Scot Cohen - 18 Aug 2025 Form 4 Insider Report for WRAP TECHNOLOGIES, INC. (WRAP)

Role: Executive Chairman and CEO, Director, 10%+ Owner
Signature: /s/ Scot Cohen
Issuer symbol: WRAP
Transactions as of: 18 Aug 2025
Net transactions value: $0
Form type: 4
Filing time: 28 Aug 2025, 16:05:25 UTC
Previous filing: 11 Apr 2025
Next filing: 03 Sep 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Cohen Scot	Executive Chairman and CEO, Director, 10%+ Owner	C/O WRAP TECHNOLOGIES, INC., 3480 MAIN HWY, SUITE 202, MIAMI	/s/ Scot Cohen	28 Aug 2025	0001558913

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	WRAP	Warrants	Award		+666,667			666,667	18 Aug 2025	Common Stock	666,667	$1.50	By V4 Global LLC	F1, F2, F3
transaction	WRAP	Series B Convertible Preferred Stock	Award		+1,000			1,000	18 Aug 2025	Common Stock	666,667	$1.50	By V4 Global LLC	F3, F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The warrants (the "Warrants") were purchased by the Reporting Person from the Issuer in a private placement pursuant to that certain Securities Purchase Agreement, dated as of August 18, 2025 (the "Purchase Agreement"). The exercise price of the Warrants is subject to adjustment in the event of any issuances of common stock, par value $0.0001 per share ("Common Stock"), of the Issuer or securities convertible, exercisable or exchangeable for Common Stock, at a price below $1.50, in such case the number of shares of Common Stock issuable upon exercise of Warrants will be adjusted proportionally.
F2	The Reporting Person's ability to exercise the Warrants is conditioned on the Issuer obtaining the requisite stockholder approval ("Stockholder Approval") as set forth in the Purchase Agreement. The Warrants expire on the date that is five years from the date of such Stockholder Approval.
F3	The reported securities are directly owned by V4 Global LLC ("V4") and may be deemed to be beneficially owned by the Reporting Person as managing member of V4. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
F4	The shares of Series B Convertible Preferred Stock of the Issuer (the "Preferred Stock") were purchased by the Reporting Person from the Issuer in a private placement pursuant to the Purchase Agreement. The shares of Preferred Stock are convertible at an initial conversion price equal to $1.50 per share, subject to certain adjustments.
F5	The Reporting Person's ability to convert the shares of Preferred Stock is conditioned on the Issuer obtaining Stockholder Approval. The shares of Preferred Stock do not expire.