{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-041992","form_type":"8-K","ticker":"WRAP","cik":"0001702924","company_name":"WRAP TECHNOLOGIES, INC.","filed_at":"2026-09-09T21:14:43+00:00","discovered_at":"2026-09-09T21:16:00.799479+00:00","generated_at":"2026-09-09T21:16:06.360607+00:00","sec_items":["1.01","5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Wrap Technologies grants CEO Cohen 4M and COO Novick 2M performance shares; extends option exercise period","bullets":["Cohen and Novick each get $200k base salary, 2-year initial term, 12-month severance on qualifying termination.","Cohen receives 4M performance restricted shares; Novick 2M; vesting at market caps $150M-$506.25M over 45 consecutive trading days.","1.6M of Cohen's and 800k of Novick's shares are void unless stockholders approve share increase by March 15, 2027.","Stock option agreements amended to extend post-termination exercise period from 3 months to 24 months for both executives."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-041992","json":"https://secwatch.observer/filing/0001493152-26-041992.json","markdown":"https://secwatch.observer/filing/0001493152-26-041992.md","text":"https://secwatch.observer/filing/0001493152-26-041992.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1702924/000149315226041992/0001493152-26-041992-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1702924/000149315226041992/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-09-09T21:16:06.360607+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}