Major Shareholder Scot Cohen Boosts Stake to 27.3% via Options, Warrants, and Direct Purchases

summarizeSummary

Scot Cohen, a significant insider, has increased his beneficial ownership in WRAP Technologies to 27.3% through various acquisitions, demonstrating strong confidence in the company.

check_boxKey Events

• Increased Beneficial Ownership

  Scot Cohen's total beneficial ownership has risen to 17,835,611 shares, representing 27.3% of the company's common stock.

• Significant Share Accumulation

  The increase in holdings includes 2,000,000 newly granted stock options, shares from August 2025 and February 2026 private placement agreements (preferred stock conversions and warrants), and common stock dividends.

• Insider Confidence Signal

  The substantial accumulation of shares, valued at over $7 million in new holdings, indicates strong conviction from a major insider.

auto_awesomeAnalysis

This Schedule 13D/A filing reveals a substantial increase in beneficial ownership by Scot Cohen, a key insider, now holding 27.3% of WRAP Technologies. The increase stems from a combination of newly granted stock options, acquisitions through private placement agreements (Series B Preferred and warrants), and common stock dividends. This significant accumulation of shares, representing over 8% of the company's market capitalization in new holdings, signals strong conviction from a major investor and could be viewed positively by the market.