---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-003433"
form_type: "8-K"
ticker: "WRAP"
cik: "0001702924"
company_name: "WRAP TECHNOLOGIES, INC."
filed_at: "2025-02-11T23:59:59+00:00"
generated_at: "2026-05-26T23:26:37.064095+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Wrap Technologies grants 500k RSUs and 1M stock options to CEO and COO

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-25-003433
- form_type: 8-K
- ticker: WRAP
- cik: 0001702924
- company_name: WRAP TECHNOLOGIES, INC.
- filed_at: 2025-02-11T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1702924/000143774925003433/0001437749-25-003433-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1702924/000143774925003433/wrap20250211_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-003433
- JSON: https://secwatch.observer/filing/0001437749-25-003433.json
- Plain text: https://secwatch.observer/filing/0001437749-25-003433.txt

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