WRAP TECHNOLOGIES, INC. — Director's Dealing 2026

Jan 29, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WRAP TECHNOLOGIES, INC. (WRAP)
CIK: 0001702924
Period of Report: 2025-06-13

Reporting Person: NORRIS ELWOOD G (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-11-28	Common Stock	S	5000	$2.153	Disposed	54928	Direct
2025-11-26	Common Stock	S	5000	$2.1419	Disposed	59928	Direct
2025-11-24	Common Stock	S	30000	$2.0551	Disposed	64928	Direct
2025-11-21	Common Stock	S	10536	$2.0585	Disposed	94928	Direct
2025-11-20	Common Stock	S	17008	$2.0176	Disposed	105464	Direct
2025-11-19	Common Stock	S	3013	$2.02	Disposed	122472	Direct
2025-11-14	Common Stock	S	55000	$2.3582	Disposed	125485	Direct
2025-11-13	Common Stock	S	20000	$2.0892	Disposed	180485	Direct
2025-11-12	Common Stock	S	25000	$2.1611	Disposed	200485	Direct
2025-11-11	Common Stock	S	5000	$2.2010	Disposed	225485	Direct
2025-10-31	Common Stock	S	55000	$2.8177	Disposed	230485	Direct
2025-10-30	Common Stock	S	54381	$2.7732	Disposed	285485	Direct
2025-10-27	Common Stock	S	5000	$2.6545	Disposed	339866	Direct
2025-10-24	Common Stock	S	75001	$2.6202	Disposed	344866	Direct
2025-10-23	Common Stock	S	50000	$2.5162	Disposed	419867	Direct
2025-10-21	Common Stock	S	25000	$2.6944	Disposed	469867	Direct
2025-10-20	Common Stock	S	75000	$2.4821	Disposed	494867	Direct
2025-10-17	Common Stock	S	10000	$2.2901	Disposed	569867	Direct
2025-10-16	Common Stock	S	25000	$2.4253	Disposed	579867	Direct
2025-10-15	Common Stock	S	2871	$2.5651	Disposed	604867	Direct
2025-10-14	Common Stock	S	40000	$2.5594	Disposed	607738	Direct
2025-10-13	Common Stock	S	35000	$2.5594	Disposed	647738	Direct
2025-10-10	Common Stock	S	5000	$2.5818	Disposed	682738	Direct
2025-10-07	Common Stock	S	55000	$2.83	Disposed	687738	Direct
2025-10-06	Common Stock	S	25100	$2.91	Disposed	742738	Direct
2025-10-03	Common Stock	S	51501	$2.74	Disposed	767838	Direct
2025-10-02	Common Stock	S	25000	$2.5792	Disposed	819339	Direct
2025-07-10	Common Stock	S	15000	$1.50	Disposed	844339	Direct
2025-06-13	Common Stock	S	10000	$1.7101	Disposed	859339	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5451053	Indirect

Footnotes

F1: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.0400 to $2.0706, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (1) of this Form 4. The amount reflected has been rounded to 4 decimal points.

F2: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.0000 to $2.1115, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (2) of this Form 4. The amount reflected has been rounded to 4 decimal points.

F3: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.0000 to $2.0500, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (3) of this Form 4. The amount reflected has been rounded to 4 decimal points.

F4: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.1501 to $2.4600, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (4) of this Form 4. The amount reflected has been rounded to 4 decimal points.

F5: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.0650 to $2.1301, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (5) of this Form 4. The amount reflected has been rounded to 4 decimal points.

F6: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.1100 to $2.2500, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (6) of this Form 4. The amount reflected has been rounded to 4 decimal points.

F7: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.2000 to $2.2200, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (7) of this Form 4. The amount reflected has been rounded to 4 decimal points.

F8: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.8000 to $2.8586, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (8) of this Form 4. The amount reflected has been rounded to 4 decimal points.

F9: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.7500 to $2.8001, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (9) of this Form 4. The amount reflected has been rounded to 4 decimal points.

F10: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.6500 to $2.7500, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (10) of this Form 4. The amount reflected has been rounded to 4 decimal points.

F11: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.5001 to $2.7929, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (11) of this Form 4. The amount reflected has been rounded to 4 decimal points.

F12: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.4800 to $2.5616, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (12) of this Form 4. The amount reflected has been rounded to 4 decimal points.

F13: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.6701 to $2.7000, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (13) of this Form 4. The amount reflected has been rounded to 4 decimal points.

F14: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.3801 to $2.5350, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (14) of this Form 4. The amount reflected has been rounded to 4 decimal points.

F15: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.2800 to $2.3001, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (15) of this Form 4. The amount reflected has been rounded to 4 decimal points.

F16: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.4035 to $2.4414, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (16) of this Form 4. The amount reflected has been rounded to 4 decimal points.

F17: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.5404 to $2.6150, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (17) of this Form 4. The amount reflected has been rounded to 4 decimal points.

F18: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.5200 to $2.5798, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (18) of this Form 4. The amount reflected has been rounded to 4 decimal points.

F19: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $1.4903 to $1.5096, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (19) of this Form 4. The amount reflected has been rounded to 4 decimal points.

F20: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $1.6998 to $1.7205, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (20) of this Form 4. The amount reflected has been rounded to 4 decimal points.