STOCK TITAN

electroCore (ECOR) director boosts stake with 5,000-share buy

(Neutral)
(Positive)
Form Type
4

Rhea-AI Filing Summary

electroCore, Inc. director Thomas J. Errico purchased 5,000 shares of Common Stock of ECOR on 2026-08-13 in an open-market or private transaction at a weighted-average price of $9.8544 per share, with individual trade prices ranging from $9.83 to $9.95.

After this purchase, Errico beneficially owns 343,332 shares, including 269,106 shares held directly, 1,296 shares held by a family trust, 11,000 shares held by a trust for his benefit, 2,218 unvested shares underlying deferred stock units, and 54,712 shares that have vested from prior deferred stock units. The Rule 10b5-1 trading plan checkbox for this transaction is not marked as being made under such a plan.

Positive

  • None.

Negative

  • None.
Insider Errico Thomas J.
Role Director
Bought 5,000 shs ($49K)
Type Security Shares Price Value
Purchase Common Stock F1, F2 5,000 $9.8544 $49K
Holdings After Transaction: Common Stock — 343,332 shares (Direct)
Footnotes (2)
  1. F1. The price in Column 4 is a weighted average of shares purchased at prices ranging from $9.83 to $9.95. 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. F2. Includes 269,106 shares owned directly by the RP; 1,296 shares owned by a trust for the benefit of the RP's family; 11,000 shares owned by a trust for the benefit of the RP; 2,218 unvested shares underlying deferred stock units ("DSUs"); and 54,712 shares that have vested pursuant to previously issued DSUs. All such vested shares were previously reported on Form 4 filings at the time of grant.
Shares Purchased 5,000 shares Common Stock acquired on 2026-08-13 in a non-derivative transaction
Weighted-Average Purchase Price $9.8544 per share Weighted-average price for the 5,000 shares; trade range $9.83–$9.95
Shares Beneficially Owned After Transaction 343,332 shares Total ECOR shares beneficially owned by Thomas J. Errico after the purchase
Directly Held Shares 269,106 shares Portion of Errico’s ECOR holdings owned directly
Family Trust Holdings 1,296 shares Shares held by a trust for the benefit of Errico’s family
Trust for Reporting Person 11,000 shares Shares held by a trust for the benefit of the reporting person
Unvested Deferred Stock Units 2,218 shares Unvested shares underlying ECOR deferred stock units (DSUs)
Vested DSU Shares 54,712 shares Shares that have vested pursuant to previously issued deferred stock units
weighted average financial
"The price in Column 4 is a weighted average of shares purchased"
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.
deferred stock units ("DSUs") financial
"2,218 unvested shares underlying deferred stock units ("DSUs"); and 54,712 shares"
beneficially owns financial
"After this purchase, Errico beneficially owns 343,332 shares"
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.

FAQ

What insider transaction did ECOR director Thomas J. Errico report on this Form 4?

Thomas J. Errico reported buying 5,000 ECOR common shares on 2026-08-13. The transaction was coded as a purchase in an open-market or private transaction at a weighted-average price of $9.8544 per share, with prices ranging from $9.83 to $9.95.

At what price did Thomas J. Errico purchase ECOR shares in this filing?

Errico bought the 5,000 ECOR shares at a weighted-average price of $9.8544 per share. The shares were purchased in multiple trades with individual prices ranging between $9.83 and $9.95, as disclosed in the transaction footnote.

How many ECOR shares does Thomas J. Errico own after this reported transaction?

Following the purchase, Errico beneficially owns 343,332 ECOR shares. This total includes directly held shares, shares in family-related trusts, 2,218 unvested deferred stock units, and 54,712 vested shares from previously issued deferred stock units.

How are Thomas J. Errico’s ECOR holdings structured after the new purchase?

Errico’s 343,332 ECOR shares include 269,106 held directly, 1,296 in a family trust, 11,000 in a trust for his benefit, 2,218 unvested deferred stock units, and 54,712 vested shares from earlier deferred stock unit grants.

Was the ECOR insider purchase by Thomas J. Errico made under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox indicates the transaction was not affirmed as made under a 10b5-1 plan. No footnote states that the 5,000-share purchase occurred pursuant to a pre-arranged trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Errico Thomas J.

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/13/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock08/13/2026P5,000A$9.8544(1)343,332(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The price in Column 4 is a weighted average of shares purchased at prices ranging from $9.83 to $9.95. 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 269,106 shares owned directly by the RP; 1,296 shares owned by a trust for the benefit of the RP's family; 11,000 shares owned by a trust for the benefit of the RP; 2,218 unvested shares underlying deferred stock units ("DSUs"); and 54,712 shares that have vested pursuant to previously issued DSUs. All such vested shares were previously reported on Form 4 filings at the time of grant.
/s/ John L. Cleary, II, attorney-in-fact08/17/2026
** Signature of Reporting PersonDate
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)