{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-044816","form_type":"8-K","ticker":"MDWK","cik":"0001295514","company_name":"MDWerks, Inc.","filed_at":"2024-11-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.002463+00:00","generated_at":"2026-05-30T01:36:45.774548+00:00","sec_items":["3.03","5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"MDWerks repurchases all Series A Preferred stock, enters employment agreements with CEO and Chairman","bullets":["Purchased all 8,957,000 Series A Convertible Preferred shares from Tradition Reserve I LLC for $10, eliminating that class.","Employment agreements with CEO/CFO Steven Laker (retroactive to July 15, 2024) and Chairman James Cassidy (retroactive to Jan 1, 2024).","Laker's base salary escalates from $180k (2024-2025) to $350k (2029); received 500,000 shares and eligible for up to 3M performance shares.","Cassidy's base salary escalates from $180k (2024-2025) to $350k (2029); received 500,000 shares and eligible for up to 3M performance shares.","Both agreements provide severance of 12 months' salary plus full vesting acceleration on termination without cause."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-044816","json":"https://secwatch.observer/filing/0001493152-24-044816.json","markdown":"https://secwatch.observer/filing/0001493152-24-044816.md","text":"https://secwatch.observer/filing/0001493152-24-044816.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1295514/000149315224044816/0001493152-24-044816-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1295514/000149315224044816/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T01:36:45.774548+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}