Ferrari Richard 4/A
Research Summary
AI-generated summary
HeartBeam (BEAT) Director Richard Ferrari Buys 57,500 Shares
What Happened
- Director Richard Ferrari purchased 57,500 shares of HeartBeam, Inc. (BEAT) at $0.80 per share on April 16, 2026, for a total of $46,000. The transaction was a purchase (SEC code P) tied to the company’s underwritten public offering, not an open-market trade. This filing is an amendment correcting the originally reported share count.
Key Details
- Transaction date: April 16, 2026; Price: $0.80 per share; Shares acquired: 57,500; Total value: $46,000.
- Transaction type/code: Purchase (P) in connection with the company’s underwritten public offering.
- Offering context: The offering priced on April 14, 2026 and closed April 16, 2026; Titan Partners (American Capital Partners) was sole bookrunner.
- Amendment note: The Form 4 was amended on April 24, 2026 to correct an inadvertent error — the original Form 4 (filed April 16) incorrectly reported acquisition of 62,500 shares; the correct amount is 57,500. No other changes were made.
- Shares owned after transaction: Not specified in the excerpt provided.
Context
- This purchase came as part of HeartBeam’s underwritten offering (allocation/participation), which differs from an open-market buy — it reflects participation in the company financing rather than a secondary-market signal.
- The amendment fixes an earlier reporting error; the original Form 4 was filed on the transaction date and later corrected, so this is not a late initial filing but an accurate restatement.