Alex G. Howarth - 23 Jan 2024 Form 4 Insider Report for MADRIGAL PHARMACEUTICALS, INC. (MDGL)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
25 Jan 2024, 15:29:59 UTC
Prior SEC filing
18 Jan 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Brian J. Lynch**

Key filing fact

Alex G. Howarth filed Form 4 for MADRIGAL PHARMACEUTICALS, INC. (MDGL) on 25 Jan 2024.

Key facts

  • This page summarizes Alex G. Howarth's Form 4 filing for MADRIGAL PHARMACEUTICALS, INC. (MDGL).
  • 3 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 25 Jan 2024, 15:29.

Change

  • Previous filing in this sequence was filed on 18 Jan 2024.
  • Current net transaction value: $0.

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

Award

Transaction value
$0
Shares
+4,803
Change %
+34%
Price
$0.000000
Shares after
18,737
Date
23 Jan 2024
Ownership
Direct
Footnotes
F1

Reported derivative securities

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

MDGL transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value
$0
Shares
+7,238
Change %
Price
$0.000000
Shares after
7,238
Date
23 Jan 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
7,238
Exercise price
$229.00
Footnotes
F2
MDGL transaction Derivative

Market Stock Unit

Award

Transaction value
$0
Shares
+4,803
Change %
Price
$0.000000
Shares after
4,803
Date
23 Jan 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,803
Exercise price
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Represents a grant of restricted stock units, which vest as to 25% of the shares on each of January 23, 2025, January 23, 2026, January 23, 2027 and January 23, 2028, provided the Reporting Person continues in service with the Issuer on each such date.

Footnote F2

The option vests as to 25% of the shares on the first anniversary of the date of grant (January 23, 2025) and, thereafter, 6.25% of the shares shall vest on the last day of each successive three month period, provided the Reporting Person continues in service with the Issuer on each such date.

Footnote F3

Each market stock unit, which is performance-based, represents the contingent right to receive one share of common stock. The amount reported represents the target number of shares which may be issued upon vesting. The market stock units will vest upon certification concerning the Company's stock price performance measured against biotechnology stock index companies for the entire performance period ending December 31, 2026.

SEC remarks

**As attorney-in-fact for Reporting Person

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .