100,000 shares of common stock at $1.10 per share.

Rhea-AI Filing Summary

WRAP Technologies director John D. Shulman reported an open-market purchase of 100,000 shares of common stock at $1.10 per share. After this transaction, he directly owns 199,037 shares of WRAP common stock. A separate line in the filing shows 250,000 shares held indirectly through Juggernaut Management, LLC, which directly owns those securities; they may be deemed beneficially owned by Shulman as manager of Juggernaut, though he disclaims beneficial ownership except to the extent of his pecuniary interest.

Insider Trade Summary

Net Buyer: 100,000 shares

Net Buy 2 txns

Insider SHULMAN JOHN D

Role Director

Bought 100,000 shs ($110K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	100,000	$1.10	$110K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 199,037 shares (Direct); Common Stock — 250,000 shares (Indirect, By Juggernaut Management, LLC)

Footnotes (1)

1. F1. The reported securities are directly owned by Juggernaut Management, LLC ("Juggernaut") and may be deemed to be beneficially owned by the Reporting Person as Manager of Juggernaut. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

Key Figures

Shares purchased: 100,000 shares Purchase price: $1.10 per share Direct holdings after trade: 199,037 shares +2 more

5 metrics

Shares purchased 100,000 shares Open-market purchase of WRAP common stock

Purchase price $1.10 per share Price paid for 100,000 purchased shares

Direct holdings after trade 199,037 shares Common stock directly owned by Shulman after purchase

Indirect holdings via Juggernaut 250,000 shares Common stock held by Juggernaut Management, LLC

Net share change 100,000 shares Net buy shares in transaction summary

Key Terms

open-market purchase, beneficially owned, pecuniary interest, indirect ownership

4 terms

open-market purchase financial

"transaction_action: open-market purchase"

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

beneficially owned financial

"may be deemed to be beneficially owned by the Reporting Person"

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"

indirect ownership financial

"The reported securities are directly owned by Juggernaut Management, LLC and may be deemed to be beneficially owned"

FAQ

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

What insider transaction did WRAP director John D. Shulman report?

John D. Shulman reported an open-market purchase of 100,000 shares of WRAP Technologies common stock at $1.10 per share, increasing his directly held position to 199,037 shares after the transaction.

At what price did John D. Shulman buy WRAP (WRAP) shares?

Shulman bought 100,000 WRAP Technologies common shares at $1.10 per share. This was an open-market purchase and brought his directly owned holdings to 199,037 shares following the trade.

How many WRAP shares does John D. Shulman own after this Form 4?

Following the reported purchase, Shulman directly owns 199,037 WRAP Technologies common shares. The filing also shows 250,000 shares held indirectly through Juggernaut Management, LLC, which directly owns those securities.

What is the indirect WRAP ownership reported via Juggernaut Management, LLC?

The Form 4 lists 250,000 WRAP Technologies common shares held by Juggernaut Management, LLC. As manager of Juggernaut, Shulman may be deemed a beneficial owner but disclaims ownership beyond his pecuniary interest.

Was the WRAP (WRAP) insider transaction a buy or a sell?

The key WRAP Technologies insider transaction was a buy. Shulman completed an open-market purchase of 100,000 common shares at $1.10, with no reported sales in this Form 4 filing.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 07/09/2026 - 07:04 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^*

SHULMAN JOHN D

(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)
07/08/2026

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	07/08/2026		P		100,000	A	$1.1	199,037	D
Common Stock								250,000	I	By Juggernaut Management, LLC(1)

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. The reported securities are directly owned by Juggernaut Management, LLC ("Juggernaut") and may be deemed to be beneficially owned by the Reporting Person as Manager of Juggernaut. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

	/s/ John Shulman	07/09/2026
	** 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)