electroCore (ECOR) Co-CEO Michael Fox Receives 55,000 RSUs

What Happened

• Michael Fox, Co-Chief Executive Officer, President and Chief Operating Officer of electroCore, was granted 55,000 restricted stock units (RSUs) on September 8, 2026. The reported acquisition price is $0.00 (typical for RSU awards); this is a grant/award transaction (code A) rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-09-08; Form 4 filed: 2026-09-10 (timely within the Form 4 filing window).
• Amount: 55,000 RSUs granted at $0.00 per share (award).
• Shares owned after transaction: Not specified in the provided filing.
• Vesting (footnote F1): RSUs vest one‑third on the first anniversary of the grant, then in equal annual installments over the next two years, subject to continued service and certain change‑in‑control/severance conditions.
• Additional related holdings (footnote F2): The filing references 70,000 previously issued RSUs that vest 23,333 on 4/13/2027, 23,334 on 4/13/2028 and 23,333 on 4/13/2029, subject to similar service/change‑in‑control conditions.
• Role (from Remarks): Co-Chief Executive Officer, President and Chief Operating Officer.

Context

• RSU grants are compensatory awards that vest over time and do not represent an immediate cash purchase or sale of stock; they provide future equity if vesting conditions are met. This is an insider award, not a market buy or sale, so it should be interpreted as a compensation event rather than a direct trading signal.