Savas Marc 4

What Happened

• Savas Marc, a director of WRAP Technologies, acquired 25,000 common shares at $2.00 per share (total $50,000) and was also reported as acquiring 25,000 derivative securities (PIPE warrants) on February 2, 2026. The common shares were purchased in a private placement under a Securities Purchase Agreement; the warrants were also purchased in that placement but are reported with a $0.00 per-unit amount on the form.

Key Details

• Transaction date: 2026-02-02 (Form filed 2026-02-03 — timely)
• Common stock: 25,000 shares @ $2.00 = $50,000
• Derivative: 25,000 PIPE warrants reported at $0.00 per unit (acquired)
• Ownership after transaction: Not specified in the provided excerpt; reported securities are directly owned by Savbo Investments LLC and may be deemed beneficially owned by Savas Marc in his capacity as CEO of Savbo (see footnote).
• Notable footnotes:
  • F1: Common shares purchased in a private placement under the Purchase Agreement.
  • F2: Securities are directly owned by Savbo Investments LLC; Reporting Person disclaims beneficial ownership except to extent of pecuniary interest.
  • F3: PIPE warrants purchased in the private placement; exercise price is subject to adjustment in certain future financings (per filing).
• Transaction code: A (award/grant/acquisition) — an acquisition/purchase rather than a sale.

Context

• The filing reflects a direct investment via a private placement and includes both common shares and warrants. Warrants are derivatives that give the holder a right to buy shares later; the filing notes the exercise price can be adjusted under specified conditions. Because the securities are held through an entity (Savbo Investments LLC), the reporting person disclaims direct beneficial ownership except for his economic interest. Purchases like this are factual disclosures of insider buying activity but do not by themselves indicate motive.