4Filed Sep 3, 8:00 PM ET

Heartflow (HTFL) CFO Vikram Verghese Sells 33,416 Shares

$HTFL · Heartflow, Inc.

Research Summary

AI-generated summary of this SEC filing

Updated

Heartflow (HTFL) CFO Vikram Verghese Sells 33,416 Shares

What Happened

Vikram Verghese, Chief Financial Officer of Heartflow, reported the sale of 33,416 shares of HTFL stock in two open-market transactions. On 2026-09-02 he sold 5,876 shares at a weighted-average price of $50.60 for $297,326, and on 2026-09-03 he sold 27,540 shares at a weighted-average price of $49.69 for $1,368,471 — total proceeds about $1,665,797. These were sales (not purchases) and therefore do not signal a purchase-driven bullish vote by the insider.

Key Details

  • Transaction dates: 2026-09-02 (5,876 shares @ $50.60) and 2026-09-03 (27,540 shares @ $49.69).
  • Total shares sold: 33,416; total proceeds: approximately $1,665,797.
  • Reported price range: $48.22 to $50.80 across multiple executions; the filing shows weighted-average prices per trade. (Footnote: full breakdown of individual executions available on request per filer.)
  • Footnote: Sales were effected pursuant to a Rule 10b5-1 trading plan adopted June 4, 2026.
  • Shares owned after the transaction: not disclosed in the provided excerpt of the Form 4.
  • Filing: Form 4 filed 2026-09-04 for transactions on 2026-09-02 and 09-03 — appears timely (Form 4s are generally due within two business days).

Context

A 10b5-1 plan indicates these sales were executed under a pre-established trading arrangement, which is commonly used by insiders to set trades in advance and reduce concerns about trading on material nonpublic information. For retail investors, note that sales are routine insider activity and are typically less informative than purchases when interpreting insider sentiment.