SEC Form 4
Madrigal Pharmaceuticals, Inc. (MDGL) insider trading
In the 12 months to Oct 23, 2026, 9 MDGL insiders reported open-market sales of $72.3M across 18 filings; no open-market purchases were filed.
Latest filing · Last 12 months · Source: SEC EDGAR · How we count
- Open-market sales
- $72.3M
- 18 filings · 9 insiders
- Open-market purchases
- $0
- 0 filings
- Pre-arranged sales (10b5-1)
- 15 of 18
- $61.5M of $72.3M sold (85%)
Who traded MDGL, and when
- Sale
- Sale, pre-arranged (10b5-1)
MDGL daily close from Oct 23, 2025 to Oct 23, 2026, between $412.35 and $602.83, last $434.24. 18 sale and 0 purchase filings by 9 insiders, marked at their filing dates. Paul A. Friedman, Director: sold $26.7M across 3 filings, first filed Dec 12, 2025, last Jan 13, 2026. Rebecca Taub, Director: sold $20.0M across 3 filings, first filed Dec 12, 2025, last Jan 13, 2026. Kenneth Bate, Director: sold $8.0M across 1 filing, first filed Nov 7, 2025, last Nov 7, 2025. Richard S. Levy, Director: sold $7.4M across 2 filings, first filed Nov 14, 2025, last May 22, 2026. William John Sibold, President and CEO: sold $5.6M across 3 filings, first filed Dec 4, 2025, last Sep 11, 2026. Mardi Dier, EVP and CFO: sold $3.0M across 2 filings, first filed Dec 3, 2025, last Mar 6, 2026. 3 others: sold $1.6M across 4 filings, first filed Nov 21, 2025, last Jun 1, 2026.
Largest mark · tap a row for others
Paul A. Friedman · Director
Sale $13,694,158
24,800 shares at $552.18 avg
Filed Dec 12, 2025 · traded Dec 10
Pre-arranged (10b5-1) · close on filing date $571.44
Paul A. Friedman · Director
Director
$26.7M soldRebecca Taub · Director
Director
$20.0M soldKenneth Bate · Director
Director
$8.0M soldRichard S. Levy · Director
Director
$7.4M soldWilliam John Sibold · President and CEO
President and CEO
$5.6M soldMardi Dier · EVP and CFO
EVP and CFO
$3.0M sold3 others
Combined, one mark per week
$1.6M soldHas Madrigal Pharmaceuticals, Inc.'s CEO sold stock?
Yes. William John Sibold (CEO) sold 10,121 shares ($5.6M) between Dec 2025 and Sep 2026, $2.8M of it under a pre-arranged 10b5-1 plan.
Open-market trades
18 filings in the last 12 months| Insider | Role | Sold | Bought | Filings | Pre-arranged (10b5-1) | Last filed |
|---|---|---|---|---|---|---|
| Paul A. Friedman | Director | $26.7M | — | 3 | 100% of sales | |
| Rebecca Taub | Director | $20.0M | — | 3 | 100% of sales | |
| Kenneth Bate | Director | $8.0M | — | 1 | — | |
| Richard S. Levy | Director | $7.4M | — | 2 | 100% of sales | |
| William John Sibold | President and CEO | $5.6M | — | 3 | 51% of sales | |
| Mardi Dier | EVP and CFO | $3.0M | — | 2 | 100% of sales | |
| Carole Huntsman | Chief Commercial Officer | $872.3K | — | 2 | 100% of sales | |
| David Soergel | Chief Medical Officer | $516.6K | — | 1 | 100% of sales | |
| Shannon T. Kelley | General Counsel | $215.1K | — | 1 | 100% of sales |
| Filed | Insider | Type | Shares | Avg price | Value | Held after | Source |
|---|---|---|---|---|---|---|---|
traded | William John Sibold President and CEO | SalePre-arranged (10b5-1) | 5,221 | $542.39 | $2.8M | 201,736 | |
traded | William John Sibold President and CEO | Sale | 2,500 | $547.30 | $1.4M | 209,810 | |
traded | David Soergel Chief Medical Officer | SalePre-arranged (10b5-1) | 1,042 | $495.74 | $516.6K | 10,033 | |
traded | Richard S. Levy Director | SalePre-arranged (10b5-1) | 5,682 | $515.44 | $2.9M | 22,877 | |
traded | Mardi Dier EVP and CFO | SalePre-arranged (10b5-1) | 1,336 | $430.36 | $575.0K | 12,850 | |
traded | Carole Huntsman Chief Commercial Officer | SalePre-arranged (10b5-1) | 570 | $494.59 | $281.9K | 9,122 | |
traded | Shannon T. Kelley General Counsel | SalePre-arranged (10b5-1) | 429 | $501.40 | $215.1K | 8,481 | |
traded | Rebecca Taub Director | SalePre-arranged (10b5-1) | 18,410 | $522.40 | $9.6M | 469,564 | |
traded | Rebecca Taub Director | SalePre-arranged (10b5-1) | 240 | $550.33 | $132.1K | 455,589 | |
traded | Paul A. Friedman Director | SalePre-arranged (10b5-1) | 24,520 | $522.39 | $12.8M | 188,364 | |
traded | Paul A. Friedman Director | SalePre-arranged (10b5-1) | 280 | $551.24 | $154.3K | 187,164 | |
traded | Rebecca Taub Director | SalePre-arranged (10b5-1) | 18,650 | $552.15 | $10.3M | 478,348 | |
traded | Paul A. Friedman Director | SalePre-arranged (10b5-1) | 24,800 | $552.18 | $13.7M | 210,805 | |
