4Filed Aug 23, 8:00 PM ET
MDWerks Director Jeffrey Hopmayer Receives 500,000-Share Award
$MDWK · MDWerks, Inc.Research Summary
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MDWerks Director Jeffrey Hopmayer Receives 500,000-Share Award
What Happened
- Jeffrey Scott Hopmayer, a director of MDWerks, Inc. (MDWK), was granted 500,000 shares of common stock on July 9, 2026. The grant price is reported at $0.07 per share, representing a total value of $35,000. This was an award/acquisition (grant) of stock issued under the company’s equity plan rather than an open-market purchase or sale.
Key Details
- Transaction date and terms: July 9, 2026 — 500,000 shares @ $0.07 per share (total $35,000).
- Shares owned after the transaction: Not specified in the provided filing excerpt.
- Footnote: Grant issued quarterly pursuant to an Employment Agreement dated June 29, 2026; board approved the grant July 9, 2026; issued under the MDWerks, Inc. 2025 Equity Incentive Plan and in accordance with Rule 16b-3.
- Filing timeliness: Report filed on August 24, 2026 — this appears late (Form 4s are normally due within two business days of the transaction).
Context
- This was a compensatory equity grant tied to an employment agreement and board approval, not a market buy or sale; such grants are routine ways companies compensate executives and directors. The filing shows no immediate sale or exercise of options tied to these shares. The late filing may be a procedural issue; it does not by itself indicate trading intent.