4Filed Aug 23, 8:00 PM ET
MDWerks (MDWK) Director Timothy Brocopp Receives Award
$MDWK · MDWerks, Inc.Research Summary
AI-generated summary of this SEC filing
MDWerks (MDWK) Director Timothy Brocopp Receives Award
What Happened
- Timothy Brocopp, a director of MDWerks, was granted 150,804 shares of common stock on August 14, 2026. The shares were issued at a per-share value of $0.07, for a total reported value of $10,556. This was an award/grant (code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-08-14; Form 4 filed: 2026-08-24 (filed 10 days after the transaction; appears late relative to the 2-business-day Form 4 filing requirement).
- Price/value: $0.07 per share; total reported value $10,556.
- Shares after transaction: Not specified in the provided filing.
- Footnote: Grant represents quarterly issuance under Brocopp’s Employment Agreement (11/18/2024) and was issued under the MDWerks, Inc. 2025 Equity Incentive Plan; board-approved and issued in accordance with Rule 16b-3.
- Transaction code: A = Award/Grant.
Context
- This was a compensation award (routine equity grant), not a purchase or sale, so it does not by itself signal a trading view by the insider. The filing notes the award is part of scheduled quarterly grants under the employment agreement. The Form 4 filing was made on Aug 24, 2026, which appears to be later than the typical 2-business-day reporting window for insider transactions.