{"schema_version":"secwatch.filing_event.v1","accession":"0001851734-22-000203","form_type":"8-K","ticker":"WRAP","cik":"0001702924","company_name":"WRAP TECHNOLOGIES, INC.","filed_at":"2022-04-19T23:59:59+00:00","discovered_at":"2026-05-14T18:04:01.901751+00:00","generated_at":"2026-06-26T06:34:11.655494+00:00","sec_items":["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 appoints TJ Kennedy as CEO and Kevin Mullins as President effective April 18, 2022","bullets":["TJ Kennedy appointed CEO; previously a director and CEO of FirstNet; replaces interim CEO LW Varner Jr.","Kevin Mullins appointed President; formerly CEO of Intrensic, a digital evidence software provider.","Kennedy: $415K base salary, 75% target bonus, equity grants ~$1.4M in RSUs/options, plus performance options (2.25% of shares).","Mullins: $300K base salary, 75% target bonus, equity grants ~$1.0M in RSUs/options, plus performance options (1.69% of shares).","Company cites $50B+ addressable market; new team to drive growth and diversify beyond BolaWrap 150."],"urls":{"canonical":"https://secwatch.observer/filing/0001851734-22-000203","json":"https://secwatch.observer/filing/0001851734-22-000203.json","markdown":"https://secwatch.observer/filing/0001851734-22-000203.md","text":"https://secwatch.observer/filing/0001851734-22-000203.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1702924/000185173422000203/0001851734-22-000203-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1702924/000185173422000203/wrap20220418_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-26T06:34:11.655494+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":"2fab2f853b","claim":"TJ Kennedy was appointed as Chief Executive Officer at WRAP TECHNOLOGIES, INC..","evidence_excerpt":"appointed TJ Kennedy to serve as the Company’s Chief Executive Officer, effective April 18, 2022","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1702924/000185173422000203/0001851734-22-000203-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"ff2d135802","claim":"LW Varner, Jr. resigned as Interim Chief Executive Officer at WRAP TECHNOLOGIES, INC..","evidence_excerpt":"Concurrently with the appointment of Mr. Kennedy, LW Varner, Jr., the Company’s Interim Chief Executive Officer resigned from this and all positions held within the Company","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1702924/000185173422000203/0001851734-22-000203-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Interim Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}