---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-011139"
form_type: "8-K"
ticker: "WRAP"
cik: "0001702924"
company_name: "WRAP TECHNOLOGIES, INC."
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T13:09:19.235365+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Wrap Technologies appoints CEO Kevin Mullins and two new directors to board; Sentovich not standing for re-election

## Summary
- CEO Kevin Mullins appointed to Board of Directors effective April 21, 2023.
- Bruce T. Bernstein and Marc Savas appointed to Board; each granted options to purchase 30,000 shares at $1.34.
- Kimberly Sentovich will not stand for re-election at 2023 annual meeting; no dispute with company.
- Options granted to Bernstein and Savas vest 50% on April 21, 2024, remainder quarterly over next year.

## SEC filing metadata
- accession: 0001437749-23-011139
- form_type: 8-K
- ticker: WRAP
- cik: 0001702924
- company_name: WRAP TECHNOLOGIES, INC.
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1702924/000143774923011139/0001437749-23-011139-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1702924/000143774923011139/wrap20230425_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-011139
- JSON: https://secwatch.observer/filing/0001437749-23-011139.json
- Plain text: https://secwatch.observer/filing/0001437749-23-011139.txt

## Key facts
- Executive change
  Marc Savas was appointed as member of the Board of Directors at WRAP TECHNOLOGIES, INC..
  - Action: appointed
  - Role: member of the Board of Directors
  source text: On April 21, 2023, Bruce T. Bernstein and Marc Savas were each appointed to serve as members of the Company’s Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/1702924/000143774923011139/0001437749-23-011139-index.htm
- Executive change
  Kevin Mullins was appointed as member of the Board of Directors at WRAP TECHNOLOGIES, INC..
  - Action: appointed
  - Role: member of the Board of Directors
  source text: On April 21, 2023, Kevin Mullins, the Chief Executive Officer and President of Wrap Technologies, Inc. (the “ Company ”), was appointed to serve as a member of the Company’s Board of Directors
  evidence_url: https://www.sec.gov/Archives/edgar/data/1702924/000143774923011139/0001437749-23-011139-index.htm
- Executive change
  Bruce T. Bernstein was appointed as member of the Board of Directors at WRAP TECHNOLOGIES, INC..
  - Action: appointed
  - Role: member of the Board of Directors
  source text: On April 21, 2023, Bruce T. Bernstein and Marc Savas were each appointed to serve as members of the Company’s Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/1702924/000143774923011139/0001437749-23-011139-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.