Blackstone Richard 4

What Happened
Richard Blackstone, a director of MDWerks, received an award of 85,575 shares of common stock on February 23, 2026. The shares were issued at $0.15 per share, for a total grant value of approximately $12,836. This was a grant/award (compensation), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-23; Price per share: $0.15; Shares granted: 85,575; Total value ≈ $12,836.
• Shares owned after transaction: Not disclosed in the filing.
• Footnote: The grant was issued quarterly under an Employment Agreement dated December 3, 2024, and granted under the MDWerks, Inc. 2025 Equity Incentive Plan; approved by the board and issued in accordance with SEC Rule 16b-3.
• Filing timeliness: Report filed on 2026-02-27 (four days after the transaction); Form 4s are typically required within two business days, so this filing appears to have been submitted after the usual deadline.

Context
This was a compensation award rather than a market purchase or sale. Awards issued under an equity incentive plan are common for executives/directors and do not by themselves indicate a buy or sell signal. The footnote indicates the grant follows an employment agreement and board approval and was structured to comply with Rule 16b-3 (the rule that can exempt certain plan transactions from short-swing profit claims).