BARABE TIMOTHY C 4
Research Summary
AI-generated summary
Heartflow (HTFL) Director Timothy C. Barabe Exercises Options
What Happened
- Timothy C. Barabe, a director of Heartflow, exercised stock options on 2026-02-17. The Form 4 shows he acquired 2,497 shares at $8.33 per share for a total cash outlay of $20,800. The filing also reports a simultaneous disposition of 2,497 shares at $0.00 (derivative).
Key Details
- Transaction date: 2026-02-17
- Acquired: 2,497 shares at $8.33 each (total $20,800) — code M (exercise/conversion of derivative)
- Disposed: 2,497 shares at $0.00 (reported as derivative) — code M
- Footnote: These stock options are fully exercisable (F1)
- Shares owned after transaction: not specified in the supplied filing excerpt
- Filing timeliness: Report filed 2026-02-19 for a 2026-02-17 transaction — appears timely (no late-filing flag shown)
Context
- For option exercises, a reported disposition at $0.00 often indicates shares were surrendered or withheld (e.g., to cover the exercise price or taxes) as part of a net or cashless exercise rather than an open-market sale. The filing does not show any open-market sale of the newly acquired shares.