MDWerks (MDWK) director awarded 150K shares as equity pay
Rhea-AI Filing Summary
MDWerks, Inc. (MDWK) reported that director Roy Monroe Milner acquired 150,804 shares of common stock on a grant/award basis at a reported value of $0.07 per share. The award was made quarterly under his February 11, 2026 Employment Agreement and the MDWerks, Inc. 2025 Equity Incentive Plan, approved by the board under Rule 16b-3. Following this grant, he holds 297,350 common shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 150,804 shares
Net Buy
1 txn
Insider
Milner Roy Monroe
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 150,804 | $0.07 | $11K |
Holdings After Transaction:
Common Stock — 297,350 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 February 11, 2026 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.
Key Figures
Shares granted: 150,804 shares of Common Stock
Grant value per share: $0.07 per share
Shares owned after transaction: 297,350 shares of Common Stock
+2 more
5 metrics
Shares granted
150,804 shares of Common Stock
Grant/award acquisition on August 14, 2026
Grant value per share
$0.07 per share
Reported transaction price for the 150,804-share grant
Shares owned after transaction
297,350 shares of Common Stock
Direct holdings following the August 14, 2026 grant
Equity plan year
2025
Shares issued under the MDWerks, Inc. 2025 Equity Incentive Plan
Employment Agreement date
February 11, 2026
Grant made on a quarterly basis pursuant to this agreement
Key Terms
Equity Incentive Plan, Rule 16b-3, grant of shares of common stock
3 terms
Equity Incentive Plan financial
"issued under the MDWerks, Inc. 2025 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
Rule 16b-3 regulatory
"issued in accordance with Rule 16b-3 promulgated under the Securities"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
FAQ
What insider transaction did MDWK report for Roy Monroe Milner?
MDWerks reported that director Roy Monroe Milner received a grant of 150,804 shares of common stock on August 14, 2026, issued as part of his compensation rather than a market purchase.
At what value was the MDWK stock grant to Roy Monroe Milner recorded?
The stock grant to Roy Monroe Milner was recorded at a value of $0.07 per share, according to the Form 4 transaction data for the 150,804 shares of MDWerks common stock.
What plan and agreement govern the MDWK stock grant to Roy Monroe Milner?
The grant was made on a quarterly basis under Milner’s Employment Agreement dated February 11, 2026 and issued pursuant to the MDWerks, Inc. 2025 Equity Incentive Plan, with approval by the board and in accordance with Rule 16b-3.
Is the MDWK stock grant to Roy Monroe Milner a board-approved compensation award?
Yes. The footnote states the grant of common stock was approved by MDWerks’ board of directors and issued under the company’s 2025 Equity Incentive Plan in accordance with Rule 16b-3 under the Securities Exchange Act of 1934.
AI-generated analysis. How Rhea-AI works. Not financial advice.