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Madrigal Pharmaceuticals, Inc. planned insider sales

In the last twelve months insiders at Madrigal Pharmaceuticals, Inc. filed 30 Form 144 notices of planned sales, 203,919 shares worth $108.3 million at the time of filing, from 18 sellers. The latest, filed 28 September 2026: Paul Friedman (director), 50,000 shares worth $25.8 million, planned for around 28 September 2026 through Morgan Stanley Smith Barney LLC Executive Financial Services.

FiledSellerRelationshipSharesValuePlanned saleSold, per Form 4BrokerHow acquiredFiling
28 September 2026Paul FriedmanDirector50,000$25.8 million28 September 2026None on Form 4 yetMorgan Stanley Smith Barney LLC Executive Financial ServicesExercise of Stock OptionsForm 144
11 September 2026William SiboldDirector, Officer5,221$2.8 million11 September 20265,221 shares from 11 September 2026Morgan Stanley Smith Barney LLC Executive Financial ServicesRestricted Stock UnitsForm 144
9 September 2026William John SiboldOfficer and Director6,362$3.4 million9 September 20266,362 shares from 9 September 2026Morgan Stanley Smith Barney LLC Executive Financial ServicesRestricted Stock Unit GrantForm 144
20 August 2026Shannon KelleyOfficer664$337,02017 August 2026None on Form 4 yetMorgan Stanley Smith Barney LLC Executive Financial ServicesRestricted Stock Unit GrantForm 144
20 July 2026William SiboldOfficer and Director2,500$1.4 million20 July 20262,500 shares from 20 July 2026Morgan Stanley Smith Barney LLC Executive Financial ServicesPerformance Restricted Stock Unit GrantForm 144
1 June 2026David SoergelOfficer1,042$518,1551 June 20261,042 shares from 1 June 2026Morgan Stanley Smith Barney LLC Executive Financial ServicesRestricted Stock UnitsForm 144
22 May 2026Richard LevyDirector5,682$2.9 million22 May 20265,682 shares from 22 May 2026Morgan Stanley Smith Barney LLC Executive Financial ServicesPreviously Exercised Stock OptionsForm 144
18 May 2026David SoergelOfficer844$441,99418 May 2026844 shares from 18 May 2026Morgan Stanley Smith Barney LLC Executive Financial ServicesRestricted Stock Unit GrantForm 144
6 March 2026Shannon KelleyOfficer360$158,1626 March 2026360 shares from 6 March 2026Morgan Stanley Smith Barney LLC Executive Financial ServicesRestricted Stock Unit GrantForm 144
6 March 2026Carole HuntsmanOfficer419$184,0836 March 2026419 shares from 6 March 2026Morgan Stanley Smith Barney LLC Executive Financial ServicesRestricted Stock Unit GrantForm 144
6 March 2026Rebecca TaubDirector491$215,7166 March 2026491 shares from 6 March 2026Morgan Stanley Smith Barney LLC Executive Financial ServicesRestricted Stock Unit GrantForm 144
6 March 2026Mardi DierOfficer646$283,8146 March 2026No matching Form 4 saleMorgan Stanley Smith Barney LLC Executive Financial ServicesRestricted Stock Unit GrantForm 144
6 March 2026Mardi DierOfficer1,336$586,9586 March 20261,982 shares from 6 March 2026Morgan Stanley Smith Barney LLC Executive Financial ServicesRestricted Stock UnitsForm 144
6 March 2026William SiboldOfficer and Director1,663$730,6226 March 20261,663 shares from 6 March 2026Morgan Stanley Smith Barney LLC Executive Financial ServicesRestricted Stock Unit GrantForm 144
2 March 2026Mardi DierOfficer1,183$511,0562 March 20261,183 shares from 2 March 2026Morgan Stanley Smith Barney LLC Executive Financial ServicesRestricted Stock Unit GrantForm 144
26 January 2026Carole HuntsmanOfficer340$163,35326 January 2026No matching Form 4 saleMorgan Stanley Smith Barney LLC Executive Financial ServicesRestricted Stock Unit GrantForm 144
26 January 2026Carole A HuntsmanOfficer570$273,85626 January 2026910 shares from 26 January 2026Morgan Stanley Smith Barney LLC Executive Financial ServicesRestricted Stock UnitsForm 144
26 January 2026Rebecca TaubDirector647$310,85126 January 2026647 shares from 26 January 2026Morgan Stanley Smith Barney LLC Executive Financial ServicesRestricted Stock Unit GrantForm 144
26 January 2026William SiboldOfficer and Director1,577$757,67026 January 20261,577 shares from 26 January 2026Morgan Stanley Smith Barney LLC Executive Financial ServicesRestricted Stock Unit GrantForm 144
20 January 2026Shannon KelleyOfficer263$131,94220 January 2026No matching Form 4 saleMorgan Stanley Smith Barney LLC Executive Financial ServicesRestricted Stock Unit GrantForm 144
20 January 2026Shannon KelleyOfficer429$215,22120 January 2026692 shares from 20 January 2026Morgan Stanley Smith Barney LLC Executive Financial ServicesRestricted Stock UnitsForm 144
20 January 2026Rebecca TaubDirector2,238$1.1 million20 January 20262,238 shares from 20 January 2026Morgan Stanley Smith Barney LLC Executive Financial ServicesRestricted Stock Unit GrantForm 144
9 January 2026Rebecca A TaubDirector18,650$10.4 million9 January 202618,650 shares from 9 January 2026Morgan Stanley Smith Barney LLC Executive Financial ServicesExercise of Stock OptionsForm 144
10 December 2025Rebecca A TaubDirector18,650$10.3 million10 December 202518,650 shares from 10 December 2025Morgan Stanley Smith Barney LLC Executive Financial ServicesExercise of Stock OptionsForm 144
10 December 2025Paul FriedmanDirector49,600$27.5 million10 December 202549,600 shares from 10 December 2025Morgan Stanley Smith Barney LLC Executive Financial ServicesExercise of Stock OptionsForm 144
4 December 2025William John SiboldOfficer and Director2,400$1.4 million4 December 20252,400 shares from 4 December 2025Morgan Stanley Smith Barney LLC Executive Financial ServicesPerformance Restricted Stock Unit GrantForm 144
2 December 2025Mardi C DierOfficer4,173$2.4 million2 December 20254,173 shares from 2 December 2025Morgan Stanley Smith Barney LLC Executive Financial ServicesExercise of Stock OptionsForm 144
21 November 2025Carole HuntsmanOfficer894$484,65521 November 20251,958 shares from 21 November 2025Morgan Stanley Smith Barney LLC Executive Financial ServicesRestricted Stock Unit GrantForm 144
13 November 2025Richard S LevyDirector8,500$4.5 million13 November 20258,500 shares from 13 November 2025Morgan Stanley Smith Barney LLC Executive Financial ServicesExercise of Stock OptionsForm 144
5 November 2025Kenneth M BateDirector16,575$8.0 million5 November 202516,575 shares from 5 November 2025Morgan Stanley Smith Barney LLC Executive Financial ServicesExercise of options under a registered planForm 144
A Form 144 is the notice an insider files with the SEC before selling restricted or control shares over the Rule 144 thresholds; it says what may be sold, not what was.
Read moreValue is the filer's own aggregate market value. Sold, per Form 4: the same seller's open-market sales on Form 4 from the notice's date to 90 days after, added up, as they appear on the insiders page; a holder who files no Form 4, such as some large holders, never shows one. What is a Form 144?