MDWerks director granted 85,575 common shares
Blackstone Richard reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Blackstone Richard reported acquisition or exercise transactions in this Form 4 filing.
MDWerks, Inc. director Richard Blackstone received a grant of 85,575 shares of common stock on February 23, 2026 at a stated price of $0.15 per share. The award was issued quarterly under his Employment Agreement and the MDWerks, Inc. 2025 Equity Incentive Plan, as approved by the board under Rule 16b-3. Following this grant, his directly held common stock totaled 909,586 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 85,575 shares
Grant/Award
1 txn
Insider
Blackstone Richard
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 85,575 | $0.15 | $13K |
Holdings After Transaction:
Common Stock — 909,586 shares (Direct)
Footnotes (1)
- F1. Represents the grant of shares of common stock issued on a quarterly basis pursuant to the Employment Agreement entered into between Reporting Person and the Issuer on December 3, 2024 and issued under the MDWerks, Inc. 2025 Equity Incentive Plan. The grant of shares was approved by the Issuer's board of directors and issued in accordance with Rule 16b-3 promulgated under the Securities Exchange Act of 1934, as amended.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MDWerks (MDWK) report for Richard Blackstone?
MDWerks reported that director Richard Blackstone received a grant of common stock. He was awarded 85,575 shares on February 23, 2026 as part of his Employment Agreement and the MDWerks, Inc. 2025 Equity Incentive Plan, approved by the company’s board.
Was Richard Blackstone’s MDWerks (MDWK) stock transaction an open-market purchase?
No, the transaction was not an open-market purchase. It was a board-approved grant of 85,575 common shares issued on a quarterly basis under his Employment Agreement and the MDWerks, Inc. 2025 Equity Incentive Plan, in accordance with Exchange Act Rule 16b-3.
Under what plan was Richard Blackstone’s MDWerks (MDWK) stock grant made?
The stock grant to Richard Blackstone was made under the MDWerks, Inc. 2025 Equity Incentive Plan. The 85,575-share award was issued on a quarterly basis pursuant to his Employment Agreement and was approved by the MDWerks board in accordance with Rule 16b-3.
AI-generated analysis. How Rhea-AI works. Not financial advice.