HeartBeam (BEAT) Director Michael R. Jaff Receives RSU Award

What Happened
Michael R. Jaff, a director of HeartBeam, Inc. (BEAT), was granted 20,689 restricted stock units (RSUs) on February 9, 2026. The grant price is reported as $0.00 (a non-cash award); the filing shows $0 in purchase consideration. The RSUs were issued under the Company’s 2022 Equity Incentive Plan.

Key Details

• Transaction date: February 9, 2026 (reported on Form 4 filed March 23, 2026).
• Transaction type/code: A — Award/Grant (RSUs).
• Shares/units granted: 20,689 RSUs. Price/consideration: $0.00 (non-cash grant).
• Vesting: Half of the RSUs vest on March 31, 2026 (three-month anniversary of vesting commencement), and the remaining half vest on June 30, 2026 (six-month anniversary). (See footnote F1.)
• Plan: RSUs issued from the 2022 Equity Incentive Plan.
• Shares owned after transaction: Not specified in the filing.
• Filing timeliness: Form 4 was filed March 23, 2026 for a Feb 9 transaction — notably later than the typical 2-business-day reporting window for insiders.

Context
RSU grants are a common form of non-cash compensation and represent a promise to deliver shares if and when they vest; they are not an immediate purchase or sale. Because these RSUs vest over the next few months, they do not indicate an immediate sale or market action by the director.