4//SEC Filing
Taub Rebecca 4
Accession 0001628280-26-003452
CIK 0001157601other
Filed
Jan 25, 7:00 PM ET
Accepted
Jan 26, 5:05 PM ET
Size
6.1 KB
Accession
0001628280-26-003452
Research Summary
AI-generated summary of this filing
Madrigal (MDGL) Director Rebecca Taub Sells 647 Shares
What Happened
- Rebecca Taub, a director of Madrigal Pharmaceuticals (MDGL), had 647 shares sold on 2026-01-26 at $492.42 per share, generating $318,596. The sale was executed to cover tax withholding obligations in connection with the vesting of restricted stock units (RSUs).
Key Details
- Transaction date and price: 2026-01-26, 647 shares at $492.42 each.
- Total proceeds: $318,596 (gross).
- Shares owned after the transaction: Not specified in the filing.
- Footnotes: The sale was automatic and executed by the issuer on behalf of the reporting person to satisfy tax withholding (sell-to-cover). The reporting person and her spouse are managing members of SQN, LLC; she disclaims beneficial ownership of securities held by SQN except to the extent of any pecuniary interest.
- Filing timeliness: Reported on 2026-01-26 (same day as the transaction), indicating a timely Form 4 filing.
Context
- This was a routine sell-to-cover tied to RSU vesting rather than an opportunistic open-market trade; such automatic sales are commonly used solely to satisfy tax withholding and do not necessarily signal the insider’s view on the company.
Insider Transaction Report
Form 4
Taub Rebecca
Director
Transactions
- Sale
Common Stock
[F1]2026-01-26$492.42/sh−647$318,596→ 452,704 total
Holdings
- 655,540(indirect: By LLC)
Common Stock
[F2]
Footnotes (2)
- [F1]This sale represents the number of shares sold by the Issuer on behalf of the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. This sale was automatic and not at the discretion of the Reporting Person.
- [F2]The Reporting Person and her spouse are each managing members of SQN, LLC. The Reporting Person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein, if any, and the inclusion of these shares in this report shall not be deemed an admission of the beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
Signature
/s/ Mardi Dier, as Attorney-in-Fact|2026-01-26
Documents
Issuer
MADRIGAL PHARMACEUTICALS, INC.
CIK 0001157601
Entity typeother
Related Parties
1- filerCIK 0001423898
Filing Metadata
- Form type
- 4
- Filed
- Jan 25, 7:00 PM ET
- Accepted
- Jan 26, 5:05 PM ET
- Size
- 6.1 KB