HeartBeam (BEAT) CFO receives stock options on 53,104 shares at $1.45
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HeartBeam, Inc. reported a routine equity compensation grant to its CFO, Tim Cruickshank. He received stock options covering 53,104 shares of common stock at an exercise price of $1.45 per share. Half of these options vest on March 31, 2026 and the remainder on June 30, 2026 under the 2022 Equity Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cruickshank Tim
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock (right to buy) | 53,104 | $0.00 | -- |
Holdings After Transaction:
Common Stock (right to buy) — 53,104 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did HeartBeam (BEAT) report for its CFO?
HeartBeam reported that CFO Tim Cruickshank received a grant of stock options. The award covers 53,104 shares of common stock, providing the right to buy shares at a fixed exercise price under the company’s 2022 Equity Incentive Plan.
What is the exercise price of the HeartBeam (BEAT) CFO’s options?
The granted options allow the CFO to buy HeartBeam common stock at an exercise price of $1.45 per share. This strike price is fixed in the grant and applies through the life of the option, subject to its vesting and expiration terms.
When do the newly granted HeartBeam (BEAT) options vest for the CFO?
Half of the options vest on March 31, 2026, and the remaining half vest on June 30, 2026. The vesting schedule is based on a commencement date of January 1, 2026, creating two time-based vesting tranches for the award.
From which plan were the HeartBeam (BEAT) CFO options issued?
The options granted to the CFO were issued under HeartBeam’s 2022 Equity Incentive Plan. This plan is the company’s framework for awarding equity-based compensation such as stock options to executives and other eligible participants.