The dollar amounts are immaterial relative to MDGL's size, so no immediate bearish read-through. Monitor the next Form 4 filing for any escalation in insider selling volume or pattern, but this cluster alone does not warrant action.
Price Chart
Executive Summary
Two Madrigal insiders (Director Levy and CMO Soergel) sold a combined $456K in open-market transactions, representing approximately 0.004% of MDGL's $11.8B market cap. The amount is trivial and does not convey material bearish signal, consistent with routine portfolio diversification or tax planning.
Key Financial Metrics
Key Facts
- Director Richard S. Levy sold 40 shares at $506.68 on 2026-05-22 for $20,267.
- Chief Medical Officer David Soergel sold 844 shares at $515.90 on 2026-05-18 for $435,420.
- Total cluster value of $456K is less than 0.1% of MDGL's $11.8B market cap.
- Both sales were open-market transactions, not part of a pre-arranged 10b5-1 plan per available data.
Financial Impact
Two insiders sold shares totaling $456K, representing ~0.004% of market cap.
Risk Factors
- No material risk identified from this filing.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-MDGL-1779487347673 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 12, 2026 7w ago | 8-K | $536.20 $533.12 | ▼ −0.57% | ▲ +1.32% | $496.64 (−7.38%) |
Jul 30, 2026 9w ago | 8-K | $493.11 $543.69 | ▲ +10.26% | ▲ +6.29% | $496.64 (+0.71%) |
May 22, 2026 18w ago | Insider Cluster | $524.28 $520.00 | ▼ −0.82% | ▲ +1.13% | $496.64 (−5.27%) |
May 6, 2026 21w ago | 8-K | $539.73 $488.15 | ▼ −9.56% | ▼ −12.34% | $496.64 (−7.98%) |
Apr 28, 2026 22w ago | 8-K | $518.58 $515.96 | ▼ −0.51% | ▼ −6.55% | $496.64 (−4.23%) |
Apr 22, 2026 23w ago | Press Release | $529.14 $511.82 | ▼ −3.27% | ▼ −6.44% | $496.64 (−6.14%) |
Mar 19, 2026 28w ago | Press Release | $441.16 $527.11 | ▲ +19.48% | ▲ +10.16% | $496.64 (+12.57%) |
Mar 2, 2026 30w ago | Insider Cluster | $435.62 $505.34 | ▲ +16.00% | ▲ +23.94% | $496.64 (+14.01%) |
Mar 2, 2026 30w ago | Insider Cluster | $435.62 $505.34 | ▲ +16.00% | ▲ +23.94% | $496.64 (+14.01%) |
US Market Status
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