{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-028307","form_type":"8-K","ticker":"WRAP","cik":"0001702924","company_name":"WRAP TECHNOLOGIES, INC.","filed_at":"2023-10-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.102257+00:00","generated_at":"2026-06-09T23:26:07.950107+00:00","sec_items":["1.01","5.02","8.01","9.01"],"event_type":"leadership","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Wrap Technologies names Scot Cohen Executive Chairman, adds two new directors","bullets":["Scot Cohen appointed Executive Chairman, effective Oct 12, 2023; annual base salary $200,000.","Cohen receives $1.35M in equity (RSA + options) vesting on market cap milestones ($100M-$200M) and revenue targets.","Directors Michael Parris and Wayne Walker resigned without dispute; Walker gets $20K and accelerated option vesting.","Rajiv Srinivasan and Timothy Szymanski appointed to board; each granted options for 30,000 shares at $1.40.","Szymanski is retired Navy SEAL Vice Admiral; Srinivasan is former Microsoft director with military background."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-028307","json":"https://secwatch.observer/filing/0001437749-23-028307.json","markdown":"https://secwatch.observer/filing/0001437749-23-028307.md","text":"https://secwatch.observer/filing/0001437749-23-028307.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1702924/000143774923028307/0001437749-23-028307-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1702924/000143774923028307/wrap20231015_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T23:26:07.950107+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2de2d9ec80","claim":"Scot Cohen was appointed as Executive Chairman at WRAP TECHNOLOGIES, INC..","evidence_excerpt":"the Board of Directors (the “ Board ”) of Wrap Technologies, Inc. (the “ Company ”) appointed Scot Cohen, the Company’s current Chairman of the Board, to the position of Executive Chairman, effective October 12, 2023","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1702924/000143774923028307/0001437749-23-028307-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Executive Chairman"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}