Form 4: WRAP Director Marc Savas Receives RSU Grant

WRAP Technologies Director Marc Savas was granted 7,063 Restricted Stock Units, with a portion vesting immediately and the remainder over eleven months.

Summary

• Marc Savas, a Director of WRAP Technologies, Inc. (WRAP), was granted 7,063 shares of Common Stock in the form of Restricted Stock Units (RSUs).
• The transaction date for this grant was January 12, 2026.
• The price per RSU at the time of grant was $0, which is typical for RSU awards.
• Following this transaction, Marc Savas beneficially owns 223,213 shares of Common Stock.
• Of the granted RSUs, 2,119 vested immediately on the grant date.
• The remaining RSUs will vest ratably in eleven equal monthly tranches.

Sentiment

Score: 6

Explanation: The grant of Restricted Stock Units to a director is generally a neutral to slightly positive event, as it aligns the director's interests with shareholders and is a standard form of compensation.

Positives

• The grant of Restricted Stock Units to a director aligns management's interests with those of shareholders, as the value of the compensation is tied to the company's stock performance.
• The immediate vesting of a portion of the RSUs (2,119 shares) provides immediate equity ownership.

Future Outlook

The remaining 4,944 Restricted Stock Units (7,063 total 2,119 vested) are scheduled to vest ratably in eleven monthly tranches following the grant date of January 12, 2026.

Industry Context

This Form 4 filing details an insider transaction, specifically an equity grant to a director, which is a common practice across industries for executive and director compensation to incentivize long-term performance and align interests with shareholders. It does not provide information on broader industry trends or competitive landscape.

Related Party Transactions

• Grant of 7,063 Restricted Stock Units to Marc Savas, a director of WRAP Technologies, Inc., as part of his compensation package.

Stakeholder Impact

• Shareholders: The RSU grant increases the director's equity stake, potentially enhancing alignment between management and shareholder interests.
• Employees: No direct impact on general employees is indicated by this filing.

Next Steps

• The remaining 4,944 RSUs will vest in eleven monthly tranches following the grant date.

Key Dates

Keywords

WRAP Technologies, WRAP, Marc Savas, Restricted Stock Units, RSU Grant, Insider Transaction, Form 4, Director Compensation, Equity Award