The chief financial officer and acting president of electroCore Inc. sold 20,000 ordinary shares of the company for approximately $200,120 in a series of transactions executed between August 21 and August 25, 2026.
The sales followed the exercise of 20,000 stock options at an exercise price of $4.50 per share, resulting in a total exercise cost of $90,000. The shares were sold at weighted average prices of $10.22 on August 21, $9.88 on August 24, and $9.36 on August 25, with individual transaction prices ranging from $9.29 to $10.31.
After the transactions, Lev holds a total of 84,889 ordinary shares of electroCore, including 2,889 directly held shares and 82,000 shares to be issued under previously granted restricted stock units with varying vesting schedules.
The company’s stock has delivered strong performance in 2026, with an 111% year-to-date return and an 80% gain over the past 12 months. ElectroCore reported adjusted loss per share of $0.33 in the second quarter of 2026, outperforming analyst expectations of a $0.38 loss, while revenue reached $9.5 million, a 28% increase year-over-year but slightly below the market estimate of $9.65 million. The company highlighted improvements in operational leverage and adjusted EBITDA as indicators of progress toward profitability.
