Filing Details

Accession Number:
0000950170-25-042726
Form Type:
4
Zero Holdings:
No
Publication Time:
2025-03-20 16:36:03
Reporting Period:
2025-03-18
Filing Date:
2025-03-20
Accepted Time:
2025-03-20 16:36:03
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1841387 Candel Therapeutics Inc. CADL Biological Products, (No Disgnostic Substances) (2836) 522214851
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1909680 Francesca Barone C/O Candel Therapeutics, Inc.
117 Kendrick St., Suite 450
Needham MA 02494
Chief Scientific Officer No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2025-03-18 18,000 $1.55 128,673 No 4 M Direct
Common Stock Disposition 2025-03-18 32,146 $8.76 96,527 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (Right to Buy) Disposition 2025-03-18 18,000 $0.00 18,000 $1.55
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
30,822 2030-12-30 No 4 M Direct
Footnotes
  1. This transaction reported on this Form 4 was effected pursuant to a 10b5-1 trading plan adopted on 11/22/2024.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.345 to $9.00, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 2 herein.
  3. 25% of the shares underlying this option vested and became exercisable on December 30, 2021, with the remainder vesting in thirty-six equal monthly installments thereafter, subject to the Reporting Person's continued service on each such vesting date.