electroCore, Inc.·4

Apr 14, 4:05 PM ET

Goldberger Daniel S 4

Research Summary

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Updated

electroCore (ECOR) Former Officer Daniel S. Goldberger Sells Shares

What Happened
Daniel S. Goldberger, a former officer and director of electroCore, sold 16,072 shares of the company's common stock on April 10, 2026 at $6.02 per share, generating proceeds of $96,753. The sale followed the vesting and settlement of previously issued restricted stock units (RSUs) and was done to satisfy tax withholding obligations; it was reported as a sale (S) on Form 4.

Key Details

  • Transaction date and price: April 10, 2026 — 16,072 shares sold at $6.02 each (proceeds $96,753).
  • Reason: Sale occurred upon RSU vesting and settlement to cover tax withholding (footnote).
  • Post-transaction holdings: 3,665 shares were issued net of the amount sold from the prorated April 1, 2026 RSU vesting; additionally, 43,200 RSUs remain and will continue to vest monthly (3,600 RSUs/month) per the consulting and separation agreement.
  • Section 16(b) matter: The reported transaction triggered a $1,182 claim under Section 16(b); the reporting person voluntarily paid that amount to the company (footnote).
  • Transaction type: Sale to cover taxes (routine liquidity event rather than an open-market purchase).

Context
This was not a purchase signal — the shares were sold to meet tax withholding from RSU vesting. Remaining RSUs will vest over time (3,600/month), so future vesting and any associated withholding or sales are possible. The filing reports the settlement and tax-related sale; no additional indications of trading plans or trading by a 10% owner are reported.