Wrap Technologies, INC.: directors' dealings · United States · SEC (Form 4)

About Wrap Technologies, INC.

WRAP Technologies, Inc. is a U.S.-listed company trading on the NASDAQ market in the United States, focused on public safety technology, non-lethal response solutions, and training for law enforcement, government agencies, and selected private-security customers. Founded in 2016 by Scot Cohen, the company was built around a clear thesis: provide pre-escalation tools and operational technologies designed to reduce injuries, lower legal exposure, and improve decision-making in high-stress encounters. WRAP is headquartered in Miami, Florida, while its U.S. manufacturing and distribution footprint has been strengthened by its facility in Norton, Virginia. Over time, the company has evolved from being primarily associated with its flagship BolaWrap device into a broader platform model that combines hardware, training, and digital services. Its current portfolio includes the BolaWrap 150, the WrapReality virtual-reality training simulator, the WrapTactics digital training platform, and WrapVision body-worn camera solutions. That mix matters strategically: it positions WRAP not merely as a single-product manufacturer, but as a more integrated provider of non-lethal response and readiness solutions. From a competitive standpoint, the company operates in a fragmented niche where differentiation depends on de-escalation, officer safety, training quality, and adoption by public-sector users, rather than on traditional force products alone. WRAP has also emphasized international reach, stating that its BolaWrap platform is used by more than 1,000 agencies across the U.S. and in 60 countries, which suggests meaningful market penetration even if the business is still in a growth and commercialization phase. Recent milestones include the opening of a new Virginia facility to scale production, several counter-drone and C-UAS initiatives, and the launch in early 2026 of an “Arrest-in-Control” training unit through its learning management system. The company’s March 2026 operating update also highlighted improving revenue trends and management’s focus on accelerating growth into 2026. For investors, WRAP remains a niche U.S. public-safety technology name with a differentiated mission, long public-sector sales cycles, and a growth story tied to innovation, training, and broader use-case expansion.