Madrigal grants inducement equity awards to 10 new hires, sets option strike at $550.25
MDGL•Option and vesting terms
The options carry a $550.25 exercise price; 25% vests after one year, then 6.25% vests quarterly.
The time-based restricted stock units vest in four equal annual installments, while the performance-based units vest in Q1 2029 if earned.
Inducement awards granted to new hires
Madrigal Pharmaceuticals granted equity inducement awards on July 15, 2026 to 10 new non-executive employees under its 2025 Inducement Plan.
The awards totaled options for 4,770 shares, 7,433 time-based restricted stock units, and 1,908 performance-based restricted stock units.
