HeartBeam (BEAT) president receives 61,932-share stock option grant at $1.45
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HeartBeam, Inc. reported that President and director Branislav Vajdic received a grant of options to buy 61,932 shares of common stock at an exercise price of $1.45 per share. The options were granted on February 9, 2026 and expire on January 1, 2036.
According to the vesting terms, one half of the shares subject to this special option will vest on March 31, 2026, with the remaining shares vesting on June 30, 2026, based on a vesting commencement date of January 1, 2026. After this grant, Vajdic holds options for 61,932 underlying shares under the company’s 2022 Equity Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Vajdic Branislav
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock (right to buy) | 61,932 | $0.00 | -- |
Holdings After Transaction:
Common Stock (right to buy) — 61,932 shares (Direct)
Footnotes (1)
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FAQ
What did HeartBeam (BEAT) President Branislav Vajdic report on this Form 4?
Branislav Vajdic reported receiving stock options for 61,932 HeartBeam common shares. These options were granted as a compensation award, allowing him to buy shares at a fixed exercise price under the company’s 2022 Equity Incentive Plan, subject to a short-term vesting schedule.
What is the exercise price of Branislav Vajdic’s HeartBeam (BEAT) options?
The options have an exercise price of $1.45 per share. This means Vajdic can buy up to 61,932 HeartBeam common shares at $1.45 each once the options vest, regardless of the market price at that future time.
When do the newly granted HeartBeam (BEAT) options vest for the President?
Half of the option shares vest on March 31, 2026, and the remaining half vest on June 30, 2026. The vesting schedule is based on a vesting commencement date of January 1, 2026, giving a rapid, six-month full vesting period.
When do Branislav Vajdic’s HeartBeam (BEAT) options expire?
The options expire on January 1, 2036. If they are not exercised by that date, the right to purchase the 61,932 underlying HeartBeam shares at $1.45 per share will lapse, and the options will no longer be usable.
Are the HeartBeam (BEAT) options granted to Vajdic part of a company equity plan?
Yes, the options were issued under HeartBeam’s 2022 Equity Incentive Plan. This plan is used to grant stock-based compensation to executives and other participants, aligning their potential rewards with the company’s long-term performance through equity-linked awards.