Cohen Scot 4

What Happened Cohen Scot, reported as a 10% owner, received two awards/acquisitions on 2026-03-04 totaling 66,412 shares of WRAP TECHNOLOGIES, INC. (38,740 shares and 27,672 shares). Each award was reported at $0.00 per share (total reported cash consideration $0) and is described in the filing as shares issued as payment of dividends on the company’s Series A Convertible Preferred Stock.

Key Details

• Transaction date: 2026-03-04; Filing date: 2026-03-06 (appears timely under Section 16 two-business-day rule).
• Securities: 38,740 shares (A) and 27,672 shares (A); combined 66,412 shares; reported price $0.00 per share (no cash paid).
• Shares owned following the transaction: not specified in the provided summary of the filing.
• Footnotes: F1 — shares issued as dividend payment on Series A Convertible Preferred Stock. F2 — the shares are directly owned by V4 Global LLC; Cohen is managing member of V4 and disclaims beneficial ownership except to the extent of his pecuniary interest.
• Transaction code A = Award/Grant (not a market purchase or sale).

Context This transaction reflects non-cash issuance (dividend conversion) rather than an open-market buy or sale; such awards increase the insider’s common-stock position but do not necessarily signal a trading decision. As a reported 10% owner via an entity (V4 Global LLC), this is institutional/ownership reporting rather than an executive selling or buying shares on the open market.