Savas Marc 4

What Happened

• Savas Marc, a director of Wrap Technologies, Inc. (WRAP), was granted 19,643 restricted stock units (RSUs) on 2026-04-01. The award was reported as an acquisition at $0.00 per share (an RSU grant), with 12,768 RSUs vesting immediately and the remaining 6,875 RSUs scheduled to vest ratably in eight monthly tranches.

Key Details

• Transaction date: 2026-04-01; grant type: RSU award (code A); reported price: $0.00.
• Immediate vesting: 12,768 RSUs; remaining to vest: 6,875 over eight months.
• Shares owned after transaction: not specified in the provided filing.
• Ownership note: the reported securities are directly owned by Savbo Investments LLC and may be deemed beneficially owned by Mr. Marc in his capacity as Chief Executive Officer of Savbo; Mr. Marc disclaims beneficial ownership except to the extent of his pecuniary interest (footnote).
• Filing date: 2026-05-01 — filed about 30 days after the grant (late relative to the typical 2-business-day Form 4 deadline), which affects timeliness/transparency.

Context

• This was an equity award (not an open-market buy or sale). RSU grants are common compensation/retention tools and do not by themselves indicate a buy/sell decision. The immediate partial vesting means a portion of value became realizable at grant; the remainder vests over time, subject to service or other conditions.