STOCK TITAN

AudioCodes holder plans $337K Rule 144 share sale

AUDIOCODES LTD (AUDC) received a notice under Rule 144 for a proposed sale of its ordinary shares for the account of Zehava Simon (through D.N.Y Simon M&H Ltd.).

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

AUDIOCODES LTD (AUDC) received a notice under Rule 144 for a proposed sale of its ordinary shares for the account of Zehava Simon (through D.N.Y Simon M&H Ltd.). The filing lists up to 6,000 ordinary shares to be sold through Knight Brokerage, LLC and 27,000 ordinary shares through Oppenheimer & Co. Inc., both on Nasdaq. The shares were originally issued upon vesting of restricted stock units (RSUs) on October 28, 2020 and January 27, 2021 without cash consideration.

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Ordinary shares via Knight Brokerage, LLC 6,000 shares Proposed Rule 144 sale of AUDIOCODES LTD ordinary shares through Knight Brokerage, LLC on Nasdaq
Aggregate market value via Knight Brokerage, LLC $61,320.00 Aggregate market value for the 6,000 ordinary shares proposed to be sold through Knight Brokerage, LLC
Ordinary shares via Oppenheimer & Co. Inc. 27,000 shares Proposed Rule 144 sale of AUDIOCODES LTD ordinary shares through Oppenheimer & Co. Inc. on Nasdaq
Aggregate market value via Oppenheimer & Co. Inc. $275,940.00 Aggregate market value for the 27,000 ordinary shares proposed to be sold through Oppenheimer & Co. Inc.
RSU vesting issuance on October 28, 2020 10,500 shares Ordinary shares issued by AUDIOCODES LTD upon vesting of RSUs on 10/28/2020 at no cash consideration
RSU vesting issuance on January 27, 2021 22,500 shares Ordinary shares issued by AUDIOCODES LTD upon vesting of RSUs on 01/27/2021 at no cash consideration
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted stock units financial
"Shares issued upon vesting of RSUs"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
aggregate market value financial
"6000 | 61320.00 | 27089259 | 08/31/2026"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
ordinary shares financial
"Ordinary Shares | KNIGHT BROKERAGE, LLC"
Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

FAQ

How many AUDC shares are proposed to be sold through each broker?

The notice lists 6,000 ordinary shares to be sold through Knight Brokerage, LLC and 27,000 ordinary shares through Oppenheimer & Co. Inc., with both transactions referencing Nasdaq as the trading market.

What are the aggregate market values of the proposed AUDC share sales?

The proposed sale through Knight Brokerage, LLC has an aggregate market value of $61,320.00, and the proposed sale through Oppenheimer & Co. Inc. has an aggregate market value of $275,940.00, as stated in the filing.

How were the AUDIOCODES LTD (AUDC) shares originally acquired by the seller?

The filing states the ordinary shares were issued upon vesting of RSUs on October 28, 2020 (10,500 shares) and January 27, 2021 (22,500 shares), with no cash consideration paid; they were compensation shares from restricted stock units.

Who is the person on whose behalf the AUDC shares are to be sold?

The shares are to be sold for the account of Zehava Simon, identified in the filing, with the signature block showing D.N.Y Simon M&H Ltd. (Zehava Simon) and execution by an authorized signatory at Oppenheimer Israel pursuant to delegation.

Does the Form 144 for AUDC confirm that the shares have already been sold?

No. A Form 144 is a notice of proposed sale under Rule 144. The document lists intended sales and their terms; it does not state that the sales have already been executed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature