Kenneth Bate - 27 Feb 2025 Form 4 Insider Report for MADRIGAL PHARMACEUTICALS, INC. (MDGL)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
28 Feb 2025, 16:30:17 UTC
Prior SEC filing
27 Jun 2024
Next SEC filing
12 Jun 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Mardi Dier, as Attorney-in-Fact

Key filing fact

Kenneth Bate filed Form 4 for MADRIGAL PHARMACEUTICALS, INC. (MDGL) on 28 Feb 2025.

Key facts

  • This page summarizes Kenneth Bate's Form 4 filing for MADRIGAL PHARMACEUTICALS, INC. (MDGL).
  • 15 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 28 Feb 2025, 16:30.

Change

  • Previous filing in this sequence was filed on 27 Jun 2024.
  • Current net transaction value: -$5,803,472.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MDGL transaction

Common Stock

Options Exercise

Transaction value
$666,360
Shares
+6,000
Change %
+314%
Price
$111.06
Shares after
7,912
Date
27 Feb 2025
Ownership
Direct
MDGL transaction

Common Stock

Options Exercise

Transaction value
$616,118
Shares
+9,470
Change %
+120%
Price
$65.06
Shares after
17,382
Date
27 Feb 2025
Ownership
Direct
MDGL transaction

Common Stock

Options Exercise

Transaction value
$42,808
Shares
+4,530
Change %
+26%
Price
$9.45
Shares after
21,912
Date
27 Feb 2025
Ownership
Direct
MDGL transaction

Common Stock

Sale

Transaction value
$35,101
Shares
-100
Change %
-0.46%
Price
$351.01
Shares after
21,812
Date
27 Feb 2025
Ownership
Direct
Footnotes
F1
MDGL transaction

Common Stock

Sale

Transaction value
$175,995
Shares
-500
Change %
-2.3%
Price
$351.99
Shares after
21,312
Date
27 Feb 2025
Ownership
Direct
MDGL transaction

Common Stock

Sale

Transaction value
$84,213
Shares
-238
Change %
-1.1%
Price
$353.83
Shares after
21,074
Date
27 Feb 2025
Ownership
Direct
Footnotes
F2
MDGL transaction

Common Stock

Sale

Transaction value
$3,034,150
Shares
-8,545
Change %
-41%
Price
$355.08
Shares after
12,529
Date
27 Feb 2025
Ownership
Direct
Footnotes
F3
MDGL transaction

Common Stock

Sale

Transaction value
$995,016
Shares
-2,791
Change %
-22%
Price
$356.51
Shares after
9,738
Date
27 Feb 2025
Ownership
Direct
Footnotes
F4
MDGL transaction

Common Stock

Sale

Transaction value
$728,109
Shares
-2,038
Change %
-21%
Price
$357.27
Shares after
7,700
Date
27 Feb 2025
Ownership
Direct
Footnotes
F5
MDGL transaction

Common Stock

Sale

Transaction value
$1,271,359
Shares
-3,548
Change %
-46%
Price
$358.33
Shares after
4,152
Date
27 Feb 2025
Ownership
Direct
Footnotes
F6
MDGL transaction

Common Stock

Sale

Transaction value
$727,042
Shares
-2,024
Change %
-49%
Price
$359.21
Shares after
2,128
Date
27 Feb 2025
Ownership
Direct
Footnotes
F7
MDGL transaction

Common Stock

Sale

Transaction value
$77,774
Shares
-216
Change %
-10%
Price
$360.07
Shares after
1,912
Date
27 Feb 2025
Ownership
Direct
Footnotes
F8

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MDGL transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-6,000
Change %
-100%
Price
$0.000000
Shares after
0
Date
27 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
6,000
Exercise price
$111.06
Footnotes
F9
MDGL transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-9,470
Change %
-100%
Price
$0.000000
Shares after
0
Date
27 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
9,470
Exercise price
$65.06
Footnotes
F9
MDGL transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-4,530
Change %
-45%
Price
$0.000000
Shares after
5,470
Date
27 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,530
Exercise price
$9.45
Footnotes
F9
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 9 footnotes

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote F9

The shares underlying this stock option are fully vested and exercisable.

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