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Madrigal Pharmaceuticals Announces Grants of Inducement Awards under Nasdaq Listing Rule 5635(c)(4)

$MDGLPress releaseJul 6, 2026, 4:05 PM ETRead the release

Madrigal Pharmaceuticals granted inducement equity awards to seven new non-executive employees on July 1, 2026, approved by its independent Compensation Committee under Nasdaq Listing Rule 5635(c)(4). The awards consist of options to purchase 604 shares of common stock and 2,952 time-based restricted stock units, with an exercise price equal to the closing price of $514.39 per share on the grant date.

Key figures

Rsus units
2952
Exercise price
514.39
Options shares
604
New employees count
7

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