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: 2026-02-02

Reporting Person: SHULMAN JOHN D (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2026-02-02	Common Stock	A	250000	$2.00	Acquired	250000	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2026-02-02	Warrants	$2.30	A	250000	Acquired	2031-02-03	Common Stock (250000)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	79394	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 Juggernaut Management, LLC ("Juggernaut") and may be deemed to be beneficially owned by the Reporting Person as Manager of Juggernaut. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

F3: 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.