Fred B. Craves - Nov 25, 2024 Form 4 Insider Report for MADRIGAL PHARMACEUTICALS, INC. (MDGL)

Role
Director
Signature
/s/ Mardi Dier, as Attorney-in-Fact
Stock symbol
MDGL
Transactions as of
Nov 25, 2024
Transactions value $
-$1,191,028
Form type
4
Date filed
11/27/2024, 04:16 PM
Previous filing
Sep 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MDGL Common Stock Sale -$770K -2.2K -12.22% $350.08 15.8K Nov 25, 2024 See Footnotes F1, F2
transaction MDGL Common Stock Sale -$421K -1.2K -7.59% $350.71 14.6K Nov 25, 2024 See Footnotes F2, F3
holding MDGL Common Stock 360K Nov 25, 2024 Direct
holding MDGL Common Stock 11.2K Nov 25, 2024 See Footnote F4
holding MDGL Common Stock 1.26K Nov 25, 2024 See Footnotes F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $350.00 to $350.40, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote and the footnotes below.
F2 Represents shares held indirectly by Dr. Craves through the Craves Family Foundation.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $350.46 to $351.06, inclusive.
F4 Represents shares held indirectly by Dr. Craves through a grantor retained annuity trust.
F5 These securities are held by Bay City Capital LLC ("BCC"). Dr. Craves disclaims beneficial ownership of these securities held by BCC, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares, except to the extent of his pecuniary interest, if any, in the securities by virtue of the limited liability company interests he owns in BCC.