Heartflow, Inc. (HTFL) CFO exercises 22,522 stock options
Rhea-AI Filing Summary
Heartflow, Inc. reports that Chief Financial Officer Vikram Verghese exercised stock options for 22,522 shares of common stock at $2.22 per share on 2026-07-21. The stock option position decreased to 89,110 options, while his directly held common stock increased to 233,376 shares. The option vests in monthly installments through October 30, 2027, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 22,522 shares
Net Buy
2 txns
Insider
Verghese Vikram
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option F1 | 22,522 | $0.00 | $0.00 |
| Exercise | Common Stock. | 22,522 | $2.22 | $50K |
Holdings After Transaction:
Stock Option — 89,110 shares (Direct);
Common Stock. — 233,376 shares (Direct)
Footnotes (1)
- F1. The option vests and becomes exercisable in monthly installments until October 30, 2027, subject to continued service through the applicable vesting date.
Key Figures
Options Exercised: 22,522 shares
Exercise Price: $2.22 per share
Common Shares After Transaction: 233,376 shares
+3 more
6 metrics
Options Exercised
22,522 shares
Stock options exercised into common stock on 2026-07-21
Exercise Price
$2.22 per share
Exercise price of stock options converted into common stock
Common Shares After Transaction
233,376 shares
Directly held Heartflow common stock following the exercise
Options Held After Transaction
89,110 options
Total stock options reported following the derivative transaction
Option Expiration Date
2033-12-24
Expiration date of the reported stock option grant
Vesting End Date
October 30, 2027
Date through which the option vests in monthly installments
Key Terms
Stock Option, Exercise or conversion of derivative security, derivative, vesting, +1 more
5 terms
Stock Option financial
"security_title: "Stock Option" with an exercise price of $2.22 per share"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
Exercise or conversion of derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
derivative financial
"transaction_type: "derivative" for the stock option transaction"
A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.
vesting financial
"The option vests and becomes exercisable in monthly installments until October 30, 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
expiration date financial
"expiration_date: "2033-12-24" for the stock option grant"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Heartflow (HTFL) CFO Vikram Verghese report in this Form 4?
CFO Vikram Verghese exercised stock options for 22,522 shares of Heartflow common stock at $2.22 per share, increasing his directly held common stock position to 233,376 shares as of the reported transaction date.
How many Heartflow (HTFL) options did the CFO exercise and at what price?
Vikram Verghese exercised 22,522 stock options, receiving the same number of common shares at an exercise price of $2.22 per share. This is reported as an exercise or conversion of a derivative security, not as an open-market purchase.
What are the CFO’s Heartflow (HTFL) common stock holdings after the transaction?
After the reported transactions, Vikram Verghese directly holds 233,376 shares of Heartflow common stock. This reflects the addition of 22,522 shares received from exercising stock options on 2026-07-21, as disclosed in the non-derivative transaction table.
How many Heartflow (HTFL) stock options does the CFO hold after this exercise?
Following the option exercise, the reported stock option position totals 89,110 options. These options relate to a grant with an exercise price of $2.22 per share and an expiration date of 2033-12-24, as shown in the derivative transaction data.
What is the vesting schedule of the Heartflow (HTFL) options exercised by the CFO?
The footnote states that the option vests and becomes exercisable in monthly installments until October 30, 2027, subject to Vikram Verghese’s continued service through each applicable vesting date. This schedule governs when remaining unvested options can be exercised.
Was the Heartflow (HTFL) CFO’s option exercise under a Rule 10b5-1 trading plan?
The Form 4’s Rule 10b5-1 checkbox is not marked as affirmatively relying on a plan, and the available footnotes do not mention a 10b5-1 trading arrangement. The disclosure therefore does not characterize these transactions as made under such a plan.