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Wrap Technologies sets USD 200,000 base salary in amended CEO Scot Cohen employment agreement

PUBT·09/09/2026 21:15:57
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Wrap Technologies sets USD 200,000 base salary in amended CEO Scot Cohen employment agreement
  • Wrap Technologies reset employment terms for Executive Chairman and CEO Scot Cohen, effective Sept. 2, 2026.
  • Agreement sets annual base salary at USD 200,000, with a two-year term and 12-month automatic renewals.
  • Severance set at 12 months of base salary if terminated without cause, for good reason, or following a non-renewal notice.
  • President and COO Jared Novick received a parallel amended agreement with USD 200,000 base salary, two-year term, and the same severance framework.
  • Both agreements add performance restricted stock awards, with annual discretionary bonus eligibility maintained.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wrap Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-041992), on September 09, 2026, and is solely responsible for the information contained therein.