Form 4: WRAP Technologies Director Bruce Bernstein Reports Acquisition of Shares

Director Bruce Bernstein reports acquisition of 19,643 shares of WRAP Technologies, Inc. common stock through a grant of Restricted Stock Units (RSUs).

Summary

• Bruce Bernstein, a director of WRAP Technologies, Inc., filed a Form 4 disclosing changes in beneficial ownership.
• On April 10, 2025, Bernstein acquired 19,643 shares of common stock through a grant of Restricted Stock Units (RSUs).
• The RSUs were granted in connection with Bernstein's service on the Issuer's Board of Directors for the quarter ended March 31, 2025.
• On the date of grant, 12,767 of the RSUs vested and the remainder of the RSUs vest ratably in eight monthly tranches.
• Following the reported transaction, Bernstein beneficially owns 174,755 shares of WRAP Technologies, Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing a routine stock grant to a director. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The stock grant to a director could have a minor dilutive effect on existing shareholders.

Key Dates

Keywords

Form 4, Beneficial Ownership, WRAP Technologies, Bruce Bernstein, Director, RSU, Restricted Stock Units, Stock Grant