Fred B. Craves - 12 Mar 2025 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
14 Mar 2025, 16:25:06 UTC
Prior SEC filing
05 Dec 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Mardi Dier, as Attorney-in-Fact

Key filing fact

Fred B. Craves filed Form 4 for MADRIGAL PHARMACEUTICALS, INC. (MDGL) on 14 Mar 2025.

Key facts

  • This page summarizes Fred B. Craves's Form 4 filing for MADRIGAL PHARMACEUTICALS, INC. (MDGL).
  • 19 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 14 Mar 2025, 16:25.

Change

  • Previous filing in this sequence was filed on 05 Dec 2024.
  • Current net transaction value: -$3,800,001.

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
$112,424
Shares
+1,728
Change %
+0.49%
Price
$65.06
Shares after
351,804
Date
12 Mar 2025
Ownership
Direct
MDGL transaction

Common Stock

Options Exercise

Transaction value
$666,360
Shares
+6,000
Change %
+1.7%
Price
$111.06
Shares after
357,804
Date
12 Mar 2025
Ownership
Direct
MDGL transaction

Common Stock

Sale

Transaction value
$524,560
Shares
-1,587
Change %
-0.44%
Price
$330.54
Shares after
356,217
Date
12 Mar 2025
Ownership
Direct
Footnotes
F1
MDGL transaction

Common Stock

Sale

Transaction value
$914,221
Shares
-2,759
Change %
-0.77%
Price
$331.36
Shares after
353,458
Date
12 Mar 2025
Ownership
Direct
Footnotes
F2
MDGL transaction

Common Stock

Sale

Transaction value
$791,726
Shares
-2,382
Change %
-0.67%
Price
$332.38
Shares after
351,076
Date
12 Mar 2025
Ownership
Direct
Footnotes
F3
MDGL transaction

Common Stock

Sale

Transaction value
$266,926
Shares
-800
Change %
-0.23%
Price
$333.66
Shares after
350,276
Date
12 Mar 2025
Ownership
Direct
Footnotes
F4
MDGL transaction

Common Stock

Sale

Transaction value
$66,994
Shares
-200
Change %
-0.06%
Price
$334.97
Shares after
350,076
Date
12 Mar 2025
Ownership
Direct
Footnotes
F5
MDGL transaction

Common Stock

Options Exercise

Transaction value
$503,695
Shares
+7,742
Change %
+2.2%
Price
$65.06
Shares after
357,818
Date
13 Mar 2025
Ownership
Direct
MDGL transaction

Common Stock

Sale

Transaction value
$629,100
Shares
-1,951
Change %
-0.55%
Price
$322.45
Shares after
355,867
Date
13 Mar 2025
Ownership
Direct
Footnotes
F6
MDGL transaction

Common Stock

Sale

Transaction value
$533,394
Shares
-1,649
Change %
-0.46%
Price
$323.47
Shares after
354,218
Date
13 Mar 2025
Ownership
Direct
Footnotes
F7
MDGL transaction

Common Stock

Sale

Transaction value
$292,218
Shares
-900
Change %
-0.25%
Price
$324.69
Shares after
353,318
Date
13 Mar 2025
Ownership
Direct
Footnotes
F8
MDGL transaction

Common Stock

Sale

Transaction value
$260,501
Shares
-800
Change %
-0.23%
Price
$325.63
Shares after
352,518
Date
13 Mar 2025
Ownership
Direct
Footnotes
F9
MDGL transaction

Common Stock

Sale

Transaction value
$327,627
Shares
-1,000
Change %
-0.28%
Price
$327.63
Shares after
351,518
Date
13 Mar 2025
Ownership
Direct
Footnotes
F10
MDGL transaction

Common Stock

Sale

Transaction value
$131,472
Shares
-400
Change %
-0.11%
Price
$328.68
Shares after
351,118
Date
13 Mar 2025
Ownership
Direct
Footnotes
F11
MDGL transaction

Common Stock

Sale

Transaction value
$318,975
Shares
-967
Change %
-0.28%
Price
$329.86
Shares after
350,151
Date
13 Mar 2025
Ownership
Direct
Footnotes
F12
MDGL transaction

Common Stock

Sale

Transaction value
$24,767
Shares
-75
Change %
-0.02%
Price
$330.22
Shares after
350,076
Date
13 Mar 2025
Ownership
Direct
MDGL holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
11,210
Date
12 Mar 2025
Ownership
See Footnote
Footnotes
F13
MDGL holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,261
Date
12 Mar 2025
Ownership
See Footnotes
Footnotes
F14
MDGL holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
21,000
Date
12 Mar 2025
Ownership
See Footnotes
Footnotes
F15

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
-1,728
Change %
-18%
Price
$0.000000
Shares after
7,742
Date
12 Mar 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,728
Exercise price
$65.06
Footnotes
F16
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
12 Mar 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
6,000
Exercise price
$111.06
Footnotes
F16
MDGL transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-7,742
Change %
-100%
Price
$0.000000
Shares after
0
Date
13 Mar 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
7,742
Exercise price
$65.06
Footnotes
F16
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 16 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 $330.00 to $330.92, 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 $331.00 to $331.89, 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 $332.01 to $332.88, 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 $333.39 to $333.89, 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 $334.95 to $334.99, 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 $322.02 to $323.00, 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 $323.02 to $323.97, 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 $324.16 to $324.84, inclusive.

Footnote F9

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $325.34 to $325.955, inclusive.

Footnote F10

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $327.19 to $328.18, inclusive.

Footnote F11

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $328.20 to $329.165, inclusive.

Footnote F12

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $329.22 to $330.20, inclusive.

Footnote F13

Represents shares held indirectly by Dr. Craves through a grantor retained annuity trust.

Footnote F14

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.

Footnote F15

Represents shares held indirectly by Dr. Craves through the Craves Family Foundation.

Footnote F16

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

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 .