STOCK TITAN

Heartflow CMO sells 19,682 shares at $50.15

(Very High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Heartflow, Inc. (HTFL) reported that Chief Medical Officer Campbell Rogers exercised stock options for 13,179 shares of common stock on September 18, 2026 at exercise prices of $8.33 and $2.22 per share and sold 19,682 shares at $50.15 per share, all effected under a Rule 10b5-1 trading plan adopted on June 16, 2026.

After these transactions, Rogers continued to hold shares indirectly through several personal and family trusts, including 22,615, 46,159, 26,012 and 50,754 shares in separate trust accounts.

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Insights

Analyzing...

Insider Rogers Campbell
Role Chief Medical Officer
Sold 19,682 shs ($987K)
Approx. gross sale proceeds $987K
Approx. exercise cost $105K
Type Security Shares Price Value
Exercise Stock Option F1, F3 12,329 $0.00 $0.00
Exercise Stock Option F1, F4 850 $0.00 $0.00
Exercise Common Stock F1 12,329 $8.33 $103K
Exercise Common Stock F1 850 $2.22 $2K
Sale Common Stock F2 19,682 $50.15 $987K
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Stock Option — 102,239 contracts (Direct); Common Stock — 79,956 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 (4)
  1. F1. The option exercise and sale reported on this Form 4 were effected pursuant to Rule 10b5-1 Trading Plan adopted by the reporting person on June 16, 2026.
  2. F2. Includes the sale of 6,503 shares of common stock held and the option exercise and sale of 13,179 shares reported on this Form 4 that were effected pursuant to a Rule 10b5-1 Trading Plan adopted by the reporting person on June 16, 2026.
  3. F3. These stock options are fully exercisable.
  4. F4. The option vests and becomes exercisable in monthly installments until July 1, 2027, subject to continued service through the applicable vesting date.
Options exercised 13,179 shares Common stock acquired upon option exercises on September 18, 2026
Sale volume 19,682 shares Common stock sold on September 18, 2026
Sale price $50.15 per share Price for 19,682 shares of common stock sold
Option exercise price $8.33 per share Exercise price for 12,329 shares of common stock
Option exercise price $2.22 per share Exercise price for 850 shares of common stock
Indirect holding – Campbell Rogers 2019 Irrevocable Trust 22,615 shares Indirect common stock ownership reported through this trust
Indirect holding – CR Asset Protection Trust of 2023 46,159 shares Indirect common stock ownership reported through this trust
Indirect holding – The Campbell Rogers Revocable Trust 50,754 shares Indirect common stock ownership reported through this trust
Rule 10b5-1 Trading Plan regulatory
"were effected pursuant to Rule 10b5-1 Trading Plan adopted by the reporting person"
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.
stock options financial
"These stock options are fully exercisable."
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
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"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did HTFL’s Chief Medical Officer report on September 18, 2026?

Campbell Rogers reported exercising stock options for 13,179 shares of Heartflow common stock and selling 19,682 shares at $50.15 per share on September 18, 2026, in a series of related transactions.

At what prices were the HTFL stock options exercised by the Chief Medical Officer?

The reported stock options were exercised for Heartflow common stock at exercise prices of $8.33 per share for 12,329 shares and $2.22 per share for 850 shares on September 18, 2026.

How many HTFL shares did the Chief Medical Officer sell in this Form 4 filing?

The filing reports that 19,682 shares of Heartflow common stock were sold at a price of $50.15 per share, including 6,503 shares previously held and 13,179 shares issued upon option exercise.

Were the HTFL insider transactions made under a Rule 10b5-1 trading plan?

Yes. The option exercise and related sale were effected pursuant to a Rule 10b5-1 trading plan adopted by Campbell Rogers on June 16, 2026, as stated in the footnotes.

What indirect HTFL shareholdings does the Chief Medical Officer report after these transactions?

After these transactions, Campbell Rogers reports indirect ownership of Heartflow common stock through several trusts holding 22,615, 46,159, 26,012 and 50,754 shares, respectively.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Rogers Campbell

(Last)(First)(Middle)
C/O HEARTFLOW, INC.
135 MAIN STREET, SUITE 1000

(Street)
SAN FRANCISCO CALIFORNIA 94105

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Heartflow, Inc. [ HTFL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Medical Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/18/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock09/18/2026M(1)12,329A$8.3398,788D
Common Stock09/18/2026M(1)850A$2.2299,638D
Common Stock09/18/2026S(2)19,682D$50.1579,956D
Common Stock22,615IBy Campbell Rogers 2019 Irrevocable Trust
Common Stock46,159IBy CR Asset Protection Trust of 2023
Common Stock26,012IBy Spouse's Trust
Common Stock50,754IBy The Campbell Rogers Revocable Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option$8.3309/18/2026M(1)12,329 (3)02/28/2030Common Stock12,329$031,456D
Stock Option$2.2209/18/2026M(1)850 (4)07/10/2033Common Stock850$070,783D
Explanation of Responses:
1. The option exercise and sale reported on this Form 4 were effected pursuant to Rule 10b5-1 Trading Plan adopted by the reporting person on June 16, 2026.
2. Includes the sale of 6,503 shares of common stock held and the option exercise and sale of 13,179 shares reported on this Form 4 that were effected pursuant to a Rule 10b5-1 Trading Plan adopted by the reporting person on June 16, 2026.
3. These stock options are fully exercisable.
4. The option vests and becomes exercisable in monthly installments until July 1, 2027, subject to continued service through the applicable vesting date.
/s/ Nga Van, by power of attorney09/21/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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