JAFF MICHAEL R 4
Research Summary
AI-generated summary
HeartBeam (BEAT) Director Michael R. Jaff Buys 31,250 Shares
What Happened
- Michael R. Jaff, a director of HeartBeam, purchased 31,250 shares on April 16, 2026 at $0.80 per share, a total outlay of $25,000. The transaction is reported as a purchase (code P), which is a direct acquisition rather than a sale.
Key Details
- Transaction date: April 16, 2026
- Price and amount: 31,250 shares at $0.80 per share = $25,000 total
- Transaction type/code: P = Purchase (open market or private purchase)
- Filing date: Form 4 filed April 16, 2026 (no late filing indicated in the provided data)
- Shares owned after transaction: Not specified in the filing summary provided
- Footnotes: (F1) Shares were purchased in connection with HeartBeam’s underwritten public offering (12,500,000 shares), which priced April 14, 2026 and closed April 16, 2026; (F2) Shares are indirectly held by the reporting person through Open Book Healthcare
Context
- The purchase was made in connection with the company’s underwritten public offering that closed the same day; this may reflect an allocation or related purchase tied to that offering rather than an unrelated open-market buy. The dollar amount ($25k) is modest, and the shares are held indirectly via an entity (Open Book Healthcare).