---
schema_version: "secwatch.filing_event.v1"
accession: "0001851734-22-000396"
form_type: "8-K"
ticker: "WRAP"
cik: "0001702924"
company_name: "WRAP TECHNOLOGIES, INC."
filed_at: "2022-07-25T23:59:59+00:00"
generated_at: "2026-06-24T09:14:34.750101+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Wrap Technologies appoints Chris DeAlmeida as CFO, replacing retiring James Barnes

## Summary
- Chris DeAlmeida appointed CFO effective July 25, 2022; succeeds James Barnes who retired.
- DeAlmeida's base salary set at $275k/year; 125k RSUs vesting over 3 years; option for 175k shares.
- Barnes to consult for 12 months, paid $225k over 18 months; unvested equity continues vesting during that period.
- DeAlmeida previously CFO of Encore Dredging Partners and EVP/CFO of Orion Group Holdings.

## SEC filing metadata
- accession: 0001851734-22-000396
- form_type: 8-K
- ticker: WRAP
- cik: 0001702924
- company_name: WRAP TECHNOLOGIES, INC.
- filed_at: 2022-07-25T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1702924/000185173422000396/0001851734-22-000396-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1702924/000185173422000396/wrap20220725_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001851734-22-000396
- JSON: https://secwatch.observer/filing/0001851734-22-000396.json
- Plain text: https://secwatch.observer/filing/0001851734-22-000396.txt

## Key facts
- Executive change
  Chris DeAlmeida was appointed as Chief Financial Officer at WRAP TECHNOLOGIES, INC..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On July 25, 2022, Wrap Technologies, Inc. (the “ Company ”) announced the appointment of Chris DeAlmeida as Chief Financial Officer of the Company, effective July 25, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1702924/000185173422000396/0001851734-22-000396-index.htm
- Executive change
  James Barnes retired as Chief Financial Officer, Treasurer and Secretary at WRAP TECHNOLOGIES, INC..
  - Action: retired
  - Role: Chief Financial Officer, Treasurer and Secretary
  source text: Mr. DeAlmeida replaces James Barnes, the Company’s former Chief Financial Officer, who retired from his position as Chief Financial Officer, Treasurer and Secretary of the Company concurrent with Mr. DeAlmeida’s appointment.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1702924/000185173422000396/0001851734-22-000396-index.htm

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