Lightcap Jeffrey C 4

What Happened

• Jeffrey C. Lightcap, a Heartflow director, was allocated 206,261 shares of Heartflow common stock on March 24, 2026 via a pro rata in‑kind distribution from HCPCIV 1, LLC. The shares were received at $0.00 per share (no cash exchanged). This was an administrative transfer (Form 4 code J — other acquisition/disposition) as HCPCIV is being dissolved; the shares moved from indirect to direct beneficial ownership for Lightcap.

Key Details

• Transaction date: 2026-03-24; Filing date: 2026-03-26.
• Transaction type/code: Other acquisition/disposition (J) — in‑kind distribution.
• Shares acquired: 206,261; Price: $0.00; Reported value: $0.
• Shares owned after transaction: filing does not state total holdings; the 206,261 shares are now held directly by Lightcap rather than indirectly through HCPCIV.
• Footnote highlights:
  • HCPCIV effected a pro rata in‑kind distribution and is being dissolved (F1).
  • Lightcap is a controlling member of HealthCor Partners funds and may have voting/dispositive power over other reported shares but disclaims beneficial ownership except to the extent of his pecuniary interest (F2).
• Timeliness: Filed two days after the transaction; no late‑filing indication in the report.

Context

• This was not an open‑market purchase or sale but an in‑kind distribution tied to the dissolution of an entity that previously held the shares. Such transfers are typically administrative and do not necessarily signal a change in insider sentiment. The F2 disclaimer notes potential voting/dispositive relationships through investment funds but does not equate to additional direct ownership beyond the shares reported.