Milner Roy Monroe 4
Research Summary
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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.