Director at HeartBeam (NASDAQ: BEAT) receives option grant for 51,724 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HeartBeam, Inc. director George de Urioste received a grant of options to acquire 51,724 shares of common stock at an exercise price of $1.43 per share. Following this award, he holds options covering 51,724 shares.
According to the grant terms, one half of the shares subject to this "Special Option" vest on March 31, 2026, with the remaining half vesting on June 30, 2026, based on a vesting commencement date of January 1, 2026. The options expire on January 1, 2036 and were issued under HeartBeam’s 2022 Equity Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
de Urioste George
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock (right to buy) | 51,724 | $0.00 | -- |
Holdings After Transaction:
Common Stock (right to buy) — 51,724 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did HeartBeam (BEAT) report for George de Urioste?
HeartBeam reported an option grant to director George de Urioste. He received options to acquire 51,724 shares of common stock at an exercise price of $1.43 per share, representing a compensation-related award rather than an open-market stock purchase or sale.
What is the exercise price of George de Urioste’s HeartBeam (BEAT) options?
The options have an exercise price of $1.43 per share. This means de Urioste can buy HeartBeam common stock at $1.43 for each of the 51,724 optioned shares, subject to vesting and before the stated expiration date.
When do George de Urioste’s HeartBeam (BEAT) options vest?
The options vest in two tranches during 2026. Half of the 51,724 shares vest on March 31, 2026, and the remaining half vest on June 30, 2026, based on a January 1, 2026 vesting commencement date.
When do the newly granted HeartBeam (BEAT) options expire?
The granted options expire on January 1, 2036. De Urioste may exercise vested portions of the 51,724-share option at $1.43 per share any time before this expiration date, consistent with the terms of HeartBeam’s 2022 Equity Incentive Plan.
Are George de Urioste’s HeartBeam (BEAT) options part of a company equity plan?
Yes, the options were issued under HeartBeam’s 2022 Equity Incentive Plan. The footnote specifies that this Special Option grant comes from the company’s established equity incentive program, reflecting standard director compensation practices.