WRAP TECHNOLOGIES, INC. — Director's Dealing 2026

Feb 3, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WRAP TECHNOLOGIES, INC. (WRAP)
CIK: 0001702924
Period of Report: 2026-02-01

Reporting Person: Cohen Scot (Director, Executive Chairman and CEO, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2026-02-02	Common Stock	A	475000	$2.00	Acquired	1874186	Indirect
2026-02-03	Common Stock	A	60345	—	Acquired	1934531	Indirect
2026-02-03	Common Stock	A	43104	—	Acquired	6532165	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2026-02-02	Warrants	$2.30	A	475000	Acquired	2031-02-03	Common Stock (475000)	Indirect
2026-02-01	Stock Options (Right to Buy	$2.18	A	2000000	Acquired	2036-02-01	Common Stock (2000000)	Direct

Footnotes

F1: Reflects shares of the Issuer's common stock, par value $0.0001 per share (the "Common Stock"), purchased by the Reporting Person from the Issuer in a private placement pursuant to that certain Securities Purchase Agreement, dated as of February 2, 2026, by and among the Issuer and the investors signatory thereto (the "Purchase Agreement").

F2: The reported securities are directly owned by V4 Global LLC ("V4") and may be deemed to be beneficially owned by the Reporting Person as managing member of V4. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

F3: Represents shares of Common Stock issued as a payment of dividends on the Issuer's Series A Convertible Preferred Stock, par value $0.0001 per share.

F4: The warrants (the "PIPE Warrants") were purchased by the Reporting Person from the Issuer in a private placement pursuant to the Purchase Agreement. The exercise price of the PIPE Warrants is subject to adjustment in the event of any issuances of Common Stock of the Issuer or securities convertible, exercisable or exchangeable for Common Stock, at a price below $2.30.

F5: 25% of the stock options vested on the date of grant and the remainder will vest ratably in three annual tranches thereafter; provided that any unvested stock options are subject to accelerated vesting upon the achievement of certain market capitalization milestones, provided further that, in each case, the Reporting Person is employed or providing services to the Issuer on the applicable vesting date.