HeartBeam (BEAT) CFO Tim Cruickshank Receives RSU Award

What Happened Tim Cruickshank, Chief Financial Officer of HeartBeam, Inc. (BEAT), was granted and acquired 167,760 restricted stock units (RSUs) on July 24, 2026. The RSUs vested in full on the grant date and were issued at $0.00 per share (no cash paid). The award was made under the company’s 2022 Equity Incentive Plan as settlement of the 2025 Bonus Program (shares‑in‑lieu‑of‑cash). The Form 4 shows an award/grant (transaction code A); no market value is reported in the filing.

Key Details

• Transaction date: July 24, 2026 (Form 4 filed the same day; no late filing indicated)
• Transaction type: Award/Grant (Code A) — 167,760 RSUs acquired @ $0.00 each
• Shares owned after transaction: Not disclosed in the filing
• Footnote: F1 — RSUs granted under the 2022 Equity Incentive Plan; vested in full on grant date and relate to settlement of the 2025 Bonus Program (executives received shares‑in‑lieu‑of‑cash)
• No 10b5‑1 plan, tax‑withholding, or immediate sale noted in the filing

Context This transaction is a compensation-related equity award (vesting/settlement), not an open‑market purchase or sale. Such awards are routine for executive compensation and do not, by themselves, indicate buying or selling sentiment. Retail investors typically treat purchases as a stronger signal than grants or vested awards.