[Form 4] MDWerks, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MDWerks, Inc. director Timothy Brocopp reported an acquisition of common stock through an equity grant. He received 85,575 shares of common stock at a stated value of $0.15 per share on a grant/award basis, not an open-market purchase. Following this grant, his direct holdings increased to 3,076,252 common shares.
The shares were issued on a quarterly basis under his Employment Agreement dated November 18, 2024 and granted pursuant to the MDWerks, Inc. 2025 Equity Incentive Plan. The board of directors approved the grant, which was made in accordance with Rule 16b-3 under the Securities Exchange Act of 1934.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Brocopp Timothy
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 85,575 | $0.15 | $13K |
Holdings After Transaction:
Common Stock — 3,076,252 shares (Direct)
Footnotes (1)
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FAQ
What did MDWerks (MDWK) director Timothy Brocopp report in this Form 4?
Director Timothy Brocopp reported receiving an equity grant of 85,575 MDWerks common shares. The award was issued at a stated value of $0.15 per share and increased his direct holdings to 3,076,252 shares after the transaction.
Was the MDWerks (MDWK) Form 4 transaction a market purchase or sale?
The Form 4 shows a grant or award acquisition, not a market trade. Brocopp received 85,575 common shares as compensation, issued under the 2025 Equity Incentive Plan, rather than buying or selling shares on the open market.
What agreement governs Timothy Brocopp’s stock grant at MDWerks (MDWK)?
The stock grant is issued on a quarterly basis under an Employment Agreement dated November 18, 2024. This agreement provides for equity compensation, delivered as MDWerks common shares pursuant to the company’s 2025 Equity Incentive Plan.
Under which plan and rule was the MDWerks (MDWK) equity grant made?
The grant was made under the MDWerks, Inc. 2025 Equity Incentive Plan and approved by the board. It was issued in accordance with Rule 16b-3 under the Securities Exchange Act of 1934, which governs insider-related equity awards.