SHULMAN JOHN D 4

What Happened John D. Shulman, a director of WRAP Technologies, reported an open-market purchase of 100,000 common shares on July 8, 2026. The shares were acquired at $1.10 per share for a total reported value of $110,000. This was a purchase (code P), which investors often view as a more informative/positive signal than routine sales.

Key Details

• Transaction date and price: 2026-07-08, purchased 100,000 shares at $1.10 each (total $110,000).
• Transaction type: Open-market purchase (Form 4 code P).
• Filing date: 2026-07-09 (filed the next day — appears timely).
• Shares owned after transaction: Not specified in the filing.
• Footnote: Reported securities are directly owned by Juggernaut Management, LLC and may be deemed beneficially owned by Shulman as Manager of Juggernaut; he disclaims beneficial ownership except to the extent of his pecuniary interest.

Context The purchase was made through an entity (Juggernaut Management, LLC) tied to Shulman as manager, which can affect how beneficial ownership is reported. No indications of option exercises, grants, gifts, or tax-withholding were reported — this was a straightforward open-market buy.