electroCore (ECOR) CFO sells 6,667 shares in open-market trade

Rhea-AI Filing Summary

electroCore, Inc. Chief Financial Officer and Interim President Joshua S. Lev reported an open-market sale of 6,667 shares of Common Stock on May 28, 2026 at a weighted average price of $9.00 per share.

After this transaction, he directly owned 84,889 shares, including 2,889 shares of Common Stock and 82,000 shares issuable under previously granted RSUs that vest over several dates through late 2029, subject to continued service and certain change-in-control conditions.

Insider Trade Summary

Net Seller: 6,667 shares ($60,003)

Net Sell 1 txn

Insider Lev Joshua S.

Role CFO and Interim President

Sold 6,667 shs ($60K)

Type	Security	Shares	Price	Value
Sale	Common Stock	6,667	$9.00	$60K

Holdings After Transaction: Common Stock — 84,889 shares (Direct, null)

Footnotes (1)

1. The price in Column 4 is a weighted average of shares sold at prices ranging from $8.95 to $9.09. The Reporting Person (RP) undertakes to provide to the Issuer, any securityholder of the Issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price. Includes 2,889 shares of Common Stock, and 82,000 shares of Common Stock issuable pursuant to previously issued RSUs, comprised of: (i) 6,667 shares, of which (a) 3,333 shares will vest on January 15, 2027 and (b) 3,334 shares will vest on January 15, 2028; (ii) 5,333 shares, which will vest on January 12, 2027; (iii) 25,000 shares, of which (a) 8,333 shares will vest on January 26, 2027 and January 26, 2028, and (b) 8,334 shares will vest on January 26, 2029; and (iv) 45,000 shares, which vests in full on December 31, 2026; provided that (x) the Reporting Person remains in continuous service with the Issuer or an affiliate through the applicable vesting date, and (y) if and to the extent not already vested, in the case of termination of the Reporting Person without "cause" or resignation for "good reason" within two years after a "change in control" as such terms are defined in the Issuer's Executive Severance Policy.

Key Figures

Shares sold: 6,667 shares Sale price: $9.00 per share Post-transaction holdings: 84,889 shares +4 more

7 metrics

Shares sold 6,667 shares Open-market sale of Common Stock on May 28, 2026

Sale price $9.00 per share Weighted average price for the reported sale

Post-transaction holdings 84,889 shares Total common stock directly owned after the sale

Common shares held 2,889 shares Portion of holdings that are current Common Stock

RSU-based shares 82,000 shares Shares issuable under previously issued RSUs, subject to vesting

RSU vesting date (first tranche) 6,667 shares RSUs vesting on January 15, 2027 and January 15, 2028

Single-tranche RSU 45,000 shares RSUs vesting in full on December 31, 2026

Key Terms

weighted average, RSUs, change in control, good reason, +1 more

5 terms

weighted average financial

"The price in Column 4 is a weighted average of shares sold at prices ranging from $8.95 to $9.09."

A weighted average is a way of calculating an overall number when some items matter more than others by giving each item a different level of importance, or weight. Investors use weighted averages to combine figures like prices, returns or earnings so the result reflects the size or significance of each part — like grading a class where a final exam counts more than a quiz, producing a score that better represents true performance.

RSUs financial

"82,000 shares of Common Stock issuable pursuant to previously issued RSUs, comprised of: (i) 6,667 shares..."

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

change in control financial

"within two years after a "change in control" as such terms are defined in the Issuer's Executive Severance Policy."

A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.

good reason financial

"resignation for "good reason" within two years after a "change in control" as such terms are defined..."

Executive Severance Policy financial

"as such terms are defined in the Issuer's Executive Severance Policy."

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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 for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lev Joshua S.

(Last) (First) (Middle)

200 FORGE WAY

SUITE 205

(Street)

ROCKAWAY NEW JERSEY 07866

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
electroCore, Inc. [ ECOR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CFO and Interim President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/28/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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
Common Stock	05/28/2026		S		6,667	D	$9(1)	84,889(2)	D

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 Securities Underlying Derivative Security (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: 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

Explanation of Responses:

1. The price in Column 4 is a weighted average of shares sold at prices ranging from $8.95 to $9.09. The Reporting Person (RP) undertakes to provide to the Issuer, any securityholder of the Issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price.

2. Includes 2,889 shares of Common Stock, and 82,000 shares of Common Stock issuable pursuant to previously issued RSUs, comprised of: (i) 6,667 shares, of which (a) 3,333 shares will vest on January 15, 2027 and (b) 3,334 shares will vest on January 15, 2028; (ii) 5,333 shares, which will vest on January 12, 2027; (iii) 25,000 shares, of which (a) 8,333 shares will vest on January 26, 2027 and January 26, 2028, and (b) 8,334 shares will vest on January 26, 2029; and (iv) 45,000 shares, which vests in full on December 31, 2026; provided that (x) the Reporting Person remains in continuous service with the Issuer or an affiliate through the applicable vesting date, and (y) if and to the extent not already vested, in the case of termination of the Reporting Person without "cause" or resignation for "good reason" within two years after a "change in control" as such terms are defined in the Issuer's Executive Severance Policy.

	/s/ John L. Cleary, II, attorney-in-fact	05/29/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did electroCore (ECOR) report for Joshua S. Lev?

electroCore reported that CFO and Interim President Joshua S. Lev sold 6,667 shares of Common Stock in an open-market transaction. The sale occurred on May 28, 2026 at a weighted average price of $9.00 per share, as disclosed in the Form 4 filing.

At what price did the electroCore (ECOR) CFO sell his shares?

The electroCore CFO’s reported shares were sold at a weighted average price of $9.00 per share. The filing notes individual sale prices ranged from $8.95 to $9.09, and the reporting person will provide detailed breakdowns of shares sold at each price upon request.

How many electroCore (ECOR) shares does Joshua S. Lev hold after the sale?

After the reported sale, Joshua S. Lev directly owned 84,889 electroCore shares. This figure includes 2,889 shares of Common Stock and 82,000 additional shares issuable under previously granted RSUs that vest over multiple future dates, subject to continued service and specified conditions.

What RSU awards are outstanding for the electroCore (ECOR) CFO?

The CFO has 82,000 shares issuable under RSUs, in addition to 2,889 common shares. These RSUs vest in tranches on specified dates from December 31, 2026 through January 26, 2029, contingent on continued service and certain change-in-control related conditions.

Over what price range were the electroCore (ECOR) CFO’s shares sold?

The filing states the $9.00 figure is a weighted average, with individual shares sold at prices between $8.95 and $9.09. The reporting person has committed to provide the exact number of shares sold at each separate price level to interested parties upon request.

What conditions affect vesting of the electroCore (ECOR) CFO’s RSUs?

Vesting of the CFO’s RSUs requires continuous service with electroCore or an affiliate through each vesting date. Unvested RSUs may also vest if he is terminated without cause or resigns for good reason within two years after a change in control, as defined in the severance policy.