Heartflow, Inc. (HTFL) director exercises 47,420 options at $19 per share
Rhea-AI Filing Summary
Heartflow, Inc. director Jeffrey C. Lightcap exercised stock options covering 47,420 shares of common stock on July 24, 2026 at an exercise price of $19.00 per share. Following the exercise, his directly held common stock position increased to 293,681 shares, and the reported option grant was fully exhausted.
Affiliated investment entities report additional Heartflow common stock holdings: 4,615,542 shares by HCPCIV 1, LLC, 833,075 shares by HealthCor Partners Fund II, L.P., and 1,248,939 shares by HealthCor Partners Fund, L.P. Lightcap may be deemed to share voting and dispositive power over these securities but disclaims beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Buyer: 47,420 shares
Net Buy
5 txns
Insider
Lightcap Jeffrey C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option F2 | 47,420 | $0.00 | $0.00 |
| Exercise | Common Stock | 47,420 | $19.00 | $901K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock F1 | -- | -- | -- |
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Stock Option — 0 shares (Direct);
Common Stock — 293,681 shares (Direct);
Common Stock — 4,615,542 shares (Indirect, By HCPCIV 1, LLC);
Common Stock — 833,075 shares (Indirect, By HealthCor Partners Fund II, L.P.);
Common Stock — 1,248,939 shares (Indirect, By HealthCor Partners Fund, L.P.)
Footnotes (2)
- F1. Mr. Lightcap is a controlling member of each of HealthCor Partners Fund II, L.P. and HealthCor Partners Fund, L.P. and may be deemed to have voting and dispositive power with respect to the shares. Mr. Lightcap disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- F2. These stock options are fully exercisable.
Key Figures
Options Exercised: 47,420 shares
Exercise Price: $19.00 per share
Direct Common Stock After Exercise: 293,681 shares
+4 more
7 metrics
Options Exercised
47,420 shares
Stock options converted into common stock on 2026-07-24
Exercise Price
$19.00 per share
Exercise price of stock options into Heartflow common stock
Direct Common Stock After Exercise
293,681 shares
Direct holdings of Jeffrey C. Lightcap following the transaction
Indirect Holding via HCPCIV 1, LLC
4,615,542 shares
Common stock held indirectly "By HCPCIV 1, LLC"
Indirect Holding via HealthCor Partners Fund II, L.P.
833,075 shares
Common stock held indirectly by HealthCor Partners Fund II, L.P.
Indirect Holding via HealthCor Partners Fund, L.P.
1,248,939 shares
Common stock held indirectly by HealthCor Partners Fund, L.P.
Option Expiration Date
2035-08-07
Expiration date of the exercised stock option grant
Key Terms
Stock Option, Common Stock, disclaims beneficial ownership, pecuniary interest, +1 more
5 terms
Stock Option financial
"security_title: "Stock Option" with 47,420 underlying shares at $19.00"
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.
Common Stock financial
"underlying_security_title and direct holdings reported as Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
disclaims beneficial ownership financial
"Mr. Lightcap disclaims beneficial ownership of these securities except to the extent of his pecuniary interest"
pecuniary interest financial
"except to the extent of his pecuniary interest therein"
Section 16 regulatory
"for purposes of Section 16 or for any other purpose"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Heartflow (HTFL) director Jeffrey C. Lightcap report?
Jeffrey C. Lightcap reported exercising stock options into 47,420 shares of Heartflow common stock at an exercise price of $19.00 per share. This derivative exercise converted options into directly held shares rather than representing an open-market purchase or sale.
What was the exercise price of the Heartflow (HTFL) stock options?
The reported stock options were exercisable at $19.00 per share and covered 47,420 underlying shares of Heartflow common stock. The filing notes these options were fully exercisable and, after the transaction, no shares remained subject to that specific option grant.
What indirect Heartflow (HTFL) holdings are associated with Jeffrey C. Lightcap?
Entities associated with Jeffrey C. Lightcap hold Heartflow common stock, including 4,615,542 shares by HCPCIV 1, LLC, 833,075 by HealthCor Partners Fund II, L.P., and 1,248,939 by HealthCor Partners Fund, L.P. Lightcap may share voting and dispositive power but disclaims full beneficial ownership.
Were the exercised Heartflow (HTFL) stock options still subject to vesting conditions?
The filing notes that the reported Heartflow stock options were fully exercisable at the time of the transaction. This means all 47,420 underlying shares were already vested and available to be converted into common stock when Jeffrey C. Lightcap exercised them.