HeartBeam director buys 57,500 shares in offering

HeartBeam, Inc. director Richard Ferrari increased his stake by purchasing 57,500 shares of common stock at $0.80 per share.

Rhea-AI Filing Summary

HeartBeam, Inc. director Richard Ferrari increased his stake by purchasing 57,500 shares of common stock at $0.80 per share. The buy was made in connection with HeartBeam’s underwritten public offering of 12,500,000 common shares, for which Titan Partners acted as sole bookrunner.

This amended Form 4 corrects Ferrari’s previously reported acquisition and total beneficial ownership. The original filing mistakenly showed 62,500 shares acquired; the correct figure is 57,500 shares. Following this transaction, Ferrari beneficially owns 286,636 shares of HeartBeam common stock directly.

Insider Trade Summary

Net Buyer: 57,500 shares

Net Buy 1 txn

Insider Ferrari Richard

Role Director

Bought 57,500 shs ($46K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	57,500	$0.80	$46K

Holdings After Transaction: Common Stock — 286,636 shares (Direct)

Footnotes (1)

1. F1. These shares were purchased in connection with the Registrant's underwritten public offering of 12,500,000 shares of common stock. Titan Partners, a division of American Capital Partners, acted as the sole bookrunner for the offering, which priced on April 14, 2026, and closed on April 16, 2026. This amendment restates the Reporting Person's original Form 4 filed on April 16, 2026, solely to correct an inadvertent error in the number of shares of common stock reported as acquired and the corresponding total beneficial ownership. The original filing reported the acquisition of 62,500 shares of common stock. The correct number of shares acquired was 57,500 shares of common stock. No other changes have been made to the original filing.

Key Figures

Director purchase: 57,500 shares Purchase price: $0.80 per share Post-transaction holdings: 286,636 shares +2 more

5 metrics

Director purchase 57,500 shares Common stock bought by Richard Ferrari on April 16, 2026

Purchase price $0.80 per share Price paid for HeartBeam common stock in the transaction

Post-transaction holdings 286,636 shares Ferrari’s total beneficial ownership after the corrected acquisition

Offering size 12,500,000 shares HeartBeam underwritten public offering of common stock

Originally reported acquisition 62,500 shares Incorrect share amount in the initial Form 4 before amendment

Key Terms

underwritten public offering, sole bookrunner, beneficial ownership, Form 4

4 terms

underwritten public offering financial

"These shares were purchased in connection with the Registrant's underwritten public offering of 12,500,000 shares of common stock."

An underwritten public offering is when a company sells new shares of its stock to the public with the help of a financial firm, called an underwriter. The underwriter agrees to buy all the shares upfront, reducing the company's risk, and then sells them to investors. This process helps companies raise money quickly and confidently from a wide range of buyers.

sole bookrunner financial

"Titan Partners, a division of American Capital Partners, acted as the sole bookrunner for the offering"

A sole bookrunner is the main organization responsible for managing and coordinating a financial offering, such as selling bonds or shares to investors. They handle tasks like setting the price, finding buyers, and ensuring the process runs smoothly, much like a conductor leading an orchestra. This role matters to investors because it signals who is overseeing the deal and can influence how smoothly the offering proceeds.

beneficial ownership financial

"to correct an inadvertent error in the number of shares of common stock reported as acquired and the corresponding total beneficial ownership."

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

Form 4 regulatory

"This amendment restates the Reporting Person's original Form 4 filed on April 16, 2026"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did HeartBeam (BEAT) director Richard Ferrari report?

Richard Ferrari reported buying 57,500 HeartBeam common shares at $0.80 each. The purchase was made directly and tied to the company’s underwritten public offering of 12,500,000 shares of common stock that priced on April 14, 2026 and closed April 16, 2026.

How many HeartBeam (BEAT) shares does Richard Ferrari own after this transaction?

After the transaction, Richard Ferrari beneficially owns 286,636 HeartBeam common shares directly. This figure reflects the corrected 57,500-share acquisition reported in the amended Form 4, replacing an earlier, incorrect report of 62,500 shares acquired in the same offering.

Why did HeartBeam (BEAT) file an amended Form 4 for Richard Ferrari?

The amended Form 4 was filed to correct an inadvertent error in the original report. The first filing stated Ferrari acquired 62,500 shares; the amendment clarifies the correct number is 57,500 shares and updates his total beneficial ownership. No other changes were made.

How is Richard Ferrari’s purchase related to HeartBeam (BEAT)’s public offering?

Ferrari’s 57,500-share purchase occurred in connection with HeartBeam’s underwritten public offering of 12,500,000 common shares. Titan Partners, a division of American Capital Partners, acted as sole bookrunner. The offering priced on April 14, 2026 and closed on April 16, 2026.

Who managed HeartBeam (BEAT)’s 12,500,000-share underwritten offering?

Titan Partners, a division of American Capital Partners, served as the sole bookrunner for HeartBeam’s underwritten public offering of 12,500,000 common shares. The offering priced on April 14, 2026 and closed on April 16, 2026, coinciding with Ferrari’s share purchase.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/24/2026 - 04:05 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Ferrari Richard

(Last) (First) (Middle)

2118 WALSH AVENUE, SUITE 210

(Street)

SANTA CLARA CALIFORNIA 95050

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
HeartBeam, Inc. [ BEAT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/16/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)
04/16/2026

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/16/2026		P		57,500(1)	A	$0.8	286,636	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These shares were purchased in connection with the Registrant's underwritten public offering of 12,500,000 shares of common stock. Titan Partners, a division of American Capital Partners, acted as the sole bookrunner for the offering, which priced on April 14, 2026, and closed on April 16, 2026. This amendment restates the Reporting Person's original Form 4 filed on April 16, 2026, solely to correct an inadvertent error in the number of shares of common stock reported as acquired and the corresponding total beneficial ownership. The original filing reported the acquisition of 62,500 shares of common stock. The correct number of shares acquired was 57,500 shares of common stock. No other changes have been made to the original filing.

	/s/ Richard Ferrari	04/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)