other
confidence high
sentiment neutral
materiality 0.55
Wrap Technologies grants 500k RSUs and 1M stock options to CEO and COO
WRAP TECHNOLOGIES, INC.
- CEO Scot Cohen and COO Jared Novick each received 250,000 RSUs that vested immediately on Feb 5, 2025.
- Each also received options to buy 500,000 shares at $1.98, vesting in four equal annual installments.
- Grants made under the 2017 Equity Compensation Plan.
- Total potential dilution: 500k shares from RSUs and up to 1M shares from options.