CADL Candel Therapeutics, Inc.

NASDAQ
$10.85

Candel Therapeutics, Inc. (CADL) Insider Activity

What the officers, directors and large holders did with their own shares. Only open-market purchases and sales count toward the totals — grants, option exercises and shares withheld for tax are compensation mechanics, not decisions, and they're listed separately below.

Insider signal In line Selling ran in line with CADL's own trailing one-year pace, with 100% of sale value under a prearranged plan.
Cluster activity 0 buyers in the last 30 days 0 buyers in the last 90 days 3 sellers in the last 90 days
Insiders buying
1
1 transaction
Insiders selling
3
5 transactions
Purchases
$3.0M
550,458 shares
Sales
$3.6M
317,692 shares
Net activity
-$550.7K
purchases less sales

How much of that selling was preplanned? 100% planned / 0% discretionary

10b5-1 plan sales $3.6M 5 transactions · 317,692 shares
Discretionary sales $0 0 transactions · 0 shares

Largest single sale: $2.5M.

Where they traded

Buy Sell Dot area is proportional to transaction value.

Last open-market purchase: February 23, 2026 , by Manning Paul B .

Recent open-market activity

Date Insider Role Action Shares Price Value Held after
Tak Paul Peter Chief Executive Officer Sell 10b5-1 59,379 $10.46 $620.9K 113,321 −34.4% of holding
Tak Paul Peter Chief Executive Officer Sell 10b5-1 220,866 $11.50 $2.5M 172,700 −56.1% of holding
Tyagarajan Seshu Chief Technology Officer Sell 10b5-1 7,000 $12.00 $84.0K 76,865 −8.3% of holding
Barone Francesca Chief Scientific Officer Sell 10b5-1 23,447 $10.06 $235.8K 77,362 −23.3% of holding
Tyagarajan Seshu Chief Technology Officer Sell 10b5-1 7,000 $10.02 $70.2K 83,865 −7.7% of holding
Manning Paul B Director Buy 550,458 $5.45 $3.0M 2,763,527

Form 4s are due within two business days of a transaction, so this is close to real time — unlike the quarterly 13F data on the Institutional tab. A single large sale often reflects a prearranged 10b5-1 plan rather than a fresh view, so read a pattern of sales rather than any one of them.