Candel Therapeutics (CADL) CTO sells 7,000 shares via 10b5-1 plan
Rhea-AI Filing Summary
Candel Therapeutics, Inc. (CADL) reported that Chief Technology Officer Tyagarajan Seshu sold 7,000 shares of common stock at $12.00 per share on 2026-08-17 in an open-market or private transaction. Following this sale, Seshu directly held 76,865 shares of Candel Therapeutics common stock. The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted on 3/16/2026.
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Insider Trade Summary 10b5-1
Net Seller: 7,000 shares
Net Sell
1 txn
Insider
Tyagarajan Seshu
Role
Chief Technology Officer
Sold
7,000 shs ($84K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 7,000 | $12.00 | $84K |
Holdings After Transaction:
Common Stock — 76,865 shares (Direct)
Footnotes (1)
- F1. This transaction reported on this Form 4 was effected pursuant to a 10b5-1 trading plan adopted on 3/16/2026.
Key Figures
Shares sold: 7,000 shares
Sale price per share: $12.00 per share
Shares held after transaction: 76,865 shares
+1 more
4 metrics
Shares sold
7,000 shares
Common stock sale reported by CTO Tyagarajan Seshu on 2026-08-17
Sale price per share
$12.00 per share
Price for the 7,000 CADL common shares sold on 2026-08-17
Shares held after transaction
76,865 shares
Direct holdings of CADL common stock by Tyagarajan Seshu after the sale
10b5-1 plan adoption date
3/16/2026
Adoption date of the Rule 10b5-1 trading plan governing the reported sale
Key Terms
Rule 10b5-1 trading plan, open market or private transaction, Form 4
3 terms
Rule 10b5-1 trading plan regulatory
"transaction was effected pursuant to a 10b5-1 trading plan adopted on 3/16/2026"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
Form 4 regulatory
"This transaction reported on this Form 4 was effected pursuant to a 10b5-1"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did CADL report for Tyagarajan Seshu?
Candel Therapeutics reported that CTO Tyagarajan Seshu sold 7,000 shares of CADL common stock. The shares were sold at $12.00 per share in an open-market or private transaction on 2026-08-17.
Was Tyagarajan Seshu’s CADL stock sale under a Rule 10b5-1 plan?
Yes, the 7,000-share sale by Tyagarajan Seshu was effected pursuant to a Rule 10b5-1 trading plan. The footnote states the plan was adopted on 3/16/2026, indicating the trades followed that pre-arranged instruction.
What role does Tyagarajan Seshu hold at Candel Therapeutics (CADL)?
Tyagarajan Seshu is the Chief Technology Officer of Candel Therapeutics, Inc. His Form 4 filing reports a personal transaction in CADL common stock, specifically a 7,000-share sale executed on 2026-08-17.
AI-generated analysis. How Rhea-AI works. Not financial advice.