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Friedman Paul A's Form 4 filing

Madrigal Pharmaceuticals, Inc. (MDGL) · filed Jan 13, 2026

Accession no.
0001628280-26-001976
Filed
Jan 13, 2026
Trade date
Jan 9, 2026
Filing delay
4 days
Rule 10b5-1 plan
Checked

This filing lists 29 non-derivative transactions and 1 derivative transaction. Open-market sales total $12.8M. It was filed 4 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Friedman Paul ACIK 0001236927Director

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Jan 9, 2026Common StockMOption exerciseAcquired+24,520$15.80+$387,416211,684Direct
Jan 9, 2026Common StockSSaleDisposed−1,480$511.98F2−$757,730.4210,204Direct
Jan 9, 2026Common StockSSaleDisposed−1,094$513.11F3−$561,342.34209,110Direct
Jan 9, 2026Common StockSSaleDisposed−1,345$514.68F4−$692,244.6207,765Direct
Jan 9, 2026Common StockSSaleDisposed−1,996$515.81F5−$1,029,556.76205,769Direct
Jan 9, 2026Common StockSSaleDisposed−766$516.84F6−$395,899.44205,003Direct
Jan 9, 2026Common StockSSaleDisposed−2,450$517.86F7−$1,268,757202,553Direct
Jan 9, 2026Common StockSSaleDisposed−1,363$518.68F8−$706,960.84201,190Direct
Jan 9, 2026Common StockSSaleDisposed−846$519.88F9−$439,818.48200,344Direct
Jan 9, 2026Common StockSSaleDisposed−681$521.03F10−$354,821.43199,663Direct
Jan 9, 2026Common StockSSaleDisposed−840$521.98F11−$438,463.2198,823Direct
Jan 9, 2026Common StockSSaleDisposed−970$523.00F12−$507,310197,853Direct
Jan 9, 2026Common StockSSaleDisposed−1,199$524.10F13−$628,395.9196,654Direct
Jan 9, 2026Common StockSSaleDisposed−2,432$525.05F14−$1,276,921.6194,222Direct
Jan 9, 2026Common StockSSaleDisposed−1,066$526.00F15−$560,716193,156Direct
Jan 9, 2026Common StockSSaleDisposed−1,560$526.97F16−$822,073.2191,596Direct
Jan 9, 2026Common StockSSaleDisposed−575$528.18F17−$303,703.5191,021Direct
Jan 9, 2026Common StockSSaleDisposed−691$529.17F18−$365,656.47190,330Direct
Jan 9, 2026Common StockSSaleDisposed−166$529.76F19−$87,940.16190,164Direct
Jan 9, 2026Common StockSSaleDisposed−280$530.69F20−$148,593.2189,884Direct
Jan 9, 2026Common StockSSaleDisposed−80$532.50−$42,600189,804Direct
Jan 9, 2026Common StockSSaleDisposed−332$534.16F21−$177,341.12189,472Direct
Jan 9, 2026Common StockSSaleDisposed−148$535.29F22−$79,222.92189,324Direct
Jan 9, 2026Common StockSSaleDisposed−473$536.02F23−$253,537.46188,851Direct
Jan 9, 2026Common StockSSaleDisposed−487$536.88F24−$261,460.56188,364Direct
Jan 9, 2026Common StockSSaleDisposed−80$537.85F25−$43,028188,284Direct
Jan 9, 2026Common StockSSaleDisposed−480$539.23F26−$258,830.4187,804Direct
Jan 9, 2026Common StockSSaleDisposed−600$540.36F27−$324,216187,204Direct
Jan 9, 2026Common StockSSaleDisposed−40$545.79−$21,831.6187,164Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Jan 9, 2026Common StockMOption exerciseDisposed−24,520$0.00$0280Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $511.71 to $512.51, 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.

Referenced by the price of 1 transaction in Table I.

F3

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $512.77 to $513.60, inclusive.

Referenced by the price of 1 transaction in Table I.

F4

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $514.28 to $515.22, inclusive.

Referenced by the price of 1 transaction in Table I.

F5

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $515.29 to $516.21, inclusive.

Referenced by the price of 1 transaction in Table I.

F6

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $516.34 to $517.28, inclusive.

Referenced by the price of 1 transaction in Table I.

F7

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $517.36 to $518.35, inclusive.

Referenced by the price of 1 transaction in Table I.

F8

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $518.38 to $519.37, inclusive.

Referenced by the price of 1 transaction in Table I.

F9

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $519.45 to $520.42, inclusive.

Referenced by the price of 1 transaction in Table I.

F10

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $520.48 to $521.45, inclusive.

Referenced by the price of 1 transaction in Table I.

F11

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $521.49 to $522.40, inclusive.

Referenced by the price of 1 transaction in Table I.

F12

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $522.49 to $523.46, inclusive.

Referenced by the price of 1 transaction in Table I.

F13

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $523.51 to $524.48, inclusive.

Referenced by the price of 1 transaction in Table I.

F14

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $524.51 to $525.49, inclusive.

Referenced by the price of 1 transaction in Table I.

F15

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $525.55 to $526.50, inclusive.

Referenced by the price of 1 transaction in Table I.

F16

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $526.56 to $527.51, inclusive.

Referenced by the price of 1 transaction in Table I.

F17

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $527.56 to $528.53, inclusive.

Referenced by the price of 1 transaction in Table I.

F18

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $528.56 to $529.52, inclusive.

Referenced by the price of 1 transaction in Table I.

F19

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $529.56 to $530.12, inclusive.

Referenced by the price of 1 transaction in Table I.

F20

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $530.63 to $531.03, inclusive.

Referenced by the price of 1 transaction in Table I.

F21

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $533.60 to $534.54, inclusive.

Referenced by the price of 1 transaction in Table I.

F22

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $534.60 to $535.57, inclusive.

Referenced by the price of 1 transaction in Table I.

F23

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $535.62 to $536.57, inclusive.

Referenced by the price of 1 transaction in Table I.

F24

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $536.64 to $537.11, inclusive.

Referenced by the price of 1 transaction in Table I.

F25

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $537.83 to $537.86, inclusive.

Referenced by the price of 1 transaction in Table I.

F26

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $539.00 to $539.42, inclusive.

Referenced by the price of 1 transaction in Table I.

F27

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $540.25 to $540.38, inclusive.

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)