Verghese Vikram 4
Research Summary
AI-generated summary
Heartflow (HTFL) CFO Vikram Verghese Receives RSU/Option Awards
What Happened
- Vikram Verghese, Chief Financial Officer of Heartflow (HTFL), received two compensation awards on Feb 6, 2026: 68,493 restricted stock units (RSUs) and 119,685 shares reported as a derivative award (no cash paid). To satisfy income tax withholding on vesting/net settlement, 542 shares were retained by the issuer at $27.74 per share, totaling $15,035.
Key Details
- Transaction date: February 6, 2026; Form 4 filed February 10, 2026 (timely).
- Sales/withholding: 542 shares withheld for tax obligations at $27.74 each = $15,035 (footnote F1 indicates issuer retained shares to satisfy tax withholding).
- Awards granted: 68,493 RSUs (acquired @ $0.00) and 119,685 derivative award shares (acquired @ $0.00).
- Vesting notes: RSUs vest 1/16th on each quarterly anniversary starting Feb 6, 2026 (F2). The derivative award vests 1/48th monthly from the vesting commencement date (F3).
- Shares owned after the transaction: not disclosed in the filing.
- Filing status: timely (filed within required business-day window).
Context
- These transactions are compensation-related grants (awards), not open-market purchases—awards often reflect pay/retention rather than a direct buy signal. The 542-share action was a net settlement/tax-withholding, common when RSUs vest. The derivative award is subject to a monthly vesting schedule (1/48), meaning shares will vest over time if service conditions are met.