AG˹ٷ

STOCK TITAN

[Form 4] Madrigal Pharmaceuticals, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Kenneth Bate, Director at Madrigal Pharmaceuticals (MDGL), reported two significant equity transactions on June 20, 2025:

  • Received 715 restricted stock units (RSUs) at $0, bringing total direct common stock ownership to 2,627 shares
  • Granted stock options to purchase 1,290 shares at an exercise price of $285.73 per share

Both the RSUs and stock options are scheduled to vest at the company's 2026 annual stockholder meeting, contingent on Bate's continued service as director. The stock options have a ten-year term, expiring on June 20, 2035. The transactions were reported via Form 4 filing, with Mardi Dier signing as attorney-in-fact on June 24, 2025.

Kenneth Bate, Direttore presso Madrigal Pharmaceuticals (MDGL), ha comunicato due importanti operazioni azionarie il 20 giugno 2025:

  • Ha ricevuto 715 unità azionarie vincolate (RSU) a $0, portando il totale delle azioni ordinarie possedute direttamente a 2.627
  • Gli sono state assegnate opzioni su azioni per acquistare 1.290 azioni a un prezzo di esercizio di $285,73 per azione

Sia le RSU che le opzioni su azioni matureranno durante l'assemblea annuale degli azionisti del 2026, a condizione che Bate continui a ricoprire il ruolo di direttore. Le opzioni hanno una durata di dieci anni, con scadenza il 20 giugno 2035. Le operazioni sono state segnalate tramite il modulo Form 4, firmato da Mardi Dier in qualità di procuratore il 24 giugno 2025.

Kenneth Bate, Director en Madrigal Pharmaceuticals (MDGL), informó dos importantes transacciones de acciones el 20 de junio de 2025:

  • 𳦾ó 715 unidades restringidas de acciones (RSU) a $0, elevando su propiedad directa total de acciones comunes a 2,627
  • Se le otorgaron opciones para comprar 1,290 acciones a un precio de ejercicio de $285.73 por acción

Tanto las RSU como las opciones de acciones están programadas para consolidarse en la reunión anual de accionistas de la compañía en 2026, siempre que Bate continúe en su cargo como director. Las opciones tienen un plazo de diez años, venciendo el 20 de junio de 2035. Las transacciones fueron reportadas mediante la presentación del Formulario 4, firmado por Mardi Dier como apoderado el 24 de junio de 2025.

케네스 베이�, 마드리갈 파마슈티컬스 (MDGL) 이사님께� 2025� 6� 20� � 건의 주요 주식 거래� 보고하였습니�:

  • 0달러� 715개의 제한 주식 단위(RSU)� 수령하여 직접 보유� 보통� 총수가 2,627주가 되었습니�
  • 주당 285.73달러 행사갶격으� 1,290�� 매수� � 있는 스톡옵션� 부여받았습니다

RSU와 스톡옵션 모두 베이� 이사가 계속 이사직을 유지하는 조건으로, 2026� 연례 주주총회에서 베스팅될 예정입니�. 스톡옵션� 유효기간은 10년으�, 2035� 6� 20� 만료됩니�. 해당 거래� 2025� 6� 24� 법정대리인� 마디 디어가 서명� Form 4 신고서로 보고되었습니�.

Kenneth Bate, Directeur chez Madrigal Pharmaceuticals (MDGL), a déclaré deux transactions importantes sur actions le 20 juin 2025 :

  • A reçu 715 unités d'actions restreintes (RSU) à 0 $, portant sa détention directe totale d'actions ordinaires à 2 627
  • Sees ont accordé des options d'achat de 1 290 actions à un prix d'exercice de 285,73 $ par action

Les RSU et les options d'achat d'actions doivent être acquises lors de l'assemblée annuelle des actionnaires de 2026, sous réserve que Bate continue à servir en tant que directeur. Les options ont une durée de dix ans et expirent le 20 juin 2035. Les transactions ont été déclarées via le dépôt du formulaire 4, signé par Mardi Dier en tant que mandataire le 24 juin 2025.

