Blackstone Richard 4

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.