---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-019686"
form_type: "8-K"
ticker: "WRAP"
cik: "0001702924"
company_name: "WRAP TECHNOLOGIES, INC."
filed_at: "2025-10-27T23:59:59+00:00"
generated_at: "2026-05-17T02:11:59.580986+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Wrap Tech CFO departs, CEO takes dual finance roles; Juggernaut founder joins board

## Summary
- Jerry Ratigan mutually separated as CFO, PFO, PAO effective Oct 24, 2025; receives $50k severance.
- CEO Scot Cohen appointed as Principal Financial and Accounting Officer, effective immediately, no additional compensation.
- Board expanded to six; John Shulman (Juggernaut Capital, $1B+ AUM) appointed director, effective Oct 25, 2025.
- Shulman, a substantial investor in Wrap, brings 25+ yrs private equity experience; serves until next annual meeting.

## SEC filing metadata
- accession: 0001493152-25-019686
- form_type: 8-K
- ticker: WRAP
- cik: 0001702924
- company_name: WRAP TECHNOLOGIES, INC.
- filed_at: 2025-10-27T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1702924/000149315225019686/0001493152-25-019686-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1702924/000149315225019686/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-019686
- JSON: https://secwatch.observer/filing/0001493152-25-019686.json
- Plain text: https://secwatch.observer/filing/0001493152-25-019686.txt

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