MDWerks (MDWK) Director Richard Blackstone Receives Stock Award

What Happened

• Richard Blackstone, a director of MDWerks, Inc. (MDWK), was granted 150,804 shares of common stock on August 14, 2026. The per-share value recorded was $0.07, for a total grant value of approximately $10,556. This transaction is coded as an award/grant (A) — a compensation issuance, not an open-market purchase.

Key Details

• Transaction date: August 14, 2026
• Shares granted: 150,804 at $0.07 per share; total value ≈ $10,556
• Transaction type/code: A (award/grant)
• Issuance terms: Quarterly grant under the Employment Agreement dated December 3, 2024; issued under the MDWerks, Inc. 2025 Equity Incentive Plan and approved by the board
• Rule 16b-3: Issuance reported as made in accordance with Rule 16b-3 (exemption for certain company-insider equity awards)
• Shares owned after transaction: Not specified in the filing
• Filing timeliness: Form 4 filed on August 24, 2026 for an August 14 transaction — this is later than the standard 2-business-day filing window and may reflect a delayed filing

Context

• This was a compensation grant (routine equity award) rather than a market purchase or sale. Grants are commonly used to compensate or retain executives/directors and do not by themselves signal buying pressure in the open market.
• The Rule 16b-3 reference indicates the grant followed the company’s shareholder-approved plan and the exemption used for certain insider awards. The relatively small dollar value (~$10.6K) suggests a modest periodic award rather than a large one-time grant.
• Note: Late Form 4 filings are a compliance matter investors may watch, but they do not change the nature of the transaction itself.