8-K current report · filed Jun 16, 2026

Candel Therapeutics, Inc. (CADL) 8-K Current Report: June 16, 2026

Item 5.02CADL overview

Short answer

Candel Therapeutics, Inc. (CADL) filed an 8-K current report with the SEC on June 16, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers). CFO Charles Schoch continued under a formal employment agreement with $468,600 annual salary.

Candel Therapeutics, Inc. 8-K event analysis

AI summary of each reported item and its exhibits

Item 5.02 · Departure/Election of Directors or Officers

  • CFO Charles Schoch continued under a formal employment agreement with $468,600 annual salary
  • Target annual bonus set at 40% of base salary
  • Termination without cause or for good reason triggers nine months’ salary plus target bonus
  • Time-based equity awards fully accelerate after qualifying termination around a change in control
  • Agreement introduces defined severance and change-in-control obligations for Candel Therapeutics

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