MADRIGAL PHARMACEUTICALS INC
For the period ended Dec 31, 2023. Filed Feb 28, 2024.
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FY2023 · Filed Feb 28, 2024
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Item 9B. Other Information
Director and Executive Officer Adoption of 10b5-1 Plans
Our Section 16 officers and directors may enter into plans or arrangements for the purchase or sale of our securities that are intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) of the Exchange Act. Such plans and arrangements must comply in all respects with our insider trading policies, including our policy governing entry into and operation of 10b5-1 plans and arrangements.
During the quarter ended December 31, 2023: the following Section 16 officers and directors adopted Rule 10b5-1 trading arrangements (as defined in Item 408 of Regulation S-K of the Exchange Act); and no plans were modified orterminated. All plans adopted covered sales of Madrigal common stock (including sales of Madrigal common stock following exercise of stock options).
| Name of Director or Section 16 Officer | Title of Director or Section 16 Officer | Date of Adoption, Modification, or Termination | Duration of the Plan | Aggregate Number of Shares of Common Stock that may be Sold under the Plan |
|---|---|---|---|---|
| Becky Taub, MD | President of R&D, CMO and Director | 11/27/2023 | April 3, 2025 | 76,564 |
| Kenneth Bate | Director | 11/16/2023 | June 27, 2024 | 32,489 |
| James Daly | Director | 11/16/2023 | June 27, 2024 | 32,489 |
| Paul Friedman, MD | Director | 11/27/2023 | April 3, 2025 | 100,000 |
| Richard Levy, MD | Director | 11/30/2023 | June 16, 2025 | 26,000 |
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