electroCore (ECOR) CEO reports stock purchase and RSU grant

Rhea-AI Filing Summary

electroCore CEO Daniel S. Goldberger reported new equity awards in the company. On January 26, 2026, he acquired 20,375 shares of electroCore common stock at $7.47 per share and received a grant of 26,000 restricted stock units at no cost.

The new restricted stock units vest in three equal installments on the first, second, and third anniversaries of the grant date, subject to continued service, and may also vest upon certain qualifying termination events following a change in control. After these transactions, Goldberger beneficially owned 338,940 shares of electroCore common stock, including shares underlying previously granted restricted stock units with future vesting dates.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Goldberger Daniel S

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	20,375	$7.47	$152K
Grant/Award	Common Stock	26,000	$0.00	--

Holdings After Transaction: Common Stock — 312,940 shares (Direct)

Footnotes (1)

1. Represents a grant of Restricted Stock Units of the Issuer. The grant vests (i) with respect to 33% of the underlying shares of Common Stock on each of the first, second, and third anniversaries of the date of grant, in each case 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 75,000 shares issuable pursuant to previously issued Restricted Stock Units: (i) 50,000 of such shares have vested and (ii) 25,000 of such shares will potentially vest on January 16, 2027. All such unvested shares were previously reported on a Form 4 filing at the time of grant. Includes 50,000 shares issuable pursuant to previously issued Restricted Stock Units: (i) 33,333 of such shares have vested and (ii) 16,667 of such shares will potentially vest on August 4, 2026. All such unvested shares were previously reported on a Form 4 filing at the time of grant. Includes 40,000 shares issuable pursuant to previously issued Restricted Stock Units: (i) 13,333 of such shares have vested and (ii)26,667 of such shares will potentially vest in one-half increments on each of January 18, 2027, and January 18, 2028. All such unvested shares were previously reported on a Form 4 filing at the time of grant.

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^*

Goldberger Daniel S

(Last) (First) (Middle)

200 FORGE WAY,

SUITE 205

(Street)

ROCKAWAY NJ 07866

(City) (State) (Zip)

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

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

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
01/26/2026

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

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

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

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	01/26/2026		A		20,375	A	$7.47	312,940	D
Common Stock	01/26/2026		A		26,000(1)	A	$0	338,940(2)(3)(4)	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 of the Issuer. The grant vests (i) with respect to 33% of the underlying shares of Common Stock on each of the first, second, and third anniversaries of the date of grant, in each case 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 75,000 shares issuable pursuant to previously issued Restricted Stock Units: (i) 50,000 of such shares have vested and (ii) 25,000 of such shares will potentially vest on January 16, 2027. All such unvested shares were previously reported on a Form 4 filing at the time of grant.

3. Includes 50,000 shares issuable pursuant to previously issued Restricted Stock Units: (i) 33,333 of such shares have vested and (ii) 16,667 of such shares will potentially vest on August 4, 2026. All such unvested shares were previously reported on a Form 4 filing at the time of grant.

4. Includes 40,000 shares issuable pursuant to previously issued Restricted Stock Units: (i) 13,333 of such shares have vested and (ii)26,667 of such shares will potentially vest in one-half increments on each of January 18, 2027, and January 18, 2028. All such unvested shares were previously reported on a Form 4 filing at the time of grant.

	/s/ John L. Cleary, II, attorney-in-fact	01/28/2026
	** 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.
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FAQ

What insider transaction did electroCore (ECOR) report for its CEO?

electroCore reported that CEO Daniel S. Goldberger acquired 20,375 common shares at $7.47 per share and received 26,000 restricted stock units at no cost. These awards increase his equity stake and align his compensation more closely with the company’s stock performance over time.

How many electroCore (ECOR) shares does the CEO own after this Form 4?

After the reported transactions, CEO Daniel S. Goldberger beneficially owned 338,940 shares of electroCore common stock. This figure includes both directly held shares and shares underlying previously granted restricted stock units that have vested or may vest on future dates if conditions are met.

What are the vesting terms of the 26,000 restricted stock units granted to electroCore’s CEO?

The 26,000 restricted stock units vest in three equal installments of 33% on each of the first, second, and third anniversaries of the grant date. Vesting requires continued service and may accelerate upon certain qualifying termination events following a defined change in control under company policies.

Does the electroCore (ECOR) CEO have other unvested restricted stock units outstanding?

Yes. The filing notes additional restricted stock units previously granted, covering 75,000, 50,000, and 40,000 underlying shares. Portions of these have already vested, while the remaining shares are scheduled to potentially vest on specified dates in 2026, 2027, and 2028 if the conditions are satisfied.

What does transaction code "A" mean in the electroCore CEO’s Form 4?

Transaction code “A” indicates an acquisition of securities. In this Form 4, it reflects both the CEO’s receipt of 20,375 common shares at $7.47 per share and the grant of 26,000 restricted stock units awarded at no cost as part of his compensation package.