WRAP Technologies (WRAP) executive compensation, 2025 proxy

Scot Cohen, Chief Executive Officer and Executive Chairman, was paid $2M in 2024, down 22% from $2.5M the year before.

Filed
November 17, 2025
Annual meeting
December 12, 2025
Pay year
2024
Named executives
4
CEO total pay
$2M-22% vs prior year
CEO pay in equity
90%$1.8M in awards
CEO 2024 Salary
$200,000Annualized base salary
CEO Stock Awards
$1,764,753Grant date fair value of RSUs
COO 2024 Total Pay
$375,909Includes salary and bonus

How Cohen was paid

$2M in total for 2024, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary10%Stock awards90%

Named executive officers

ExecutiveTotal
Scot CohenChief Executive Officer and Executive Chairman$1,959,493
Jared NovickChief Operating Officer$375,909
Kevin MullinsFormer Chief Executive Officer and Director$137,500
Chris DeAlmeidaFormer Chief Financial Officer, Treasurer and Secretary$154,166

What changed and why

  • $2MCEO Scot Cohen received total compensation of $1,959,493 in 2024, compared to $2,515,855 in 2023.
  • $200KCohen's 2024 compensation included $200,000 in salary and $1,764,753 in stock awards.
  • $376KCOO Jared Novick received total compensation of $375,909 in 2024.
  • $138KFormer CEO Kevin Mullins received total compensation of $137,500 in 2024 following his transition.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.