Cohen Scot 4

What Happened

• Scot Cohen, reported as a 10% owner (managing member of V4 Global LLC), received two awards/issuances of WRAP Technologies common stock on April 6, 2026, totaling 8,165 shares (4,763 shares and 3,402 shares). Each lot was issued at $0.00 per share (total reported cash value $0).
• The filing lists these shares as issued as a payment of dividends on the issuer’s Series A Convertible Preferred Stock (see footnote F1). The shares are reported as directly owned by V4 Global LLC and may be deemed beneficially owned by Cohen in his capacity as managing member (footnote F2).

Key Details

• Transaction date: 2026-04-06; Transaction code: A (award/acquisition).
• Lots: 4,763 shares @ $0.00 and 3,402 shares @ $0.00; total = 8,165 shares; reported cash value = $0.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1—shares issued as dividend payment on Series A Convertible Preferred Stock. F2—securities are directly owned by V4 Global LLC; Cohen disclaims beneficial ownership except for pecuniary interest.
• Filing/timeliness: Reported on the same date (period of report 2026-04-06); no late filing indicated.

Context

• These shares were issued as a dividend conversion from preferred stock, not purchased on the open market or sold. Such dividend-issued shares are typically administrative/capital-structure events and do not necessarily indicate a change in insider sentiment.
• As a reported 10% owner via an LLC, this is institutional/ownership reporting rather than direct executive market trading.