Insider sale notice: MDGL (NASDAQ: MDGL) 844 shares via Morgan Stanley

Rhea-AI Filing Summary

MDGL submitted a Rule 144 notice to sell 844 shares of Common Stock following a Restricted Stock Unit Grant that vested on 05/15/2026. The transaction is listed with Morgan Stanley Smith Barney LLC as broker and the filing date shown is 05/18/2026.

Insights

Corporate Governance Analyst

Routine Rule 144 notice for vested RSUs by an issuer insider.

The filing lists the proposed sale of 844 shares of Common Stock tied to a Restricted Stock Unit grant that vested on 05/15/2026. The broker shown is Morgan Stanley Smith Barney LLC.

This is a procedural disclosure of a planned resale under Rule 144; timing, method of sale, and proceeds are not detailed in the provided excerpt.

Key Figures

Shares proposed for resale: 844 shares Filing/entry date: 05/18/2026

2 metrics

Shares proposed for resale 844 shares Restricted Stock Unit grant vested on 05/15/2026

Filing/entry date 05/18/2026 Form 144 entry date shown in excerpt

Key Terms

Restricted Stock Unit, Rule 144, Morgan Stanley Smith Barney LLC

3 terms

Restricted Stock Unit financial

"Restricted Stock Unit Grant | Issuer | 844 | 05/18/2026 | Vesting"

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

Rule 144 regulatory

"Securities To Be Sold | Restricted Stock Unit Grant | Vesting of Restricted Stock Units"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Morgan Stanley Smith Barney LLC financial

"Common Stock | Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza, 8th Floor New York NY 10004	844	441994.36	23055659	05/18/2026	Nasdaq Stock Market

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	05/15/2026	Restricted Stock Unit Grant	Issuer			844	05/18/2026	Vesting of Restricted Stock Units

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does MDGL's Form 144 report?

It reports a proposed resale of 844 shares of Common Stock tied to vested RSUs. The filing includes the vesting date 05/15/2026 and a filing entry dated 05/18/2026, with Morgan Stanley as the listed broker.

Does the Form 144 state who receives the proceeds for MDGL?

The excerpt does not specify proceeds recipients. It lists a proposed sale under Rule 144 and the broker, but it does not state whether proceeds go to the issuer or selling holder in the provided lines.

How many shares and what security type are in the MDGL filing?

The filing lists 844 shares of Common Stock associated with a Restricted Stock Unit grant. The record shows the security type as Common Stock and the quantity as 844 shares in the provided excerpt.

When did the RSUs vest according to the MDGL excerpt?

The excerpt shows the Restricted Stock Units vested on 05/15/2026. The Form 144 lines list that vesting date alongside the quantity of 844 shares and a filing entry dated 05/18/2026.