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Insider Cluster (2 insiders) ·Filed Sep 18, 2026

HTFL

Heartflow, Inc.
BEARISH
Impact 4/10
Horizonweeks Processed1mo ago
Insider cluster: 2 insiders, $574K total
Actionable Insight ▼ Bearish

The cluster of open-market sales by both the CEO and CFO without 10b5-1 plan disclosure is notable. Monitor for any upcoming earnings pre-announcement or material corporate event that may have prompted the selling.

DirectionBearish
Confidencemedium
Horizonweeks
Latest settled — T+20d
HTFL ▲ +1.37% at T+20d
SHORT call ✗ call lost -1.37% · α vs SPY -2.28% · entry $50.33 → $51.02
Next anchor: T+60d in 7w
Latest observation: T+24 +3.36% FF3 residual α
Entry = T+0 close
Sep 18, 2026
via day close
T+1d
-0.32%
call +0.32% · α +0.30%
$50.17
settled 5w ago
T+5d
-0.81%
call +0.81% · α -0.21%
$49.92
settled 5w ago
T+20d
+1.37%
call -1.37% · α -2.28%
$51.02
settled 11d ago
T+60d
Pending
in 7w

Price Chart

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Executive Summary

Heartflow's CEO and CFO sold a combined $574K in open-market sales over a week, with the CFO selling $264K in two tranches and the CEO selling $195K. The total represents ~0.18% of the company's $326M market cap, a modest but notable cluster of insider selling from both top executives.

Key Financial Metrics

Direction
selling
Total Value
$574.0K
Insiders
2

Key Facts

  • CEO John C.M. Farquhar sold 3,900 shares at ~$50.00 for $195K on 2026-09-11
  • CFO Vikram Verghese sold 7,600 shares at ~$50.11 for $380K on 2026-09-17
  • Total insider selling: $574K, representing ~0.18% of market cap ($326M)
  • Both trades are open-market sales (code S) with no 10b5-1 plan indication
  • Cluster involves both C-suite executives (CEO and CFO)

Financial Impact

Total insider selling of $574K, approximately 0.18% of market cap

insider ownership

Risk Factors

  • Insider selling by top executives may signal lack of confidence in near-term prospects
  • No 10b5-1 plan indicated, suggesting discretionary selling

Investment Themes

Healthcare & Medical Devices

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-HTFL-1789778850630
25 reports for HTFL
Performance horizon
71% Hit rate @ T+5 5 of 7 directional calls Went positive at some point 6 of 8 best @ T+5▲ +18.23%Aug 13, 2026
Filters
Rows
Reports for HTFL — sortable, filterable
TypeNow
Oct 22, 2026
4d ago
144
NEUTRAL ★ 3/10
$55.43awaiting T+5—$57.01 (+2.84%)
Oct 22, 2026
4d ago
144
BEARISH ★ 5/10
$55.43awaiting T+5—$57.01 (−2.84%)
Oct 19, 2026
7d ago
Press Release
NEUTRAL ★ 1/10
$55.59awaiting T+5—$57.01 (+2.55%)
Sep 21, 2026
5w ago
Insider Cluster
BEARISH ★ 5/10
$50.17 $49.83▲ +0.68%▼ −0.51%$57.01 (−13.62%)
Sep 18, 2026
5w ago
Insider Cluster
BEARISH ★ 4/10
$50.33 $49.92▲ +0.81%▼ −0.21%$57.01 (−13.26%)
Sep 15, 2026
5w ago
Insider Cluster
NEUTRAL ★ 3/10
$48.30 $47.39▼ −1.88%▼ −4.45%$57.01 (+18.02%)
Sep 14, 2026
6w ago
Insider Cluster
BEARISH ★ 4/10
$48.33 $50.17▼ −3.81%▼ −1.68%$57.01 (−17.95%)
Aug 28, 2026
8w ago
Press Release
BULLISH ★ 7/10
$47.78 $48.91▲ +2.37%▲ +2.26%$57.01 (+19.31%)
Aug 25, 2026
8w ago
Insider Cluster
NEUTRAL ★ 4/10
$48.94 $50.00▲ +2.17%▲ +2.29%$57.01 (+16.48%)
Aug 20, 2026
9w ago
Insider Cluster
NEUTRAL ★ 4/10
$49.75 $47.78▼ −3.96%▼ −4.43%$57.01 (+14.58%)
Showing 10 of 25

US Market Status

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Report published Sep 18, 2026