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sellWeak10b5-1 plan

Paul Peter Tak sold $3.2M of CADL

Chief Executive Officer at Candel Therapeutics, Inc.. 280,245 shares at an average of $11.28, traded Sep 10, 2026, filed Sep 11, 2026.

Warning score
35
Value
$3.2M
280,245 shares
Holdings after
113,321
-71% from before
From 52-week low
+156%
low $4.42, close $11.33
From 52-week high
-18%
high $13.75, as of Sep 10, 2026

Score components

  • Role
    CEO
    +25
  • Trade size
    $3.2M at market
    +25
  • Share of holdings sold
    Sold 71% of holdings
    +20
  • Cluster
    No other insider selling within 14 days
    0
  • Exercise and sell
    Shares came from an option exercise in the same filing
    -15
  • 10b5-1 plan
    Pre-scheduled under a 10b5-1 plan
    -20

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

CADLOct 9, 2026 · close 9.94
Since filing Sep 11, 2026: -5.7%SPY +2.1% · excess -7.9%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001873905-26-000002, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Sep 10, 2026MOption exercise
Common Stock10b5-1
+125,000$1.55$194k393,56631 d ago
Sep 10, 2026SOpen-market sale
Common Stock10b5-1
-220,866$11.50$2.5M172,70031 d ago
Sep 11, 2026SOpen-market sale
Common Stock10b5-1
-59,379$10.46$621k113,32131 d ago
Sep 10, 2026MOption exercise
Stock Option (Right to Buy)derivative10b5-1
-125,000$0.00$01,638,96831 d ago

Related signals

Other insiders at Candel Therapeutics, Inc. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
0Weak
CADLsell10b5-1
Candel Therapeutics, Inc.
William Garrett Nichols
Chief Medical Officer
$6,540
937 shares
-2%
0Weak
CADLsell10b5-1
Candel Therapeutics, Inc.
William Garrett Nichols
Chief Medical Officer
$3,936
781 shares
-1%
14Weak
CADLsell 510b5-1
Candel Therapeutics, Inc.
Francesca Barone
Chief Scientific Officer
$282k
32,146 shares
-25%
38Weak
CADLsell 510b5-1
Candel Therapeutics, Inc.
Paul Peter Tak
Chief Executive Officer
$230k
26,172 shares
-10%
21Weak
CADLsell 510b5-1
Candel Therapeutics, Inc.
William Garrett Nichols
Chief Medical Officer
$397k
45,316 shares
-46%
21Weak
CADLsell 510b5-1
Candel Therapeutics, Inc.
Charles Schoch
See Remarks
$44k
5,000 shares
-12%
19Weak
CADLsell 510b5-1
Candel Therapeutics, Inc.
Seshu Tyagarajan
Chief Technology Officer
$276k
31,278 shares
-27%
45Moderate
CADLsell 5
Candel Therapeutics, Inc.
Francesca Barone
Chief Scientific Officer
$98k
13,534 shares
-11%
43Moderate
CADLsell 5
Candel Therapeutics, Inc.
William Garrett Nichols
Chief Medical Officer
$75k
10,428 shares
-12%
51Moderate
CADLsell 5
Candel Therapeutics, Inc.
Paul Peter Tak
Chief Executive Officer
$157k
21,704 shares
-8%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Paul Peter Tak sold $3.2M of CADL | InsiderTell