Madrigal Pharmaceuticals grants inducement equity awards to 20 new employees

Reuters03-06
Madrigal Pharmaceuticals grants inducement equity awards to 20 new employees

Madrigal Pharmaceuticals granted equity inducement awards to 20 new non-executive employees under its 2025 Inducement Plan. The grants included options to purchase 789 shares at an exercise price of $432.00 per share and 6,882 time-based restricted stock units. The options vest 25% after one year and then 6.25% quarterly thereafter, while the restricted stock units vest in four equal annual installments over four years, subject to continued employment.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Madrigal Pharmaceuticals Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603051605PRIMZONEFULLFEED9666793) on March 05, 2026, and is solely responsible for the information contained therein.

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