electroCore (ECOR) Director John P. Gandolfo Receives 11,123-Share Award

What Happened John P. Gandolfo, a director of electroCore, Inc. (ECOR), was granted 11,123 deferred stock units on September 9, 2026. The reported transaction price is $0.00, reflecting an award/grant of units rather than a cash purchase. This is an equity award (not a sale), so it is generally a non‑market, compensation-related grant rather than an immediate bullish purchase.

Key Details

• Transaction date: 2026-09-09; Form 4 filed: 2026-09-10.
• Transaction type: Award/Grant (Form 4 code A). Shares acquired: 11,123; price reported: $0.00.
• Vesting: Per the filing (Footnote F1), the deferred stock units vest in 12 equal monthly installments from the grant date, but will vest in full earlier of (i) one business day prior to the issuer’s next annual stockholder meeting or (ii) immediately prior to a change of control, provided the reporting person remains in continuous service.
• Ownership notes: Footnote F2 states the filing “includes 84,032 shares that have vested pursuant to previously issued Deferred Stock Units,” which were reported when granted. The filing excerpt provided does not state the total shares owned after this transaction explicitly.
• Timeliness: Filing date (2026-09-10) covers the 2026-09-09 grant and appears timely (no late filing indicated).

Context Deferred stock units are compensation awards that convert to shares as they vest; they are not immediate open‑market purchases or sales. Because this is a grant subject to future vesting, it reflects compensation/retention mechanics rather than an immediate insider buy or sell.