Kenneth Bate, Direktor bei Madrigal Pharmaceuticals (MDGL), meldete am 20. Juni 2025 zwei bedeutende Aktiengeschäfte:

  • Er erhielt 715 Restricted Stock Units (RSUs) zu einem Preis von 0 $, wodurch sein direkter Bestand an Stammaktien auf 2.627 Aktien anstieg
  • Er erhielt Aktienoptionen zum Kauf von 1.290 Aktien zu einem Ausübungspreis von 285,73 $ pro Aktie

Sowohl die RSUs als auch die Aktienoptionen sollen auf der Hauptversammlung 2026 des Unternehmens vesten, vorausgesetzt, Bate bleibt weiterhin als Direktor tätig. Die Aktienoptionen haben eine Laufzeit von zehn Jahren und laufen am 20. Juni 2035 ab. Die Transaktionen wurden über die Formular-4-Meldung gemeldet, die am 24. Juni 2025 von Mardi Dier als Bevollmächtigter unterzeichnet wurde.

Positive
  • None.
Negative
  • None.

Kenneth Bate, Direttore presso Madrigal Pharmaceuticals (MDGL), ha comunicato due importanti operazioni azionarie il 20 giugno 2025:

  • Ha ricevuto 715 unità azionarie vincolate (RSU) a $0, portando il totale delle azioni ordinarie possedute direttamente a 2.627
  • Gli sono state assegnate opzioni su azioni per acquistare 1.290 azioni a un prezzo di esercizio di $285,73 per azione

Sia le RSU che le opzioni su azioni matureranno durante l'assemblea annuale degli azionisti del 2026, a condizione che Bate continui a ricoprire il ruolo di direttore. Le opzioni hanno una durata di dieci anni, con scadenza il 20 giugno 2035. Le operazioni sono state segnalate tramite il modulo Form 4, firmato da Mardi Dier in qualità di procuratore il 24 giugno 2025.

Kenneth Bate, Director en Madrigal Pharmaceuticals (MDGL), informó dos importantes transacciones de acciones el 20 de junio de 2025:

  • 𳦾ó 715 unidades restringidas de acciones (RSU) a $0, elevando su propiedad directa total de acciones comunes a 2,627
  • Se le otorgaron opciones para comprar 1,290 acciones a un precio de ejercicio de $285.73 por acción

Tanto las RSU como las opciones de acciones están programadas para consolidarse en la reunión anual de accionistas de la compañía en 2026, siempre que Bate continúe en su cargo como director. Las opciones tienen un plazo de diez años, venciendo el 20 de junio de 2035. Las transacciones fueron reportadas mediante la presentación del Formulario 4, firmado por Mardi Dier como apoderado el 24 de junio de 2025.

케네스 베이�, 마드리갈 파마슈티컬스 (MDGL) 이사님께� 2025� 6� 20� � 건의 주요 주식 거래� 보고하였습니�:

  • 0달러� 715개의 제한 주식 단위(RSU)� 수령하여 직접 보유� 보통� 총수가 2,627주가 되었습니�
  • 주당 285.73달러 행사갶격으� 1,290�� 매수� � 있는 스톡옵션� 부여받았습니다

RSU와 스톡옵션 모두 베이� 이사가 계속 이사직을 유지하는 조건으로, 2026� 연례 주주총회에서 베스팅될 예정입니�. 스톡옵션� 유효기간은 10년으�, 2035� 6� 20� 만료됩니�. 해당 거래� 2025� 6� 24� 법정대리인� 마디 디어가 서명� Form 4 신고서로 보고되었습니�.

