Cullivan Julie A 4
Research Summary
AI-generated summary
Heartflow (HTFL) Director Julie A. Cullivan Sells 9,122 Shares
What Happened
- Julie A. Cullivan, a director of Heartflow, Inc. (HTFL), sold 9,122 shares on March 5, 2026 at $25.00 per share, for total gross proceeds of $228,050. The transaction is reported as a sale (S) and was effected pursuant to a Rule 10b5-1 trading plan.
Key Details
- Transaction date: 2026-03-05; Price: $25.00 per share; Shares sold: 9,122; Total value: $228,050.
- Transaction type/code: Sale (S) — open market or private sale.
- Footnote: The sale was executed under a Rule 10b5-1 trading plan adopted by Ms. Cullivan on September 12, 2025.
- Filing/Period: Form 4 filed 2026-03-06 reporting the 2026-03-05 transaction (appears timely under standard Form 4 reporting rules).
- Shares owned after the transaction: not provided in the summary data here — see the Form 4 for the reported post-transaction holdings.
Context
- Sales by insiders can be routine (e.g., pre-set 10b5-1 plans, tax/liquidity needs) and do not necessarily signal a change in company outlook; the presence of a 10b5-1 plan indicates the trades were pre-planned. Purchases generally carry more weight for signaling, while planned sales are common for directors.