Companies HeartBeam, Inc.
HeartBeam (BEAT): executive pay, fiscal 2025
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CEO pay, last three years
- $490,675FY2024
- $1,036,321FY2025
CEO total pay was $1,036,321 in fiscal 2025, up from $490,675 in fiscal 2024.
FY2025: salary $360,000 · bonus $183,600 · stock awards $39,999 · option awards $451,694
Frequently asked questions
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Robert Eno | $360,000 | $183,600 | $39,999 | $451,694 | $0 | $0 | $1,028 | $1,036,321 |
| Chief Executive Officer (Former President) (2) | ||||||||
| Branislav Vajdic | 404,100 | 206,091 | 0 | 330,876 | 0 | 0 | 4,944 | 946,011 |
| President (Former Chief Executive Officer) (2) | ||||||||
| Timothy Cruickshank | 346,500 | 132,536 | 38,499 | 211,732 | 0 | 0 | 238 | 729,505 |
| Chief Financial Officer | ||||||||
| Kenneth Persen | 312,000 | 83,538 | 0 | 28,231 | 0 | 0 | 3,048 | 426,817 |
| Chief System Deployment Officer (2) | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Robert Eno | $1,036,321 | $490,675 | — | ↑ +545,646 |
| Branislav Vajdic | 946,011 | 626,804 | — | ↑ +319,207 |
| Timothy Cruickshank | 729,505 | 976,363 | — | ↓ −246,858 |
| Kenneth Persen | 426,817 | 371,776 | — | ↑ +55,041 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
The Company's executive compensation programs are designed to reflect the Company's performance and value created for shareholders, support the Company's goals and values, and reward individual contributions to success. The program aims to attract and retain high-caliber executives, drive business strategy achievement, and align executive interests with shareholder interests by emphasizing equity awards over base salaries to preserve cash.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
Equity grants and outstanding awards
No plan-based awards are on file for this fiscal year.
Outstanding equity awards at fiscal year-end 2025
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Branislav Vajdic | Option | 7,480 | 1.3 | — |
| Kenneth Persen | Option | 13,334 | 1.91 | — |
| Kenneth Persen | Option | 18,750 | 2.5 | — |
| Kenneth Persen | Option | 20,000 | 1.65 | — |
| Kenneth Persen | Option | 23,942 | 2.08 | — |
| Robert Eno | Option | 25,359 | 2.08 | — |
| Kenneth Persen | Option | 42,000 | 2.9 | — |
| Branislav Vajdic | Option | 56,384 | 2.08 | — |
| Robert Eno | Option | 59,500 | 2.9 | — |
| Robert Eno | Option | 65,000 | 4.47 | — |
| Branislav Vajdic | Option | 132,667 | 2.9 | — |
| Timothy Cruickshank | Option | 150,000 | 1.65 | — |
| Branislav Vajdic | Option | 180,000 | 1.65 | — |
| Timothy Cruickshank | Option | 275,001 | 2.28 | — |
| Robert Eno | Option | 320,000 | 1.65 | — |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Richard FerrariIndependent · Board Chair · Audit · Compensation (Chair) | $72,500 | $172,499 | $0 | $0 | $0 | $244,999 |
| Kenneth NelsonIndependent · Commercialization | 25,000 | 99,999 | 0 | 0 | 55,000 | 179,999 |
| Willem ElfrinkIndependent · Compensation · Nominating and Governance · Commercialization (Chair) | 37,500 | 75,000 | 62,963 | 0 | 0 | 175,463 |
| George A. de UriosteIndependent · Audit (Chair) · Compensation | 37,500 | 75,000 | 62,963 | 0 | 0 | 175,463 |
| Marga Ortigas-WedekindIndependent · Audit · Nominating and Governance (Chair) | 32,500 | 75,000 | 54,569 | 0 | 0 | 162,069 |
| Mark StromeIndependent · Compensation · Commercialization | 30,000 | 75,000 | 50,372 | 0 | 0 | 155,372 |
| Michael Jaff, DOIndependent · Nominating and Governance · Commercialization | 30,000 | 104,999 | 0 | 0 | 0 | 134,999 |
Board fee structure and ownership guideline
| Annual cash retainer | $40,000 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 25,000 / 15,000 / 15,000 |
| Stock ownership guideline | — |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $265,000 |
| Equity awards (grant-date value) | $677,497 |
| All other compensation | $55,000 |
| Total cost of the board | $997,497 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names HeartBeam as a peer
Companies that benchmark against BEAT
No companies currently name BEAT as a compensation peer in their most recent disclosure.
This is the complete answer, not a partial one — the list is never padded.
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | HeartBeam, Inc. | 2025 | Robert Eno | $360,000 | $39,999 | $451,694 | $0 | $1,036,321 |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Say-on-pay history and pay ratio
No say-on-pay vote is on file for this company.
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (14 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Robert Eno. DEF 14A, filed 2026-06-18. Section “Executive Compensation” · page 21. As printed: 1,036,321. View filing ↗
- Section 01, Branislav Vajdic. DEF 14A, filed 2026-06-18. Section “Executive Compensation” · page 21. As printed: 946,011. View filing ↗
- Section 01, Timothy Cruickshank. DEF 14A, filed 2026-06-18. Section “Executive Compensation” · page 21. As printed: 729,505. View filing ↗
- Section 01, Kenneth Persen. DEF 14A, filed 2026-06-18. Section “Executive Compensation” · page 21. As printed: 426,817. View filing ↗
- Section 08, Richard Ferrari. DEF 14A, filed 2026-06-18. Section “Director Compensation”. As printed: 244,999. View filing ↗
- Section 08, Kenneth Nelson. DEF 14A, filed 2026-06-18. Section “Director Compensation”. As printed: 179,999. View filing ↗
- Section 08, Willem Elfrink. DEF 14A, filed 2026-06-18. Section “Director Compensation”. As printed: 175,463. View filing ↗
- Section 08, George A. de Urioste. DEF 14A, filed 2026-06-18. Section “Director Compensation”. As printed: 175,463. View filing ↗
- Section 08, Marga Ortigas-Wedekind. DEF 14A, filed 2026-06-18. Section “Director Compensation”. As printed: 162,069. View filing ↗
- Section 08, Mark Strome. DEF 14A, filed 2026-06-18. Section “Director Compensation”. As printed: 155,372. View filing ↗
- Section 08, Michael Jaff, DO. DEF 14A, filed 2026-06-18. Section “Director Compensation”. As printed: 134,999. View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 09b board cost (computed). Computed. Cash 265,000 + equity 677,497 + all other 55,000 = 997,497, summed across the director compensation table rows.
- HeartBeam, Inc. (subject), Section 10b CEO total. DEF 14A, filed 2026-06-18. CEO total compensation as printed in HeartBeam, Inc.'s own proxy. As printed: 1,036,321. View filing ↗