Cruickshank Tim 4

What Happened Tim Cruickshank, Chief Financial Officer of HeartBeam, purchased 31,250 shares of common stock on April 16, 2026 at $0.80 per share, for a total cost of $25,000. The filing reports this as a purchase (code P) and represents an acquisition of company stock rather than a sale.

Key Details

• Transaction date and price: April 16, 2026 — 31,250 shares at $0.80 per share (total $25,000).
• Transaction type: Purchase (P), reported on Form 4 filed the same day (timely filing).
• Footnote: The shares were purchased in connection with HeartBeam’s underwritten public offering of 12,500,000 shares that priced April 14, 2026 and closed April 16, 2026; Titan Partners (American Capital Partners) was the sole bookrunner.
• Holdings note: The filing indicates inclusion of 23,333 RSUs that previously vested (per Form 4 filed Oct 3, 2025) in the reported holdings.

Context

• Purchases by officers can be interpreted as an insider acquiring stock, which some investors view as a positive signal; this Form 4 simply documents the purchase and related disclosure.
• This was a purchase tied to a public offering closing, not an option exercise or gift. No late filing was indicated.