HeartBeam (BEAT) director buys shares tied to 12.5M-stock offering
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HeartBeam, Inc. director Branislav Vajdic made an open-market purchase of 31,250 shares of common stock at $0.80 per share. After this transaction, he directly owns 909,914 shares.
The shares were bought in connection with HeartBeam’s underwritten public offering of 12,500,000 common shares, for which 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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 31,250 shares ($25,000)
Net Buy
1 txn
Insider
Vajdic Branislav
Role
Director
Bought
31,250 shs ($25K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 31,250 | $0.80 | $25K |
Holdings After Transaction:
Common Stock — 909,914 shares (Direct)
Footnotes (1)
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Key Figures
Insider shares purchased: 31,250 shares
Purchase price: $0.80 per share
Post-transaction holdings: 909,914 shares
+3 more
6 metrics
Insider shares purchased
31,250 shares
Open-market purchase on April 16, 2026
Purchase price
$0.80 per share
Price paid by Branislav Vajdic
Post-transaction holdings
909,914 shares
HeartBeam common stock directly owned by Vajdic after trade
Public offering size
12,500,000 shares
Underwritten public offering of HeartBeam common stock
Offering pricing date
April 14, 2026
Date the public offering priced
Offering closing date
April 16, 2026
Date the underwritten public offering closed
Key Terms
open-market purchase, underwritten public offering, sole bookrunner, common stock
4 terms
open-market purchase financial
"The transaction is described as an open-market purchase under code P."
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 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.
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
"The security involved in the transaction is HeartBeam 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
What insider transaction did HeartBeam (BEAT) disclose for Branislav Vajdic?
HeartBeam reported that director Branislav Vajdic bought 31,250 shares of common stock at $0.80 per share. This open-market purchase increased his direct holdings to 909,914 shares, according to the Form 4 insider transaction disclosure.
Who managed HeartBeam (BEAT)’s underwritten public offering tied to this insider buy?
Titan Partners, a division of American Capital Partners, acted as the sole bookrunner for HeartBeam’s underwritten public offering of 12,500,000 common shares. The insider purchase by director Branislav Vajdic was made in connection with this offering.