Director Mark E. Strome buys $600,000 of HeartBeam, Inc. (BEAT)

Mark E. Strome, director of HeartBeam, Inc., bought 750,000 shares on the open market on April 16, 2026 at an average of $0.80 a share, for a total of $600,000. The purchase was reported to the SEC on Form 4 on April 16, 2026.

It raised their holding by 26%, to 3,650,000 shares.

The purchase came after a fall: HeartBeam, Inc. stock was down 52.1% over the 13 weeks before.

7 other insiders also bought at least $10,000 of BEAT within 30 days, which makes this a cluster buy.

In the 12 months up to this filing, HeartBeam, Inc. insiders reported 8 open-market purchases and 0 sales.

WallStPal Score: 66 out of 100, because of raised their holding by 26%; a large purchase; 7 other insiders also bought; the stock had fallen 52.1% in the 13 weeks before.

What happened next: after 3 months the stock was down 27.5% (38.6 points worse than the S&P 500). Based on weekly prices from the week of the purchase.

Our read

This one purchase is 66% of all insider buying at BEAT in the past year, the first open-market purchase by Mark E. Strome in our records, made after a 52.1% fall in 13 weeks, a setup where insider buying has historically mattered most. A single purchase is a data point, not a forecast: insiders can be early, and sometimes simply wrong.

Source: SEC Form 4 filing ↗. This story was written automatically from the filing and weekly price data. Information, not investment advice.

Examples

Big insider purchases have made news before. In January 2016, with bank stocks falling, JPMorgan Chase CEO Jamie Dimon bought 500,000 JPMorgan shares, about $26 million of his own money, and the purchase was widely reported as a sign of confidence.

Explain it like I'm 13

Mark E. Strome helps run HeartBeam, Inc.. Spending $600,000 of their own money on the company's stock is like a coach buying a big stack of tickets to their own team's games: it suggests they think the team will do well. It is not a promise, and insiders can be wrong.

More: all BEAT insider trades · Mark E. Strome's track record