[Form 4] MDWerks, Inc. Insider Trading Activity
MDWerks, Inc. director Timothy Brocopp reported an acquisition of common stock through an equity grant.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 85,575 | $0.15 | $13K |
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 November 18, 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 did MDWerks (MDWK) director Timothy Brocopp report in this Form 4?
Was the MDWerks (MDWK) Form 4 transaction a market purchase or sale?
What agreement governs Timothy Brocopp’s stock grant at MDWerks (MDWK)?
Under which plan and rule was the MDWerks (MDWK) equity grant made?
AI-generated analysis. How Rhea-AI works. Not financial advice.