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sellWeak cluster of 410b5-1 plan

Paul A Friedman sold $14M of MDGL

director at MADRIGAL PHARMACEUTICALS, INC.. 24,800 shares at an average of $552.18, traded Dec 10, 2025, filed Dec 12, 2025.

Warning score
25
Value
$14M
24,800 shares
Holdings after
187,164
-12% from before
From 52-week low
+106%
low $267.56, close $552.47
From 52-week high
-8%
high $601.03, as of Dec 10, 2025

Score components

  • Role
    Director
    +15
  • Trade size
    $13.7M at market
    +25
  • Share of holdings sold
    Sold 12% of holdings
    +5
  • Cluster
    4 insiders selling within 14 days
    +15
  • Exercise and sell
    Shares came from an option exercise in the same filing
    -15
  • 10b5-1 plan
    Pre-scheduled under a 10b5-1 plan
    -20

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

This signal so far: 1m -10.0%, 3m -22.2%, 6m -15.9%.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

MDGLOct 12, 2026 · close 467.16
Since filing Dec 12, 2025: -18.2%SPY +15.4% · excess -33.6%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001628280-25-056794, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Dec 10, 2025MOption exercise
Common Stock10b5-1
+24,800$15.80$392k211,964Dec 12, 2025
Dec 10, 2025SOpen-market sale
Common Stock10b5-1
-624$547.75$342k211,340Dec 12, 2025
Dec 10, 2025SOpen-market sale
Common Stock10b5-1
-535$548.51$293k210,805Dec 12, 2025
Dec 10, 2025SOpen-market sale
Common Stock10b5-1
-409$549.99$225k210,396Dec 12, 2025
Dec 10, 2025SOpen-market sale
Common Stock10b5-1
-4,316$550.93$2.4M206,080Dec 12, 2025
Dec 10, 2025SOpen-market sale
Common Stock10b5-1
-7,193$551.67$4.0M198,887Dec 12, 2025
Dec 10, 2025SOpen-market sale
Common Stock10b5-1
-5,533$552.74$3.1M193,354Dec 12, 2025
Dec 10, 2025SOpen-market sale
Common Stock10b5-1
-5,001$553.83$2.8M188,353Dec 12, 2025
Dec 10, 2025SOpen-market sale
Common Stock10b5-1
-1,029$555.00$571k187,324Dec 12, 2025
Dec 10, 2025SOpen-market sale
Common Stock10b5-1
-160$555.39$89k187,164Dec 12, 2025
Dec 10, 2025MOption exercise
Stock Option (Right to Buy)derivative10b5-1
-24,800$0.00$024,800Dec 12, 2025

Related signals

Other insiders at MADRIGAL PHARMACEUTICALS, INC. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
30Weak
MDGLsell10b5-1
MADRIGAL PHARMACEUTICALS, INC.
William John Sibold
President and CEO
$6.2M
11,583 shares
-6%
30Weak
MDGLsell
MADRIGAL PHARMACEUTICALS, INC.
Shannon T Kelley
General Counsel
$342k
664 shares
-5%
35Weak
MDGLsell
MADRIGAL PHARMACEUTICALS, INC.
William John Sibold
President and CEO
$1.4M
2,500 shares
-1%
21Weak
MDGLsell 210b5-1
MADRIGAL PHARMACEUTICALS, INC.
David Soergel
Chief Medical Officer
$517k
1,042 shares
-9%
33Weak
MDGLsell 210b5-1
MADRIGAL PHARMACEUTICALS, INC.
Richard S Levy
director
$2.9M
5,682 shares
-21%
40Moderate
MDGLsell 2
MADRIGAL PHARMACEUTICALS, INC.
David Soergel
Chief Medical Officer
$435k
844 shares
-7%
45Moderate
MDGLsell 510b5-1
MADRIGAL PHARMACEUTICALS, INC.
Mardi Dier
EVP and CFO
$854k
1,982 shares
-14%
42Moderate
MDGLsell 5
MADRIGAL PHARMACEUTICALS, INC.
Carole Huntsman
Chief Commercial Officer
$181k
419 shares
-3%
41Moderate
MDGLsell 5
MADRIGAL PHARMACEUTICALS, INC.
Shannon T Kelley
General Counsel
$155k
360 shares
-3%
42Moderate
MDGLsell 5
MADRIGAL PHARMACEUTICALS, INC.
Rebecca Taub
Pres., R&D, and CMO
$212k
491 shares
-0%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Paul A Friedman sold $14M of MDGL | InsiderTell