Heartflow (HTFL) Director Timothy C. Barabe Exercises 3,710 Options

What Happened

• Timothy C. Barabe, a director of Heartflow, exercised stock options on 2026-07-22 to acquire 3,710 shares at an exercise price of $19.00 per share, for a cash cost of $70,490. The filing shows the corresponding derivative (the option) was converted/surrendered in the transaction.

Key Details

• Transaction date: 2026-07-22
• Action: Exercise/conversion of derivative (transaction code M)
• Shares acquired: 3,710 at $19.00 each; total cash paid $70,490
• Derivative disposed: 3,710 option units converted (reported at $0.00 as the derivative was exercised)
• Footnote: F1 — these stock options are fully exercisable
• Shares owned after transaction: Not stated in the provided excerpt of the filing
• Filing timeliness: Report filed 2026-07-24 for a 2026-07-22 transaction (appears timely)

Context

• This was an options exercise (insider acquiring stock), not a reported sale of shares. The filing does not show any immediate sale of the acquired shares (no cashless or market sale reported). Transaction code M simply indicates exercise/conversion of a derivative instrument (options).