WRAP Technologies director Marc Savas receives 13,940 RSUs; ownership 203,440

Rhea-AI Filing Summary

Reporting person: Marc Savas, a director of WRAP Technologies, Inc. (WRAP), reported a grant of 13,940 restricted stock units (RSUs) on 10/01/2025 tied to Board service for the quarter ended 9/30/2025. On the grant date 9,061 RSUs vested immediately while the remainder will vest ratably in eight monthly tranches. After the transaction the reporting person beneficially owned 203,440 shares of common stock. The form is filed as an individual Form 4 and is signed by Marc Savas on 10/08/2025.

Positive

• Immediate vesting of 9,061 RSUs aligns director incentives with shareholder interests now
• Clear vesting schedule: remaining RSUs vest ratably in eight monthly tranches, providing transparency on future equity issuance

Negative

• Incremental dilution risk as the remaining RSUs convert to shares over the next eight months
• No information

Insights

Corporate Governance Analyst

Director received time‑based compensation: 13,940 RSUs with partial immediate vesting.

The grant of 13,940 RSUs reflects routine director compensation for the quarter ended 9/30/2025, with 9,061 units vesting on grant and the balance vesting in monthly tranches over eight months. This structure aligns incentives to continued board service while providing near‑term equity realization.

Primary dependencies are the director's continued service and the stated vesting schedule. Near term, investors can track dilution timing as the remaining RSUs vest over the next eight months and any subsequent filings showing issuances or sales.

Shareholder Dilution Specialist

Incremental dilution is limited but monitor vesting cadence and total beneficial ownership of 203,440 shares.

The immediate vesting of 9,061 RSUs increases outstanding beneficial ownership now, while the remaining RSUs will convert into shares over an eight‑month schedule. The total reported beneficial ownership after the grant is 203,440 shares, which is the figure to use when assessing director holdings.

Watch subsequent Section 16 filings for when the remaining RSUs convert to shares; those conversions determine the precise timing of dilution and any material changes in insider holdings within the next 8 months.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Savas Marc

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	13,940	$0.00	--

Holdings After Transaction: Common Stock — 203,440 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Savas Marc

(Last) (First) (Middle)

C/O WRAP TECHNOLOGIES, INC.

3480 MAIN HWY, SUITE 202

(Street)

MIAMI FL 33133

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
WRAP TECHNOLOGIES, INC. [ WRAP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	10/01/2025		A		13,940	A	$0(1)	203,440	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents a grant of Restricted Stock Units ("RSUs"). The RSUs were granted in connection with the Reporting Person's service on the Issuer's Board of Directors for the quarter ended September 30, 2025. On the date of grant, 9,061 of the RSUs vested and the remainder of the RSUs vest ratably in eight monthly tranches.

	/s/ Marc Savas	10/08/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What RSU grant did Marc Savas report for WRAP (WRAP)?

He reported a grant of 13,940 RSUs on 10/01/2025, with 9,061 RSUs vesting immediately and the remainder vesting ratably in eight monthly tranches.

How many WRAP shares does Marc Savas beneficially own after the grant?

The Form 4 reports 203,440 shares of common stock beneficially owned following the reported transaction.

When did the RSUs vest and what is the vesting schedule?

On the grant date 9,061 RSUs vested; the remaining RSUs vest ratably in eight monthly tranches after the grant.

Was this Form 4 filed individually or jointly?

The filing is marked as a Form filed by one reporting person (individual filing).

What is the transaction code and price for the RSU grant?

The transaction code is A (acquisition) and the price is reported as $0, reflecting a grant of RSUs rather than a cash purchase.