Elfrink Willem 4

What Happened

Willem Elfrink, a director of HeartBeam, purchased 187,500 shares of common stock at $0.80 per share for a total of $150,000 on April 16, 2026. The filing reports this as a purchase (SEC code P), indicating an acquisition rather than a sale.

Key Details

• Transaction date and price: April 16, 2026 — 187,500 shares at $0.80 per share (total $150,000).
• Transaction type: Purchase (SEC code P).
• Shares owned after transaction: Not stated in the provided filing.
• Footnote: The shares were purchased in connection with HeartBeam’s underwritten public offering of 12,500,000 shares, which priced April 14, 2026 and closed April 16, 2026; Titan Partners (American Capital Partners) was the sole bookrunner.
• Timeliness: Reported on April 16, 2026 (same day as the transaction), indicating a timely filing.

Context

This purchase occurred as part of the company’s underwritten public offering rather than an unsolicited open-market buy. Insider purchases tied to financings are common and reflect participation in the offering; they are informative but can differ from independent open-market “buy” signals.