Heartflow (HTFL) director granted 16,075 stock options at $32.05 exercise price
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Heartflow, Inc. director Riley Wayne Joseph reported receiving a stock option grant as part of his compensation. The award covers 16,075 shares of common stock at an exercise price of $32.05 per share, with the option expiring on June 16, 2036.
The filing shows this is a grant/award acquisition rather than an open-market trade. According to the terms, the option will vest in full on the earlier of the day prior to Heartflow's 2027 annual shareholder meeting or the first anniversary of the grant date, subject to his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Riley Wayne Joseph
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option | 16,075 | $32.05 | $515K |
Holdings After Transaction:
Stock Option — 16,075 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 16,075 shares
Exercise price: $32.05 per share
Total options after grant: 16,075 options
+2 more
5 metrics
Option grant size
16,075 shares
Underlying common stock in new option award
Exercise price
$32.05 per share
Stock option strike price
Total options after grant
16,075 options
Total derivative holdings following transaction
Expiration date
June 16, 2036
Stock option expiration
Vesting trigger
Earlier of pre-2027 meeting or 1-year
Vests in full subject to continued service
Key Terms
Stock Option, exercise price, Grant, award, or other acquisition, expiration date, +1 more
5 terms
Stock Option financial
"security_title: Stock Option with underlying common stock"
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 price financial
"conversion_or_exercise_price of 32.0500 per share"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
expiration date financial
"expiration_date: 2036-06-16T00:00:00.000Z"
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.
continued service financial
"subject to continued service through such date"
FAQ
What insider transaction did Heartflow (HTFL) director Riley Wayne Joseph report?
Riley Wayne Joseph reported receiving a stock option grant for 16,075 underlying shares. The option is a compensation-related award, not an open-market trade, and gives him the right to buy Heartflow common stock at a fixed exercise price.
What is the exercise price of Riley Wayne Joseph’s Heartflow (HTFL) stock option?
The stock option has an exercise price of $32.05 per share. This means Joseph can buy Heartflow common stock at $32.05 once the option is vested and exercised, regardless of the market price at that future time.
When does Riley Wayne Joseph’s Heartflow (HTFL) stock option vest?
The option will vest in full on the earlier of the day before Heartflow’s 2027 annual shareholder meeting or the first anniversary of the grant date. Vesting is conditioned on Joseph’s continued service with the company through that date.
When does Riley Wayne Joseph’s Heartflow (HTFL) stock option expire?
The stock option expires on June 16, 2036. After this expiration date, Joseph will no longer be able to exercise the option to purchase Heartflow common shares at the $32.05 exercise price specified in the grant.