Hi,
That's absolutely correct, with a 1 Hz channel period, the ANT radio will only send one of the 4 samples. The channel period dictates the rate at which messages are transmitted, and each message contains only 1 sample. So with a 4 measurement per second sampling rate, but with the radio only transmitting 1 message per second, only 1 of those samples can be sent in that second, and the other 3 samples are discarded.
Ideally your channel period should match your sampling rate, so that you send every sample.
Cheers