electroCore (ECOR) CFO Joshua Lev receives 45,000 RSU equity grant

Rhea-AI Filing Summary

Lev Joshua S. reported acquisition or exercise transactions in this Form 4 filing.

electroCore, Inc. reported a new equity award to its CFO and Interim President, Joshua S. Lev. He received 45,000 shares of Common Stock as a grant of Restricted Stock Units (RSUs) that vest in full on December 31, 2026, if he remains in continuous service or meets specified change in control conditions. After this grant, he holds 94,556 shares of Common Stock, including 12,556 shares and 82,000 shares underlying RSUs scheduled to vest between 2026 and 2029, reflecting primarily compensation-based, not open-market, activity.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Lev Joshua S.

Role CFO and Interim President

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	45,000	$0.00	--

Holdings After Transaction: Common Stock — 94,556 shares (Direct)

Footnotes (1)

1. Represents a grant of Restricted Stock Units (RSUs) of the Issuer. The grant vests in full on December 31, 2026, provided that the Reporting Person remains in continuous service with the Issuer or an affiliate through the applicable vesting date, and (ii) 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. Includes 12,556 shares of Common Stock, and 37,000 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; and (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; 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

New RSU grant: 45,000 shares Total holdings after grant: 94,556 shares Current common shares: 12,556 shares +2 more

5 metrics

New RSU grant 45,000 shares Restricted Stock Units vesting on December 31, 2026

Total holdings after grant 94,556 shares Common Stock held by Joshua S. Lev after transaction

Current common shares 12,556 shares Outstanding Common Stock excluding unvested RSUs

Previously issued RSUs 37,000 shares Common Stock issuable from earlier RSU awards

Single-vest date for new RSUs December 31, 2026 Full vesting date for 45,000-share RSU grant

Key Terms

Restricted Stock Units (RSUs), change in control, Executive Severance Policy, good reason, +1 more

5 terms

Restricted Stock Units (RSUs) financial

"Represents a grant of Restricted Stock Units (RSUs) of the Issuer."

Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.

change in control financial

"within two years after a "change in control" as such terms are defined"

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.

Executive Severance Policy financial

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

good reason financial

"resignation for "good reason" within two years after a "change in control""

cause financial

"termination of the Reporting Person without "cause" or resignation for "good reason""

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)
04/01/2026

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	04/01/2026		A		45,000(1)	A	$0	94,556(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. Represents a grant of Restricted Stock Units (RSUs) of the Issuer. The grant vests in full on December 31, 2026, provided that the Reporting Person remains in continuous service with the Issuer or an affiliate through the applicable vesting date, and (ii) 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.

2. Includes 12,556 shares of Common Stock, and 37,000 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; and (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; 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	04/01/2026
	** 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) disclose for Joshua S. Lev?

electroCore disclosed that CFO and Interim President Joshua S. Lev received a grant of 45,000 Restricted Stock Units. These RSUs represent compensation, not an open-market purchase, and will convert into common shares only if vesting and service conditions are satisfied.

How many electroCore (ECOR) shares does Joshua S. Lev hold after this grant?

After the grant, Joshua S. Lev holds 94,556 shares of electroCore Common Stock. This total includes 12,556 currently held shares and 82,000 shares issuable from RSUs that vest over time, assuming he continues in service and certain conditions are met.

When do the newly granted 45,000 electroCore (ECOR) RSUs vest?

The 45,000 newly granted electroCore RSUs vest in full on December 31, 2026. Vesting requires that Joshua S. Lev remain in continuous service, with additional protections if he is terminated without cause or resigns for good reason after a change in control.

What other RSUs does Joshua S. Lev have from electroCore (ECOR)?

Aside from the new grant, he has 37,000 electroCore RSU-based shares from prior awards. These are scheduled to vest on several dates in 2027, 2028, and 2029, provided he continues service or qualifies under specified change in control provisions.

Is the electroCore (ECOR) Form 4 transaction a market buy or sell?

The Form 4 shows a compensation-related grant, not a market trade. Joshua S. Lev received 45,000 RSUs at no purchase price, reflecting an award of equity rather than buying or selling shares on the open market.