Brocopp Timothy 4
4 · MDWerks, Inc. · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
MDWerks (MDWK) Director Timothy Brocopp Receives 85,575-Share Award
What Happened
Timothy Brocopp, a director of MDWerks, Inc. (MDWK), was granted 85,575 shares of common stock on February 23, 2026. The filing reports a grant price of $0.15 per share, for a reported grant value of $12,836. This transaction is an award/grant (not an open-market purchase or sale) and represents compensation rather than a directional bet by the insider.
Key Details
- Transaction date: 2026-02-23 (Period of Report); Form 4 filed 2026-02-27.
- Transaction type/code: Award/Grant (A).
- Shares granted: 85,575 at $0.15 per share; total reported value $12,836.
- Shares owned after transaction: Not disclosed in the filing.
- Footnote: Grant issued as part of quarterly equity compensation under Brocopp’s Employment Agreement (Nov 18, 2024) and the MDWerks, Inc. 2025 Equity Incentive Plan; approved by the board and issued in accordance with Rule 16b-3.
- No indication in the filing of tax withholding, 10b5-1 plan use, or that shares were immediately sold.
Context
This is a routine compensation grant to a company director and is generally considered administrative rather than a direct signal of insider confidence or a market-timing move. Such awards are common under employment agreements and equity plans; purchases by insiders tend to carry more weight when assessing sentiment.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-23$0.15/sh+85,575$12,836→ 3,076,252 total
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.