HeartBeam CFO buys 31,250 shares at $0.80
HeartBeam, Inc. CFO Tim Cruickshank increased his stake by buying 31,250 shares of common stock at $0.80 per share.
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Form Type
4
Rhea-AI Filing Summary
HeartBeam, Inc. CFO Tim Cruickshank increased his stake by buying 31,250 shares of common stock at $0.80 per share. The purchase was made in connection with HeartBeam’s underwritten public offering of 12,500,000 shares of common stock.
The offering priced on April 14, 2026 and closed on April 16, 2026, with Titan Partners, a division of American Capital Partners, acting as sole bookrunner. After this transaction, Cruickshank directly owns 72,230 shares, including 23,333 RSUs that have vested.
Insider Trade Summary
Net Buyer: 31,250 shares
Net Buy
1 txn
Insider
Cruickshank Tim
Role
CFO
Bought
31,250 shs ($25K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 31,250 | $0.80 | $25K |
Holdings After Transaction:
Common Stock — 72,230 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 3, 2025.
Key Figures
Insider purchase size: 31,250 shares
Purchase price: $0.80 per share
Holdings after transaction: 72,230 shares
+3 more
6 metrics
Insider purchase size
31,250 shares
Common stock bought by CFO on April 16, 2026
Purchase price
$0.80 per share
Price paid by CFO for common stock
Holdings after transaction
72,230 shares
Total common shares directly owned by CFO after purchase
Vested RSUs included
23,333 RSUs
RSUs that have vested and are included in post-transaction holdings
Public offering size
12,500,000 shares
HeartBeam underwritten public offering linked to CFO purchase
Net shares bought
31,250 shares
Net buy volume in transactionSummary (net-buy direction)
Key Terms
underwritten public offering, RSUs, sole bookrunner, open-market purchase
4 terms
underwritten public offering financial
"These shares were purchased in connection with the Registrant's underwritten public offering of 12,500,000 shares"
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 filed on October 3, 2025."
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, 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.
open-market purchase financial
"transaction_action": "open-market purchase""
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did HeartBeam (BEAT) CFO Tim Cruickshank do in this Form 4 filing?
HeartBeam CFO Tim Cruickshank reported buying 31,250 shares of common stock at $0.80 per share. This open-market style purchase was tied to the company’s underwritten public offering, increasing his direct holdings to 72,230 shares, including 23,333 vested RSUs.
What is the size of the HeartBeam (BEAT) underwritten public offering linked to this Form 4?
The purchase was made in connection with HeartBeam’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 this offering, which priced April 14, 2026 and closed April 16, 2026.
Who managed the HeartBeam (BEAT) underwritten public offering associated with the CFO’s share purchase?
Titan Partners, a division of American Capital Partners, served as sole bookrunner for HeartBeam’s underwritten public offering. The offering consisted of 12,500,000 common shares, priced on April 14, 2026 and closing on April 16, 2026, when the CFO’s purchase was completed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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