4Accepted Sep 22, 7:00 AM ET
electroCore (ECOR) Director Thomas J. Errico Buys 5,000 Shares
Accepted (ET)
7:00 AM
Sep 22, 2026
Filed
Sep 22, 2026
Documents
1
Size
5.9 KB
Summary
electroCore (ECOR) Director Thomas J. Errico Buys 5,000 Shares
What Happened
- Director Thomas J. Errico reported an open-market purchase of 5,000 shares of electroCore, Inc. (ECOR) on 2026-09-14 at a weighted-average price of $9.82 per share, for a total purchase cost of $49,082. This transaction is reported as a purchase (code P) — purchases are often watched by investors as a potential positive signal, though they do not prove management intent.
Key Details
- Transaction date: 2026-09-14 (open market purchase, Code P).
- Price: weighted average $9.82; purchase prices ranged from $9.60 to $9.84 (footnote F2). The filer will provide a per-price breakdown on request.
- Total value: $49,082 (5,000 shares × $9.82).
- Holdings reported (footnote F3): 274,106 shares owned directly; 1,296 shares in a family trust; 11,000 shares in another trust; 56,930 vested Deferred Stock Units (DSUs); and 15,572 unvested DSUs — totaling 358,904 shares/units (includes 15,572 unvested DSUs). The filing does not explicitly state whether the direct-share figure reflects the newly purchased shares.
- Filing timeliness: This Form 4 was filed late due to an administrative oversight and is being reported upon discovery (footnote F1). The late filing may affect short-term transparency but does not change the underlying transaction.
Context
- This was a straightforward open-market purchase (not an option exercise, award, or gift).
- For retail investors: note the purchase increases the insider’s direct exposure to ECOR; use it as one data point among other fundamentals and insider activity when evaluating the company.