Candel Therapeutics grants 70,000 inducement stock options to five new employees

Reuters04-03

Candel <a href="https://laohu8.com/S/LENZ">Therapeutics</a> grants 70,000 inducement stock options to five new employees

Candel Therapeutics compensation committee granted inducement stock options covering 70,000 common shares to five new employees on March 31, 2026.
Options carry exercise price of $4.90 per share.
Vesting schedule sets 25% on first anniversary of each employee start date.
Remaining 75% vests in 36 equal monthly installments.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Candel Therapeutics Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202604021605PRIMZONEFULLFEED9683657) on April 02, 2026, and is solely responsible for the information contained therein.

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