Heartflow (HTFL) CMO option exercise and 9,219-share sale under 10b5-1 plan
Rhea-AI Filing Summary
Heartflow Chief Medical Officer Campbell Rogers exercised 9,219 stock options at an exercise price of $19.00 per share into common stock on July 15, 2026, and on the same day sold 9,219 common shares at $25.72 per share pursuant to a Rule 10b5-1 Trading Plan adopted on December 12, 2025.
After these transactions, he held 88,731 Heartflow common shares directly and 92,191 stock options, and also had indirect common stock holdings through trusts, including 50,754, 26,012, 46,159 and 22,615 shares held by various Rogers family trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 9,219 shares ($237,113)
Net Sell
7 txns
Insider
Rogers Campbell
Role
Chief Medical Officer
Sold
9,219 shs ($237K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options | 9,219 | $0.00 | -- |
| Exercise | Common Stock | 9,219 | $19.00 | $175K |
| Sale | Common Stock | 9,219 | $25.72 | $237K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Options — 92,191 shares (Direct);
Common Stock — 97,950 shares (Direct);
Common Stock — 22,615 shares (Indirect, By Campbell Rogers 2019 Irrevocable Trust)
Footnotes (1)
- The option exercise and sale reported on this Form 4 were effected pursuant to a Rule 10b5-1 Trading Plan adopted by the reporting person on December 12, 2025. The option vests and becomes exercisable in monthly installments until August 7, 2029, subject to continued service through the applicable vesting date.
Key Figures
Shares sold: 9,219 shares of Common Stock
Sale price: $25.72 per share
Options exercised: 9,219 Stock Options
+5 more
8 metrics
Shares sold
9,219 shares of Common Stock
Sale on July 15, 2026 at $25.72 per share
Sale price
$25.72 per share
Price received for 9,219 common shares sold on July 15, 2026
Options exercised
9,219 Stock Options
Exercised into common stock at a $19.00 exercise price on July 15, 2026
Exercise price
$19.00 per share
Exercise price of stock options converted into 9,219 common shares
Direct common shares after transactions
88,731 shares
Direct Heartflow common stock holdings following July 15, 2026 transactions
Options outstanding after exercise
92,191 Stock Options
Remaining options following the 9,219-option exercise on July 15, 2026
Indirect trust holdings
50,754; 26,012; 46,159; 22,615 shares
Common shares held through four Rogers-related trusts as of July 15, 2026
Option expiration date
August 7, 2035
Expiration date of the stock option series exercised in part on July 15, 2026
Key Terms
Rule 10b5-1 Trading Plan, Stock Options, derivative security, indirect ownership, +1 more
5 terms
Rule 10b5-1 Trading Plan regulatory
"The option exercise and sale were effected pursuant to a Rule 10b5-1 Trading Plan adopted"
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
"Security title listed as Stock Options with an underlying security of Common Stock"
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.
derivative security financial
"Transaction code M described as Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
indirect ownership financial
"Ownership type reported as indirect with shares held by various family trusts"
monthly installments financial
"The option vests and becomes exercisable in monthly installments until August 7, 2029"
Monthly installments are regular, fixed payments made each month to gradually pay off a larger amount, such as a loan or purchase. Think of it like paying for a big item in small, manageable parts instead of all at once. For investors, understanding installment payments helps gauge how debts are structured and how they might affect financial stability or cash flow over time.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Heartflow (HTFL) report for Campbell Rogers?
Campbell Rogers exercised 9,219 stock options at $19.00 per share and sold 9,219 common shares at $25.72 on July 15, 2026. Both the option exercise and share sale were carried out under a Rule 10b5-1 trading plan adopted on December 12, 2025.
Were Campbell Rogers’ Heartflow (HTFL) transactions under a Rule 10b5-1 plan?
Yes. The option exercise and share sale were effected under a Rule 10b5-1 Trading Plan adopted by Campbell Rogers on December 12, 2025. The Form 4 also affirms the Rule 10b5-1 checkbox, indicating the transactions followed a pre-established trading arrangement.
What Heartflow (HTFL) stock option position does Campbell Rogers retain?
Following the July 15, 2026 option exercise of 9,219 shares, Campbell Rogers retained 92,191 stock options. The option series involved in the transaction has a $19.00 exercise price and is scheduled to vest in monthly installments until August 7, 2029.
How are Campbell Rogers’ indirect Heartflow (HTFL) holdings structured?
In addition to direct holdings, Rogers reports indirect ownership of Heartflow common stock through multiple trusts, including The Campbell Rogers Revocable Trust, a Spouse's Trust, the CR Asset Protection Trust of 2023 and the Campbell Rogers 2019 Irrevocable Trust, each holding distinct share amounts.