Baker Bros. Advisors LP, a director at Madrigal Pharmaceuticals, Inc., purchases $35M of stock

Insider buying at Madrigal Pharmaceuticals, Inc.: Baker Bros. Advisors LP, a director, added 91,806 shares between Nov 4 and Nov 6 for $35 million, at an average of $381.49 a share, a Form 4 filed on Nov 6 shows.

The purchase was made in the open market, not through an award, an option exercise or a plan. After the trade, the filing lists 2,040,682 shares held.

The trade was reported within two business days, as Section 16 requires.

Figures come from the Form 4 filed with the SEC; the table lists the open-market rows this article covers.

The purchase

Company	Madrigal Pharmaceuticals, Inc. (MDGL)
Insider	Baker Bros. Advisors LP
Role	Director
Transaction	Open-market purchase (code P)
Shares	91,806
Average price	$381.49
Value	$35,023,032
Trade dates	Nov 4 to Nov 6, 2026
Filed with the SEC	Nov 6, 2026, 5:30 PM ET
Shares held after	2,040,682
Ownership	Indirect
Rule 10b5-1 plan	Not marked in the filing

View this Form 4 in Insider Stock Trader

View the Form 4 on SEC.gov

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Source: SEC Form 4. Information only, not investment advice. Not affiliated with or endorsed by the U.S. Securities and Exchange Commission.