---
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"
generated_at: "2026-06-26T06:34:11.655494+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Wrap Technologies appoints TJ Kennedy as CEO and Kevin Mullins as President effective April 18, 2022

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: leadership
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001851734-22-000203
- JSON: https://secwatch.observer/filing/0001851734-22-000203.json
- Plain text: https://secwatch.observer/filing/0001851734-22-000203.txt

## Key facts
- Executive change
  TJ Kennedy was appointed as Chief Executive Officer at WRAP TECHNOLOGIES, INC..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: appointed TJ Kennedy to serve as the Company’s Chief Executive Officer, effective April 18, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1702924/000185173422000203/0001851734-22-000203-index.htm
- Executive change
  LW Varner, Jr. resigned as Interim Chief Executive Officer at WRAP TECHNOLOGIES, INC..
  - Action: resigned
  - Role: Interim Chief Executive Officer
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1702924/000185173422000203/0001851734-22-000203-index.htm

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