MDWerks director Richard Blackstone granted 65,325 shares of stock
MDWerks, Inc. director Richard Blackstone reported a quarterly equity compensation grant.
Rhea-AI Filing Summary
MDWerks, Inc. director Richard Blackstone reported a quarterly equity compensation grant. On 11/13/2025, he acquired 65,325 shares of MDWerks common stock at a stated price of $0.153 per share, classified as an acquisition under his existing arrangements with the company. Following this grant, he beneficially owned 824,011 shares of MDWerks common stock in direct ownership.
The filing explains that these shares were issued on a quarterly basis under an Employment Agreement between Blackstone and MDWerks dated December 3, 2024. The grant was approved by the company’s board of directors and made in accordance with Rule 16b-3 under the Securities Exchange Act of 1934, which governs certain insider compensation-related transactions.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 65,325 | $0.153 | $10K |
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. 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.
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