Lev Joshua S. 4
4 · electroCore, Inc. · Filed Jan 28, 2026
Research Summary
AI-generated summary of this filing
electroCore (ECOR) CFO Joshua Lev Receives 27,889-Share Award
What Happened
- Joshua S. Lev, Chief Financial Officer of electroCore, received two grants of restricted stock units (RSUs) on January 26, 2026: 2,889 RSUs and 25,000 RSUs, for a total of 27,889 RSUs. The awards were granted at $0.00 per share (award/compensation, transaction code A).
Key Details
- Transaction date: 2026-01-26; filing date: 2026-01-28 (timely filing).
- Price: $0.00 per share (award/grant); total cash paid = $0.
- Vesting for the grants: generally vests 33% on each of the first, second and third anniversaries of the grant date, subject to continued service; additional vesting provisions apply on certain change-in-control terminations (see below).
- The filing also notes 21,667 shares issuable from previously granted RSUs: (a) 10,000 RSUs of which 3,333 have vested (3,333 vest on Jan 15, 2027 and 3,334 on Jan 15, 2028); and (b) 11,667 RSUs of which 6,334 have vested (5,333 vest on Jan 12, 2027). Vested shares are eligible for sale per the filing.
- Shares owned after the transaction are not shown as a single total in the filing; the report discloses current and previously issued RSUs and their vesting schedules.
- No sale or purchase (cash) occurred; this is a compensation award (A).
Context
- These are time-based RSU awards (compensation/retention), not open-market purchases or sales. Such awards are common for executive pay and primarily reflect compensation and retention rather than a direct market sentiment signal.
- Some previously granted RSUs have already vested and are eligible for sale, while the new grants will vest over the next three years subject to service and certain change-in-control provisions.
Insider Transaction Report
Form 4
Lev Joshua S.
Chief Financial Officer
Transactions
- Award
Common Stock
2026-01-26+2,889→ 24,556 total - Award
Common Stock
[F1][F2]2026-01-26+25,000→ 49,556 total
Footnotes (2)
- [F1]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.
- [F2]Includes 21,667 shares of Common Stock issuable pursuant to previously issued restricted stock units: (i) 10,000 shares of which (a) 3,333 shares of Common Stock have vested and are eligible for sale, (b) 3,333 shares of Common Stock will vest on January 15, 2027, and (c) 3,334 shares of Common Stock will vest on January 15, 2028; and (ii) 11,667 shares of which (a) 6,334 have vested and are eligible for sale, and (b) 5,333 shares of Common Stock will vest on January 12, 2027; 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.
Signature
/s/ John L. Cleary, II, attorney-in-fact|2026-01-28