Milner Roy Monroe 4
4 · MDWerks, Inc. · Filed May 29, 2026
Research Summary
AI-generated summary of this filing
MDWerks (MDWK) Director Milner Roy Monroe Receives Stock Awards
What Happened Milner Roy Monroe, a director of MDWerks, received two grants of common stock (reported as acquisitions/awards). On Feb 11, 2026 he was issued 100,000 shares at $0.15 per share (value $15,000). On May 15, 2026 he received 46,546 shares at $0.13 per share (value $6,051). These were equity awards issued under an Employment Agreement and the MDWerks, Inc. 2025 Equity Incentive Plan (not open-market purchases or option exercises).
Key Details
- Transactions: Feb 11, 2026 — 100,000 shares @ $0.15 ($15,000); May 15, 2026 — 46,546 shares @ $0.13 ($6,051).
- Total issued: 146,546 shares, total value ≈ $21,051.
- Filing date: Form 4 filed May 29, 2026. The Feb 11 award was not reported at the time of issuance (footnote F1 notes it was inadvertently not reported).
- Footnotes: F1 — Feb 11 grant issued under Employment Agreement and 2025 Equity Incentive Plan; F2 — May 15 grants issued on a quarterly basis under the same Employment Agreement and plan. Both grants were board-approved and issued in accordance with Rule 16b-3.
- Shares owned after the transactions are not specified in the provided filing.
Context These transactions are awards (company-issued shares as compensation), which are different from open-market purchases or sales. Awards reflect compensation arrangements rather than immediate insider trading intent; they do not indicate an immediate sale or market sentiment. The filing notes the Feb 11 issuance was inadvertently not reported at the time, which is a timeliness issue addressed in the May 29, 2026 Form 4.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-11$0.15/sh+100,000$15,000→ 100,000 total - Award
Common Stock
[F2]2026-05-15$0.13/sh+46,546$6,051→ 146,546 total
Footnotes (2)
- [F1]Represents the grant of shares of common stock issued pursuant to the Employment Agreement entered into between Reporting Person and the Issuer on February 11, 2026 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. The Form 4 for this issuance was inadvertently not reported at the time of issuance.
- [F2]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 February 11, 2026 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.