electroCore (ECOR) ex-officer sells 80,000 shares, keeps 211,471

Rhea-AI Filing Summary

electroCore, Inc. former officer and director Daniel S. Goldberger reported an open-market sale of 80,000 shares of common stock at a weighted average price of $6.80 per share. According to the filing, these shares were sold in multiple transactions at prices ranging from $6.00 to $8.52 per share between April 23, 2026 and May 26, 2026, subject to Rule 144. Following these transactions, he directly holds 211,471 shares of electroCore common stock.

Insights

Insider trading analyst

Former electroCore executive makes a moderate open-market share sale but retains a sizable direct position.

Former officer and director Daniel S. Goldberger sold 80,000 shares of electroCore common stock in open-market transactions at a weighted average price of $6.80 per share. The trades occurred over multiple days between April 23, 2026 and May 26, 2026 at prices from $6.00 to $8.52, subject to Rule 144.

After these sales, Goldberger directly owns 211,471 shares, indicating he still maintains a meaningful equity stake. The filing does not reference any option exercises or remaining derivative positions, and the transactions are characterized as standard open-market sales rather than compensation-related events.

Insider Trade Summary

Net Seller: 80,000 shares

Net Sell 1 txn

Insider Goldberger Daniel S

Role Insider

Sold 80,000 shs ($544K)

Type	Security	Shares	Price	Value
Sale	Common Stock	80,000	$6.80	$544K

Holdings After Transaction: Common Stock — 211,471 shares (Direct)

Footnotes (1)

1. F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.00 to $8.52 per share between 04/23/26 and 05/26/26 subject to Rule 144. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold by him at each separate price.

Key Figures

Shares sold: 80,000 shares Weighted average sale price: $6.80 per share Post-sale holdings: 211,471 shares +2 more

5 metrics

Shares sold 80,000 shares Open-market sale reported on Form 4

Weighted average sale price $6.80 per share Average price across multiple transactions

Post-sale holdings 211,471 shares Direct ownership after the reported sale

Price range of sales $6.00–$8.52 per share Range of prices for individual trades

Net share direction -80,000 shares Net-sell across reported transactions

Key Terms

Rule 144, weighted average price, open-market sale, Common Stock

4 terms

Rule 144 regulatory

"These shares were sold in multiple transactions at prices ranging from $6.00 to $8.52 per share between 04/23/26 and 05/26/26 subject to Rule 144."

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

open-market sale financial

"transaction_action: open-market sale"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Common Stock financial

"security_title: Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/12/2026 - 06:12 PM Accepted by SEC EDGAR 06/12/2026 - 06:12 PM Learn about SEC filing dates

FAQ

What insider transaction did electroCore (ECOR) report for Daniel S. Goldberger?

electroCore reported that former officer and director Daniel S. Goldberger sold 80,000 shares of common stock in open-market transactions. The weighted average sale price was $6.80 per share, reflecting multiple trades over several days within a disclosed price range.

At what prices did Daniel S. Goldberger sell electroCore (ECOR) shares?

The filing states Goldberger’s 80,000 electroCore shares were sold at prices ranging from $6.00 to $8.52 per share. The reported figure of $6.80 is a weighted average sale price across those individual transactions over the disclosed period.

How many electroCore (ECOR) shares does Daniel S. Goldberger hold after the sale?

After completing the 80,000-share sale, Goldberger directly holds 211,471 shares of electroCore common stock. This post-transaction balance, reported in the Form 4, provides context for the scale of the sale relative to his remaining ownership stake.

Over what period were Daniel S. Goldberger’s electroCore (ECOR) shares sold?

The Form 4 footnote explains that the 80,000 electroCore shares were sold in multiple transactions between April 23, 2026 and May 26, 2026. The sales were subject to Rule 144, which governs resales of restricted and control securities.

Was Daniel S. Goldberger’s electroCore (ECOR) share sale a market transaction?

Yes. The transaction is coded as an open-market sale of common stock, with 80,000 shares sold at a weighted average price of $6.80 per share. The description specifies it as a sale in open market or private transaction under the applicable rules.

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

X

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^*

Goldberger Daniel S

(Last) (First) (Middle)

465 GREENRIDGE DRIVE

(Street)

BOZEMAN MONTANA 59715

(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
	Officer (give title below)	X	Other (specify below)
			Former Officer & Director

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/23/2026

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	04/23/2026		S		80,000	D	$6.8(1)	211,471	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 reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.00 to $8.52 per share between 04/23/26 and 05/26/26 subject to Rule 144. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold by him at each separate price.

	dan goldberger	06/12/2026
	** 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)