[144] AudioCodes Ltd SEC Filing
AudioCodes Ltd. (AUDC) has filed Form 144, signaling a planned Rule 144 sale by insider Baruch Niran. The notice covers 5,625 ordinary shares to be brokered through Oppenheimer & Co. on or about 28 Jul 2025. At the reference price used in the filing, the lot is valued at $58,893.75, representing roughly 0.02 % of the company’s 29.68 M shares outstanding.
The seller acquired the shares as part of three Restricted Stock Unit grants received between April 2022 and May 2024. During the past three months the same holder has already sold 3,750 shares for gross proceeds of $31,228. No additional financial metrics, corporate developments or earnings data accompany the filing. Given the modest size of the transaction relative to float, the event appears administrative and low-impact, yet it does offer investors a timely view of continuing insider disposition activity.
- None.
- Continued insider selling—total of 9,375 shares disclosed over three months—can be perceived as a mild bearish signal even if immaterial in size.
Insights
TL;DR: Minor Form 144 – 5,625 AUDC shares (~$59k) slated for sale; negligible weight vs. 29.7 M OS.
Form 144 simply notifies the market of a potential insider sale under Rule 144 safe-harbor. The proposed lot equals less than 0.02 % of shares outstanding and follows two small trades earlier this quarter. Such volume is unlikely to pressure liquidity or signal material information asymmetry, particularly since the filer attests to possessing no undisclosed adverse data. Still, consecutive disposals can shape sentiment, making this a modest neutral factor for valuation watch lists rather than a catalyst. Impact is rated neutral (0).