Madrigal Director Gets 715 RSUs, 1,290 Options at $285.73 Strike
Madrigal Pharmaceuticals (MDGL) filed a Form 4 disclosing new equity awards to director Richard S. Levy dated 06/20/2025.
Rhea-AI Filing Summary
Madrigal Pharmaceuticals (MDGL) filed a Form 4 disclosing new equity awards to director Richard S. Levy dated 06/20/2025.
- Levy received 715 restricted stock units (coded “A”) at no cost. The RSUs vest on the date of the 2026 annual meeting, conditional on his continued service.
- He was also granted 1,290 stock options with a $285.73 exercise price and a 06/20/2035 expiration. These options vest 100 % at the 2026 annual meeting, subject to the same service requirement.
Following the transactions, Levy directly owns 21,197 common shares and 1,290 options. No open-market purchases or sales were reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 2,005 shares
Grant/Award
2 txns
Insider
Levy Richard S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 1,290 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 715 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (Right to Buy) — 1,290 contracts (Direct);
Common Stock — 21,197 shares (Direct)
Footnotes (2)
- F1. Represents a grant of restricted stock units, which vest on the date of the Issuer's annual meeting of stockholders to be held in 2026, provided the Reporting Person continues in service with the Issuer on such date.
- F2. The option vests as to 100% of underlying shares on the date of the Issuer's annual meeting of stockholders to be held in 2026, provided that the Reporting Person continues to serve as a director of the Issuer until such date.
FAQ
What are the terms of the stock options granted to Richard S. Levy?
Levy was granted 1,290 options at a $285.73 exercise price; they vest fully at the 2026 annual meeting and expire on 06/20/2035.
AI-generated analysis. How Rhea-AI works. Not financial advice.