Blackstone Richard 4
4 · MDWerks, Inc. · Filed May 29, 2026
Research Summary
AI-generated summary of this filing
MDWerks Director Richard Blackstone Receives 46,546-Share Award
What Happened
Richard Blackstone, a director of MDWerks, Inc. (MDWK), received an award of 46,546 shares of common stock on May 15, 2026. The filing reports an acquisition price of $0.13 per share, valuing the grant at about $6,051. This was a compensation grant (code A), not an open-market purchase or sale.
Key Details
- Transaction date and type: 2026-05-15 — Award/Grant of 46,546 shares at $0.13/share (total ≈ $6,051).
- Shares owned after transaction: Not specified in the Form 4 filing.
- Footnote: The shares were issued quarterly under Blackstone’s Employment Agreement dated Dec 3, 2024, and granted under the MDWerks, Inc. 2025 Equity Incentive Plan; the grant was board-approved and issued in accordance with Rule 16b-3.
- Filing timeliness: Form 4 was filed on 2026-05-29 (filed after the typical 2-business-day deadline), i.e., reported late.
Context
This award appears to be routine compensation tied to an employment agreement and the company’s equity plan. Compensation grants are common for executives and directors and do not, by themselves, indicate a buying or selling signal about the insider’s view of the stock.
Insider Transaction Report
Form 4
MDWerks, Inc.MDWK
Blackstone Richard
Director
Transactions
- Award
Common Stock
[F1]2026-05-15$0.13/sh+46,546$6,051→ 956,132 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 December 3, 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.
Signature
/s/ Richard Blackstone|2026-05-29