MDWK.OQBMdwerks, INC

Form 4: MDWerks Director Timothy Brocopp Reports Stock Acquisitions

Sentiment:

SEC Form 4


Director Timothy Brocopp reports acquiring shares of MDWerks, Inc. through grants related to his employment agreement.

Summary

  • Timothy Brocopp, a director of MDWerks, Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
  • On November 18, 2024, Brocopp acquired 100,000 shares of common stock at a price of $0.10 per share, related to his employment agreement.
  • On January 29, 2025, he acquired an additional 71,729 shares at $0.12 per share, also pursuant to his employment agreement.
  • Following these transactions, Brocopp's total direct ownership in MDWerks common stock is 2,838,395 shares.

Sentiment

Score: 5

Explanation: Neutral sentiment as the filing simply reports stock acquisitions related to an existing employment agreement.

Positives

  • The director's increased stake in the company could be seen as a positive signal.

Industry Context

Form 4 filings are standard practice and provide transparency into the trading activities of company insiders.

Stakeholder Impact

  • The increased ownership by a director could be viewed positively by shareholders.

Key Dates

DateDescription
11/18/2024Initial grant of 100,000 shares of common stock issued upon execution of the Employment Agreement.
01/29/2025Grant of 71,729 shares of common stock issued on a quarterly basis pursuant to the Employment Agreement.
03/28/2025Date of signature for the Form 4 filing.

Keywords

MDWerks, Timothy Brocopp, Form 4, Beneficial Ownership, Stock Acquisition, Director, MDWK

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