traded | William John Sibold President and CEO | Sale | 2,400 | $575.34 | $1.4M | 150,074 | |
traded | Mardi Dier EVP and CFO | SalePre-arranged (10b5-1) | 4,173 | $578.34 | $2.4M | 13,529 | |
traded | Carole Huntsman Chief Commercial Officer | SalePre-arranged (10b5-1) | 1,064 | $554.91 | $590.4K | 10,552 | |
traded | Richard S. Levy Director | SalePre-arranged (10b5-1) | 8,500 | $520.96 | $4.4M | 21,677 | |
traded | Kenneth Bate Director | Sale | 16,575 | $484.30 | $8.0M | 7,061 |
GET /stocks/filings/vX/form-4?tickers=MDGL&filing_date.gte=2025-10-23&sort=filing_date.desc&limit=500{
"status": "OK",
"results": [
{
"tickers": [
"MDGL"
],
"issuer_cik": "0001157601",
"owner_cik": "0001518611",
"accession_number": "0001628280-26-061581",
"form_type": "4",
"filing_date": "2026-09-11",
"period_of_report": "2026-09-09",
"issuer_name": "MADRIGAL PHARMACEUTICALS, INC.",
"issuer_trading_symbol": "MDGL",
"owner_name": "Sibold William John",
"is_director": true,
"is_officer": true,
"is_ten_percent_owner": false,
"is_other": false,
"officer_title": "President and CEO",
"security_type": "non_derivative",
"record_type": "transaction",
"security_title": "Common Stock",
"transaction_timeliness": "O",
"aff_10b5_one": true,
"transaction_date": "2026-09-11",
"transaction_code": "S",
"equity_swap_involved": false,
"transaction_shares": 218,
"transaction_price_per_share": 535.9435,
"transaction_acquired_disposed": "D",
"shares_owned_following_transaction": 202583,
"transaction_value": 116835.68299999999,
"not_subject_to_section_16": false,
"direct_or_indirect": "D",
"footnotes": [
{
"id": "F16",
"description": "These sales were effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 5, 2026."
},
{
"id": "F19",
"description": "The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $535.52 to $536.02, inclusive."
}
]
},
{
"tickers": [
"MDGL"
],
"issuer_cik": "0001157601",
"owner_cik": "0001518611",
"accession_number": "0001628280-26-061581",
"form_type": "4",
"filing_date": "2026-09-11",
"period_of_report": "2026-09-09",
"issuer_name": "MADRIGAL PHARMACEUTICALS, INC.",
"issuer_trading_symbol": "MDGL",
"owner_name": "Sibold William John",
"is_director": true,
"is_officer": true,
"is_ten_percent_owner": false,
"is_other": false,
"officer_title": "President and CEO",
"security_type": "non_derivative",
"record_type": "transaction",
"security_title": "Common Stock",
"transaction_timeliness": "O",
"aff_10b5_one": true,
"transaction_date": "2026-09-11",
"transaction_code": "S",
"equity_swap_involved": false,
"transaction_shares": 368,
"transaction_price_per_share": 541.6423,
"transaction_acquired_disposed": "D",
"shares_owned_following_transaction": 201368,
"transaction_value": 199324.3664,
"not_subject_to_section_16": false,
"direct_or_indirect": "D",
"footnotes": [
{
"id": "F16",
"description": "These sales were effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 5, 2026."
},
{
"id": "F22",
"description": "The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $541.00 to $541.73, inclusive."
}
]
}
]
}
// trimmed to 2 resultsThe response includes every Form 4 record; this page keeps open-market purchases and sales on common stock and removes duplicate joint-filer rows.
Other insider activity (not market trades) · 59 records
- Option exercises16 records
- Tax withholding (sold to cover)28 records
- Grants and awards14 records
- Gifts1 record
Reported on Form 4 but not purchases or sales in the market, so not counted in the totals above.
Build this yourself
This page joins two Massive endpoints: Form 4 filings and daily prices. Ask an agent to watch for new filings:
Using the Massive API (massive.com/docs/llms.txt), check Form 4 filings for MDGL every day with transaction_code=P and tell me when an insider files an open-market purchase, with their role, shares, price and the filing link.
How to read this page
- Open-market purchase or sale
- A buy or sell of the company's stock at market price. Grants, option exercises, shares withheld for tax, gifts and employee stock plan purchases are listed separately and not counted.
- Pre-arranged (10b5-1)
- The insider marked the filing as made under a trading plan set up in advance (SEC Rule 10b5-1). The mark covers the whole filing, and an unmarked filing may still be under a plan.
- Filing date
- Insiders have two business days to report a trade. Totals and the chart use the filing date, when the trade became public.