electroCore, Inc.·4

May 26, 8:52 AM ET

Errico Thomas J. 4

Research Summary

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electroCore (ECOR) Director Thomas J. Errico Buys 10,000 Shares

What Happened

  • Thomas J. Errico, a director of electroCore, acquired a total of 10,000 shares in two transactions: 8 shares on May 20, 2026 at $5.98 ($48) and 9,992 shares on May 21, 2026 at $5.99 ($59,852). The combined outlay was about $59,900. These were purchase transactions (net buys), not sales.

Key Details

  • Transaction dates & prices:
    • 2026-05-20: 8 shares @ $5.98 = $48 (small acquisition; marked "L" indicating a late report for that transaction)
    • 2026-05-21: 9,992 shares @ $5.99 = $59,852 (open market purchase, code "P")
  • Total purchased: 10,000 shares for ≈ $59,900.
  • Shares owned after the transactions (per filing footnote): 350,071 shares beneficially owned in total.
  • Footnote breakdown of ownership: 259,106 shares owned directly; 1,296 shares held by a family trust; 11,000 shares held by another trust; 8,872 unvested shares underlying deferred stock units (DSUs); and 69,797 shares that vested pursuant to previously issued DSUs (those vested shares were previously reported on Form 4s).
  • Filing timeliness: The Form 4 covering the May 20–21 transactions was filed on 2026-05-26. The May 20 small acquisition is noted as late ("L") in the filing.

Context

  • These were straightforward purchases (one small acquisition and one open-market buy) totaling about $60k. Purchases can signal personal buying interest but do not by themselves prove future company performance. The filing also documents DSU-related holdings; vested DSU shares noted were already reported when granted.