Heartflow (HTFL) CMO exercises options, sells 9,219 shares
Rhea-AI Filing Summary
Heartflow, Inc. (HTFL) reported that Chief Medical Officer Campbell Rogers exercised stock options for 9,219 shares of common stock at an exercise price of $19.00 per share and sold the same 9,219 shares at $41.23 per share on August 17, 2026. The option position had 82,972 options remaining after the exercise and continues to vest monthly until August 7, 2029, with an expiration date of August 7, 2035. These transactions were effected under a Rule 10b5-1 Trading Plan adopted on December 12, 2025. Rogers also reports indirect holdings of common stock through various trusts, including 22,615; 46,159; 26,012; and 50,754 shares, respectively.
Positive
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Negative
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Insider Trade Summary 10b5-1
Exercise and Sale: 9,219 shares ($205K approx. pre-tax spread)
Exercise and Sale
7 txns
Insider
Rogers Campbell
Role
Chief Medical Officer
Sold
9,219 shs ($380K)
Approx. gross sale proceeds
$380K
Approx. exercise cost
$175K
Approx. pre-tax spread
$205K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options F1, F2 | 9,219 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 9,219 | $19.00 | $175K |
| Sale | Common Stock F1 | 9,219 | $41.23 | $380K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Options — 82,972 shares (Direct);
Common Stock — 86,459 shares (Direct);
Common Stock — 22,615 shares (Indirect, By Campbell Rogers 2019 Irrevocable Trust);
Common Stock — 46,159 shares (Indirect, By CR Asset Protection Trust of 2023);
Common Stock — 26,012 shares (Indirect, By Spouse's Trust);
Common Stock — 50,754 shares (Indirect, By The Campbell Rogers Revocable Trust)
Footnotes (2)
- F1. The option exercise and sale reported on this Form 4 were effected pursuant to a Rule 10b5-1 Trading Plan adopted by the reporting person on December 12, 2025.
- F2. The option vests and becomes exercisable in monthly installments until August 7, 2029, subject to continued service through the applicable vesting date.
Key Figures
Options Exercised: 9,219 shares
Exercise Price: $19.00 per share
Sale Price: $41.23 per share
+5 more
8 metrics
Options Exercised
9,219 shares
Stock options exercised by Campbell Rogers on August 17, 2026
Exercise Price
$19.00 per share
Exercise price of stock options converted into common stock
Sale Price
$41.23 per share
Price for sale of 9,219 HTFL common shares on August 17, 2026
Options Remaining
82,972 shares
Total stock options held by Campbell Rogers following the exercise
Indirect Holding - 2019 Irrevocable Trust
22,615 shares
Common stock held indirectly by Campbell Rogers 2019 Irrevocable Trust
Indirect Holding - 2023 Asset Protection Trust
46,159 shares
Common stock held indirectly by CR Asset Protection Trust of 2023
Indirect Holding - Spouse's Trust
26,012 shares
Common stock held indirectly by Spouse's Trust
Indirect Holding - Revocable Trust
50,754 shares
Common stock held indirectly by The Campbell Rogers Revocable Trust
Key Terms
Rule 10b5-1 Trading Plan, vests and becomes exercisable, Irrevocable Trust, Asset Protection Trust, +1 more
5 terms
Rule 10b5-1 Trading Plan regulatory
"were effected pursuant to a Rule 10b5-1 Trading Plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
vests and becomes exercisable financial
"The option vests and becomes exercisable in monthly installments"
Irrevocable Trust financial
"By Campbell Rogers 2019 Irrevocable Trust"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
Asset Protection Trust financial
"By CR Asset Protection Trust of 2023"
exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security"
FAQ
What insider transactions did HTFL Chief Medical Officer Campbell Rogers report on August 17, 2026?
Campbell Rogers reported exercising 9,219 stock options at $19.00 and selling 9,219 common shares at $41.23 on August 17, 2026. The transactions relate to Heartflow, Inc. (HTFL) equity awards and resulted in reduced net common share exposure from this grant.
How many Heartflow (HTFL) stock options does Campbell Rogers retain after this Form 4 transaction?
After the reported option exercise, Campbell Rogers held 82,972 stock options on August 17, 2026. The option continues to vest in monthly installments until August 7, 2029, and carries an expiration date of August 7, 2035, subject to continued service.
Was Campbell Rogers’ sale of HTFL stock under a Rule 10b5-1 trading plan?
Yes. The option exercise and share sale were carried out under a Rule 10b5-1 Trading Plan adopted on December 12, 2025. Such pre-arranged plans allow insiders to schedule trades in advance under defined parameters.
What indirect holdings in Heartflow (HTFL) does Campbell Rogers report through trusts?
Rogers reports indirect ownership of HTFL common stock via several trusts: 22,615 shares by the Campbell Rogers 2019 Irrevocable Trust, 46,159 shares by the CR Asset Protection Trust of 2023, 26,012 shares by a Spouse's Trust, and 50,754 shares by The Campbell Rogers Revocable Trust.
How does the reported option grant for HTFL vest and when does it expire?
The option vests and becomes exercisable in monthly installments until August 7, 2029, conditioned on continued service. It carries an expiration date of August 7, 2035, after which any unexercised portion would lapse under the award’s terms.
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