Form 4: electroCore Director Thomas J. Errico Acquires 10,000 Shares of Common Stock
SEC Form 4 Filing
Director Thomas J. Errico purchased 10,000 shares of electroCore, Inc. common stock at an average price of $4.7735 on May 12, 2025.
Summary
- On May 12, 2025, Thomas J. Errico, a director of electroCore, Inc., acquired 10,000 shares of common stock.
- The purchase was made at a weighted average price of $4.7735 per share, with prices ranging from $4.73 to $4.80.
- Following the transaction, Errico directly owns 266,401 shares.
- This includes shares owned directly, shares owned by trusts for the benefit of his family and himself, vested Deferred Stock Units (DSUs), and DSUs that vest monthly through September 3, 2025.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a routine disclosure of insider trading. The purchase itself is a slightly positive signal, but the document is primarily informational.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for publicly traded companies. It provides transparency into the actions of company insiders.
Stakeholder Impact
- The purchase of shares by a director could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/12/2025 | Date of transaction: Thomas J. Errico purchased 10,000 shares of electroCore, Inc. common stock. |
| 05/13/2025 | Date of signature on the Form 4 filing. |
| September 3, 2025 | Date through which Deferred Stock Units (DSUs) vest monthly. |
Keywords
electroCore, ECOR, Form 4, insider trading, stock acquisition, Thomas J. Errico, director, beneficial ownership, common stock, Deferred Stock Units, DSUs
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