Vajdic Branislav 4

What Happened Branislav Vajdic, President and a director of HeartBeam, received awards totaling 3,060,870 restricted stock units (RSUs/PRSUs). On June 15, 2026 he was granted 2,800,000 performance-based RSUs (PRSUs) that carry a $0.00 per-share grant price and vest based on performance milestones and service over a three‑year period. On July 24, 2026 he was granted 260,870 RSUs (also $0.00 per share) that vested in full on the grant date as settlement of the 2025 bonus program (shares‑in‑lieu‑of‑cash).

Key Details

• Transaction type: Awards/Grants (Code A on Form 4).
• Grants and dates: 2,800,000 PRSUs on 2026-06-15; 260,870 RSUs on 2026-07-24.
• Grant price reported: $0.00 per unit; reported acquisition value $0 on the Form 4 (typical for equity awards).
• Vesting: 260,870 RSUs vested immediately (settlement of 2025 bonus). The 2,800,000 PRSUs are performance‑based and subject to service and performance vesting over three years; each PRSU converts to one share upon vesting.
• Shares owned after the transactions: Not specified in the provided filing excerpt.
• Filing: Form 4 filed 2026-07-24. The June 15 PRSU grant appears to have been reported after the typical two‑business‑day window (i.e., late), while the July 24 RSU grant was filed the same day.

Context

• The July 24 award was effectively settled immediately (vested RSUs), meaning Vajdic received shares the same day as the grant; the larger June 15 PRSU award is contingent on future performance and service and does not currently represent vested shares.
• These are awards/grants (not open‑market buys or sales); such grants compensate executives and may vest over time or upon performance targets. They are not direct indications of immediate buying or selling by the insider.