secwatch.observer — SEC 8-K summary
======================================

Issuer:     WRAP TECHNOLOGIES, INC. (WRAP)
CIK:        0001702924
Form:       8-K
Filed at:   2023-04-26T23:59:59+00:00
Accession:  0001437749-23-011139
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1702924/000143774923011139/0001437749-23-011139-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1702924/000143774923011139/wrap20230425_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-011139

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer