Farquhar John C.M. 4
Research Summary
AI-generated summary
Heartflow (HTFL) CEO John Farquhar Withholds Shares for Taxes
What Happened John C.M. Farquhar, CEO of Heartflow, had a total of 7,204 shares disposed via withholding to satisfy tax obligations related to vested restricted stock units (RSUs). On 2026-05-06, 5,300 shares were withheld at $30.29 per share (value $160,537). On 2026-05-07, 1,904 shares were withheld at $29.98 per share (value $57,082). These transactions are tax-withholding/net-settlement events (routine dispositions), not open-market sales or purchases.
Key Details
- Transaction dates and prices: 2026-05-06 — 5,300 shares @ $30.29; 2026-05-07 — 1,904 shares @ $29.98.
- Total shares withheld: 7,204; total value approximately $217,619.
- Footnote: F1 — Issuer retained the shares to satisfy income tax withholding and remittance obligations for vested RSUs (net settlement).
- Transaction type/code: F (payment of exercise price or tax liability / tax withholding).
- Filing: Form 4 filed 2026-05-08 (appears timely given the reported transaction dates).
- Shares owned after transaction: not specified in the provided filing.
Context: These withholdings reflect routine tax withholding on RSU vesting (issuer-retained shares) and should not be read as a directional buy or sell signal about the CEO’s market sentiment.