Heartflow (HTFL) director exercises options into 2,497 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Heartflow, Inc. director Timothy C. Barabe reported exercising stock options for 2,497 shares of common stock on February 17, 2026. The options were converted into common shares at $8.33 per share, increasing his directly held stake to 170,854 common shares. This was an option exercise (code M), not an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,497 shares exercised/converted
Mixed
2 txns
Insider
BARABE TIMOTHY C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option | 2,497 | $0.00 | -- |
| Exercise | Common Stock | 2,497 | $8.33 | $21K |
Holdings After Transaction:
Stock Option — 0 shares (Direct);
Common Stock — 170,854 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Heartflow (HTFL) director Timothy C. Barabe report?
Timothy C. Barabe reported exercising stock options into Heartflow common shares. On February 17, 2026, he converted 2,497 stock options into 2,497 shares of common stock, as shown in the Form 4 insider filing.
What price is shown for Timothy C. Barabe’s Heartflow (HTFL) option exercise?
The common stock acquired through the option exercise is reported at $8.33 per share. The derivative line shows the option itself at $0.00, and the corresponding common stock line lists a transaction price per share of $8.33.
What does transaction code M mean in the Heartflow (HTFL) Form 4?
Transaction code M indicates an exercise or conversion of a derivative security. In this case, it shows stock options being exercised and converted into Heartflow common shares rather than an open-market buy or sell transaction.
Are Timothy C. Barabe’s Heartflow (HTFL) stock options fully exercisable?
Yes, the footnote states that these stock options are fully exercisable. This means all underlying option shares were available to be converted into common stock, consistent with the 2,497 options exercised in this Form 4.