Kenneth Bate, Directeur chez Madrigal Pharmaceuticals (MDGL), a déclaré deux transactions importantes sur actions le 20 juin 2025 :

  • A reçu 715 unités d'actions restreintes (RSU) à 0 $, portant sa détention directe totale d'actions ordinaires à 2 627
  • Sees ont accordé des options d'achat de 1 290 actions à un prix d'exercice de 285,73 $ par action

Les RSU et les options d'achat d'actions doivent être acquises lors de l'assemblée annuelle des actionnaires de 2026, sous réserve que Bate continue à servir en tant que directeur. Les options ont une durée de dix ans et expirent le 20 juin 2035. Les transactions ont été déclarées via le dépôt du formulaire 4, signé par Mardi Dier en tant que mandataire le 24 juin 2025.

Kenneth Bate, Direktor bei Madrigal Pharmaceuticals (MDGL), meldete am 20. Juni 2025 zwei bedeutende Aktiengeschäfte:

  • Er erhielt 715 Restricted Stock Units (RSUs) zu einem Preis von 0 $, wodurch sein direkter Bestand an Stammaktien auf 2.627 Aktien anstieg
  • Er erhielt Aktienoptionen zum Kauf von 1.290 Aktien zu einem Ausübungspreis von 285,73 $ pro Aktie

Sowohl die RSUs als auch die Aktienoptionen sollen auf der Hauptversammlung 2026 des Unternehmens vesten, vorausgesetzt, Bate bleibt weiterhin als Direktor tätig. Die Aktienoptionen haben eine Laufzeit von zehn Jahren und laufen am 20. Juni 2035 ab. Die Transaktionen wurden über die Formular-4-Meldung gemeldet, die am 24. Juni 2025 von Mardi Dier als Bevollmächtigter unterzeichnet wurde.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
BATE KENNETH

(Last) (First) (Middle)
C/O MADRIGAL PHARMACEUTICALS, INC.
200 BARR HARBOR DRIVE, SUITE 400

(Street)
WEST CONSHOHOCKEN PA 19428

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MADRIGAL PHARMACEUTICALS, INC. [ MDGL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/20/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/20/2025 A(1) 715 A $0 2,627 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $285.73 06/20/2025 A 1,290 (2) 06/20/2035 Common Stock 1,290 $0 1,290 D
Explanation of Responses:
1. Represents a grant of restricted stock units, which vest on the date of the Issuer's annual meeting of stockholders to be held in 2026, provided the Reporting Person continues in service with the Issuer on such date.
2. The option vests as to 100% of underlying shares on the date of the Issuer's annual meeting of stockholders to be held in 2026, provided that the Reporting Person continues to serve as a director of the Issuer until such date.
Remarks:
/s/ Mardi Dier, as Attorney-in-Fact 06/24/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider trading activity occurred at MDGL on June 20, 2025?

Director Kenneth Bate received two equity grants on June 20, 2025: (1) 715 restricted stock units that vest at the 2026 annual stockholder meeting, and (2) stock options to purchase 1,290 shares at an exercise price of $285.73, which also vest at the 2026 annual stockholder meeting.

How many MDGL shares does Kenneth Bate own after the June 2025 transaction?

Following the reported transaction, Kenneth Bate directly owns 2,627 shares of MDGL common stock, plus stock options for 1,290 shares that will vest at the 2026 annual stockholder meeting.

What is the exercise price of MDGL stock options granted to Kenneth Bate in June 2025?

The stock options were granted with an exercise price of $285.73 per share and expire on June 20, 2035.

When do Kenneth Bate's new MDGL equity grants vest?

Both the restricted stock units and stock options granted to Kenneth Bate will vest on the date of Madrigal Pharmaceuticals' annual meeting of stockholders to be held in 2026, contingent on his continued service as a director until that date.
Madrigal Pharmac

NASDAQ:MDGL

MDGL Rankings

MDGL Latest News

MDGL Latest SEC Filings

MDGL Stock Data

6.44B
20.43M
8.74%
105.1%
17%
Biotechnology
Pharmaceutical Preparations
United States
WEST CONSHOHOCKEN