electroCore (ECOR) Director Theofilos James Charles Receives RSU Award

What Happened
Theofilos James Charles, a director of electroCore, was granted 11,123 Restricted Stock Units (RSUs) on 2026-09-09 (transaction code A). The award was issued at $0.00 (no cash paid). The filing indicates beneficial holdings that include 7,385 vested RSUs, 25,894 unvested RSUs and 1,391 shares of common stock (totaling 34,670 instruments per the filing footnote).

Key Details

• Transaction date: 2026-09-09; Form 4 filed 2026-09-10 (timely filing).
• Transaction type/code: Award/Grant (A). Price per share: $0.00.
• Shares reported after transaction: filing footnote shows 7,385 vested RSUs + 25,894 unvested RSUs + 1,391 common shares = 34,670 total.
• Vesting terms (footnote): RSUs are part of an annual director award and vest in 12 equal monthly installments from the grant date; however, they vest in full on the earlier of (i) one business day before the issuer’s next annual stockholder meeting after the grant date, or (ii) immediately prior to a change of control, provided the director remains in continuous service.
• No 10b5-1, tax-withholding, or cashless-sale details disclosed in this filing.

Context
RSU grants to directors are a common form of compensation and represent future equity contingent on vesting; vested RSUs may be converted into shares per plan rules. This was an award (not an open-market purchase or sale), so it is part of compensation rather than a direct market-driven buy/sell signal.