Farquhar John C.M. 4

What Happened
John C.M. Farquhar, Chief Executive Officer of HeartFlow, sold 22,562 shares in an open-market transaction on May 11, 2026. The shares were disposed at $29.12 per share, for a total value of approximately $657,005. The filing identifies the transaction as a sale (code S).

Key Details

• Transaction date and price: May 11, 2026 — 22,562 shares at $29.12 each (total ≈ $657,005).
• Transaction type: Sale (open market or private sale indicated on the Form 4).
• Plan/footnote: Transaction was effected under a Rule 10b5-1 trading plan adopted Sept 12, 2025 (pre‑arranged trading).
• Filing date/timeliness: Form 4 filed May 13, 2026 (two days after the transaction) — appears timely.
• Shares owned after transaction: Not specified in the summary data provided; see Form 4 accession 0001464521-26-000067 for full details.

Context
Sales by executives can be routine (e.g., diversification, pre-set trading plans, tax planning). The presence of a 10b5-1 plan indicates this sale was pre-authorized and likely part of a pre-arranged schedule rather than a spontaneous decision. This is factual reporting of the trade and not an assessment of company prospects.