Brocopp Timothy 4
Research Summary
AI-generated summary
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.