Kenneth Bate - Feb 27, 2025 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
Feb 27, 2025
Transactions value $
-$5,803,472
Form type
4
Date filed
2/28/2025, 04:30 PM
Previous filing
Jun 27, 2024
Next filing
Jun 12, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MDGL Common Stock Options Exercise $666K +6K +313.81% $111.06 7.91K Feb 27, 2025 Direct
transaction MDGL Common Stock Options Exercise $616K +9.47K +119.69% $65.06 17.4K Feb 27, 2025 Direct
transaction MDGL Common Stock Options Exercise $42.8K +4.53K +26.06% $9.45 21.9K Feb 27, 2025 Direct
transaction MDGL Common Stock Sale -$35.1K -100 -0.46% $351.01 21.8K Feb 27, 2025 Direct F1
transaction MDGL Common Stock Sale -$176K -500 -2.29% $351.99 21.3K Feb 27, 2025 Direct
transaction MDGL Common Stock Sale -$84.2K -238 -1.12% $353.83 21.1K Feb 27, 2025 Direct F2
transaction MDGL Common Stock Sale -$3.03M -8.55K -40.55% $355.08 12.5K Feb 27, 2025 Direct F3
transaction MDGL Common Stock Sale -$995K -2.79K -22.28% $356.51 9.74K Feb 27, 2025 Direct F4
transaction MDGL Common Stock Sale -$728K -2.04K -20.93% $357.27 7.7K Feb 27, 2025 Direct F5
transaction MDGL Common Stock Sale -$1.27M -3.55K -46.08% $358.33 4.15K Feb 27, 2025 Direct F6
transaction MDGL Common Stock Sale -$727K -2.02K -48.75% $359.21 2.13K Feb 27, 2025 Direct F7
transaction MDGL Common Stock Sale -$77.8K -216 -10.15% $360.07 1.91K Feb 27, 2025 Direct F8

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MDGL Stock Option (Right to Buy) Options Exercise $0 -6K -100% $0.00 0 Feb 27, 2025 Common Stock 6K $111.06 Direct F9
transaction MDGL Stock Option (Right to Buy) Options Exercise $0 -9.47K -100% $0.00 0 Feb 27, 2025 Common Stock 9.47K $65.06 Direct F9
transaction MDGL Stock Option (Right to Buy) Options Exercise $0 -4.53K -45.3% $0.00 5.47K Feb 27, 2025 Common Stock 4.53K $9.45 Direct F9
* 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 $350.98 to $351.01, 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $353.78 to $354.50, inclusive.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $354.79 to $355.78, inclusive.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $355.83 to $356.79, inclusive.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $356.83 to $357.79, inclusive.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $357.91 to $358.83, inclusive.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $358.94 to $359.84, inclusive.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $359.99 to $360.17, inclusive.
F9 The shares underlying this stock option are fully vested and exercisable.