Ownership Submission

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person * Aguilar-Cordova Estuardo 2. Issuer Name and Ticker or Trading Symbol Candel Therapeutics, Inc. [CADL] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 160 PAULSON RD 3. Date of Earliest Transaction (Month/Day/Year) 10/30/2024 (Street) WABAN, MA 02468 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) ___ Form filed by One Reporting Person _X_ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price CADL 10/30/2024 D 6,000 D $5.38 911,012(1) D CADL 10/30/2024 D 6,000 D $5.38 868,943 I By LKA 2022 Revocable Trust(2) CADL 10/31/2024 D 7,500 D $5.30 903,512 D CADL 10/31/2024 D 7,500 D $5.30 861,443 I By LKA 2022 Revocable Trust(2) CADL 11/01/2024 D 7,500 D $5.27 896,012 D CADL 11/01/2024 D 7,500 D $5.27 853,943 I By LKA 2022 Revocable Trust(2) CADL 2,074,942 I By Estuardo Aguilar-Cordova 2020 Irrevocable Trust CADL 2,013,100 I By Laura K. Aguilar 2020 Irrevocable Trust(3) CADL 171,335(4) D

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)	5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)	6. Date Exercisable and Expiration Date (Month/Day/Year)	7. Title and Amount of Underlying Securities (Instr. 3 and 4)	8. Price of Derivative Security (Instr. 5)	9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
Director	10% Owner	Officer	Other
Aguilar-Cordova Estuardo 160 PAULSON RD WABAN, MA 02468		X
Aguilar Laura K. 160 PAULSON RD WABAN, MA 02468		X

Signatures

Estuardo Aguilar-Cordova	11/01/2024
**Signature of Reporting Person	Date
Laura K. Aguilar	11/01/2024
**Signature of Reporting Person	Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Adjusted by 28,480 shares acquired by Dr. Aguilar-Cordova through option exercise as previously filed on 09/23/2024
(2)	Shares of common stock held by spouse LKA 2022 Revocable trust
(3)	Shares of common stock held by spouse irrevocable trust
(4)	Shares of common stock held jointly with spouse

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