HeartBeam, Inc.: director Michael R. Jaff received 131,250 shares

What happened

• Michael R. Jaff, a director, received two restricted stock unit (RSU) awards on Oct 2, 2026 totaling 131,250 RSUs (93,750 and 37,500). The grants are reported at a price of $0.00 and an aggregate value of $0. These are derivative awards (RSUs).

Key details

• Transaction date and price: Oct 2, 2026; grants at $0.00 per RSU.
• Shares owned after the transaction: not reported in the filing.
• Vesting and plan terms: the RSUs were granted under the Issuer’s 2022 Equity Incentive Plan. Each RSU represents a contingent right to one share on vesting. The annual director RSUs vest 100% on the earlier of Oct 2, 2027 or the date of the next annual meeting, subject to continued service; vested RSUs will be settled in common stock and do not expire.
• Special award details: a special RSU award granted in connection with suspension of cash retainers for Jul 1, 2026 through Dec 31, 2026 had one-half of the RSUs vest on the grant date and the remaining RSUs vest on Jan 1, 2027, subject to continued service; unvested RSUs vest in full immediately prior to a change in control, subject to continued service.
• Filing date and timing: the Form 4 was filed Oct 9, 2026 for transactions on Oct 2, 2026 (file submitted seven days after the transaction date).

Why it may matter

• These transactions are grants of RSUs, not open-market purchases or sales; one-half of the special RSU award vested on the grant date, meaning some RSUs converted to shares immediately per the footnotes.
• This filing reports derivative awards rather than a cash transaction or a sale.
• This filing does not show why the insider traded or why the company acted.