Paul B. Manning - 23 Feb 2026 Form 4 Insider Report for Candel Therapeutics, Inc. (CADL)

Reporting relationship: Director
Issuer ticker: CADL
Reported as of: 23 Feb 2026
Net transaction value: +$2,999,996
SEC form: 4
Accepted by SEC: 26 Feb 2026, 19:38:59 UTC
Prior SEC filing: 12 Feb 2026
Next SEC filing: 02 Apr 2026
Source filing: View source filing
Reporting owner signature: /s/ Charles Schoch, as Attorney-In-Fact for Paul B. Manning

Key filing fact

Paul B. Manning filed Form 4 for Candel Therapeutics, Inc. (CADL) on 26 Feb 2026.

Key facts

This page summarizes Paul B. Manning's Form 4 filing for Candel Therapeutics, Inc. (CADL).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 26 Feb 2026, 19:38.

Change

Previous filing in this sequence was filed on 12 Feb 2026.
Current net transaction value: +$2,999,996.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001494695 Primary reporting owner

Manning Paul B

Relationship: Director
Address: C/O CANDEL THERAPEUTICS, INC., 117 KENDRICK ST., SUITE 450, NEEDHAM
Signature: /s/ Charles Schoch, as Attorney-In-Fact for Paul B. Manning
Signature date: 26 Feb 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CADL transaction

Common Stock

Purchase

Transaction value: $2,999,996
Shares: +550,458
Change %: +25%
Price: $5.45
Shares after: 2,763,527
Date: 23 Feb 2026
Ownership: By Paul B. Manning Revocable Trust
Footnotes: F1

CADL holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,303,752
Date: 23 Feb 2026
Ownership: By BKB Growth Investments, LLC
Footnotes: F2

CADL holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,681,000
Date: 23 Feb 2026
Ownership: Direct
Footnotes: F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

The shares are held by The Paul B. Manning Revocable Trust dated May 10, 2000 (the "Trust"). The Reporting Person is the trustee of the Trust and has sole voting and investment power with respect to the shares held by the Trust. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

Footnote F2

The shares are held directly by BKB Growth Investments, LLC ("BKB"). The Reporting Person is a co-manager of Tiger Lily Capital, LLC, the manager of BKB, and has shared voting and investment power with respect to the shares held by BKB. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

Footnote F3

Includes shares held jointly with spouse.