Candel Therapeutics, Inc.·4

Jan 28, 5:02 PM ET

Schoch Charles 4

4 · Candel Therapeutics, Inc. · Filed Jan 28, 2026

Research Summary

AI-generated summary of this filing

Updated

Candel (CADL) CFO Charles Schoch Receives 232,000-Share Award

What Happened

  • Charles Schoch, Chief Financial Officer of Candel Therapeutics (CADL), received a derivative award on January 26, 2026 to acquire 232,000 shares. The Form 4 lists the acquisition price as $0.00 (derivative award/option), indicating a compensation grant rather than an open-market purchase or sale.

Key Details

  • Transaction date: 2026-01-26; Form 4 filed: 2026-01-28 (appears timely).
  • Transaction type: Award/Grant (derivative). Amount: 232,000 underlying shares; price reported $0.00.
  • Shares owned following the transaction: not specified in the provided filing.
  • Footnote: the option is subject to time-based vesting — vests and becomes exercisable in 48 equal monthly installments beginning January 26, 2026, contingent on continued service.

Context

  • This was a compensation award (an option-style derivative), not a cash purchase or sale. The award vests over four years, so only a portion will become exercisable each month if Schoch remains employed. Such grants are common executive compensation and do not represent an immediate market buy signal.

Insider Transaction Report

Form 4
Period: 2026-01-26
Schoch Charles
Chief Financial Officer
Transactions
  • Award

    Stock Option (Right to Buy)

    [F1]
    2026-01-26+232,000232,000 total
    Exercise: $6.01Exp: 2036-01-26Common Stock (232,000 underlying)
Footnotes (1)
  • [F1]This option is subject to time-based vesting. The shares underlying this option shall vest and become exercisable in forty-eight (48) equal monthly installments following January 26, 2026, subject to the Reporting Person's continued service on each vesting date.
Signature
/s/ Charles Schoch|2026-01-28

Documents

1 file
  • 4
    ownership.xmlPrimary

    4