Form 4: WRAP Director Receives 10,409 RSU Grant

WRAP Technologies Director Bruce Bernstein was granted 10,409 Restricted Stock Units, with a portion vesting immediately and the remainder over eleven months.

Summary

• Bruce Bernstein, a Director of WRAP Technologies, Inc. (WRAP), was granted 10,409 shares of Common Stock in the form of Restricted Stock Units (RSUs).
• The transaction date for this grant is reported as January 12, 2026.
• Of the total RSUs granted, 3,123 vested immediately on the date of grant.
• The remaining 7,286 RSUs are scheduled to vest ratably in eleven monthly tranches following the grant date, equating to approximately 662 RSUs per month.
• Following this transaction, Bruce Bernstein beneficially owns 231,205 shares of WRAP Technologies, Inc. Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as the RSU grant serves to align the director's interests with shareholders and is a standard form of compensation, indicating continued engagement. It is a routine transaction and not indicative of significant operational or financial changes.

Positives

• The grant of Restricted Stock Units aligns the director's long-term interests with those of the shareholders, incentivizing performance and retention.
• Equity compensation is a common practice for attracting and retaining qualified board members.

Negatives

• The issuance of new shares for RSU grants can result in minor dilution for existing shareholders, though the impact from this specific grant is likely minimal.

Future Outlook

The filing does not provide a future outlook for the company's performance or strategic direction, focusing solely on an insider equity transaction.

Industry Context

This is a routine insider compensation event and does not provide specific insights into broader industry trends or competitive positioning. Equity grants are a standard component of executive and director compensation across various industries.

Corporate Governance

Related Party Transactions

• The grant of Restricted Stock Units to Bruce Bernstein, a Director of WRAP Technologies, Inc., constitutes a related party transaction as it involves compensation to a member of the company's board.

Stakeholder Impact

• Shareholders: Experience minor potential dilution from the issuance of new shares but benefit from increased alignment of director incentives with company performance.
• Director (Bruce Bernstein): Receives equity compensation, aligning personal financial interests with the company's long-term success.

Next Steps

• The remaining 7,286 RSUs will vest ratably in eleven monthly tranches following the January 12, 2026 grant date.

Key Dates

Keywords

WRAP Technologies, Bruce Bernstein, Form 4, Restricted Stock Units, RSU Grant, Insider Transaction, Director Compensation, Equity Compensation