HeartBeam president buys 12,500 shares in offering
HeartBeam, Inc. President Robert Paul Eno reported an open-market purchase of common stock.
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Form Type
4
Rhea-AI Filing Summary
HeartBeam, Inc. President Robert Paul Eno reported an open-market purchase of common stock. On April 16, 2026, he bought 12,500 shares at $0.80 per share, increasing his direct holdings to 36,742 shares.
The purchased shares were acquired in connection with HeartBeam’s underwritten public offering of 12,500,000 shares of common stock, which priced on April 14, 2026 and closed on April 16, 2026. His reported holdings include 23,333 RSUs that have vested as referenced in a prior Form 4 filing.
Insider Trade Summary
Net Buyer: 12,500 shares
Net Buy
1 txn
Insider
ENO Robert Paul
Role
President
Bought
12,500 shs ($10K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 12,500 | $0.80 | $10K |
Holdings After Transaction:
Common Stock — 36,742 shares (Direct)
Footnotes (2)
- 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.
- F2. Includes 23,333 RSUs which have vested as per the Form 4 filed on October 2, 2025.
Key Figures
Insider shares purchased: 12,500 shares
Purchase price: $0.80 per share
Post-transaction holdings: 36,742 shares
+2 more
5 metrics
Insider shares purchased
12,500 shares
Open-market purchase on April 16, 2026
Purchase price
$0.80 per share
Price paid for common stock
Post-transaction holdings
36,742 shares
Direct ownership after April 16, 2026 trade
Underwritten offering size
12,500,000 shares
Company common stock offering priced April 14, 2026
Vested RSUs included
23,333 RSUs
Vested RSUs included in reported holdings
Key Terms
open-market purchase, underwritten public offering, RSUs, sole bookrunner, +1 more
5 terms
open-market purchase financial
"transaction_action is described as an open-market purchase of common stock"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
underwritten public offering financial
"shares were purchased in connection with the Registrant's underwritten public offering"
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.
RSUs financial
"Includes 23,333 RSUs which have vested as per the Form 4"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
sole bookrunner financial
"Titan 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.
common stock financial
"These shares were purchased in connection with ... shares of common stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did HeartBeam (BEAT) report in this Form 4?
HeartBeam reported that President Robert Paul Eno completed an open-market purchase of common stock. On April 16, 2026, he bought 12,500 shares of HeartBeam common stock at a price of $0.80 per share, increasing his direct ownership.
What is mentioned about RSUs in this HeartBeam (BEAT) Form 4?
A footnote explains that the reported post-transaction holdings include 23,333 RSUs that have vested. These vested RSUs were previously disclosed in a Form 4 filed on October 2, 2025, and are counted within President Robert Paul Eno’s total direct holdings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
