Heartflow (HTFL) HealthCor Director Distributes 4.62M Shares

What Happened
HealthCor Partners Management LP, listed as a director on Heartflow's Form 4, reported a disposition of 4,615,542 shares of Heartflow common stock on 2026-03-24. The transaction is coded as "J" (other acquisition or disposition); no per-share price or total proceeds are reported (marked N/A). A filing footnote clarifies that each share was distributed to the fund's investors — an in-kind distribution rather than an open-market sale.

Key Details

• Transaction date: 2026-03-24 (Form 4 filed 2026-03-26). Filing appears timely (filed two days after the transaction).
• Transaction code: J (Other acquisition or disposition).
• Shares disposed: 4,615,542. Price and total value: N/A / not reported.
• Shares owned after transaction: not provided in the supplied excerpt.
• Footnote (F1): "Each share of common stock was distributed to fund investors."
• Insider type: Institutional investor / fund manager (HealthCor), not an executive sale.

Context
Distributions from a fund to its investors are typically in-kind transfers and do not necessarily indicate the fund manager selling into the market or expressing a bearish view. For retail investors assessing impact, check subsequent changes in public float, trading volume, and any related disclosures from the company or the fund for further clarity.