AudioCodes (AUDC) director details share ownership and RSU grants
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
AudioCodes Ltd director Joseph Tenne has filed an initial ownership report showing his equity position in the company. The filing lists several holdings of ordinary shares held directly, including one line showing 45,000 ordinary shares following the reported entry.
Footnotes explain that some of these shares were issued upon vesting of previously granted restricted stock units (RSUs) and upon the exercise of previously granted stock options. Tenne also holds RSU awards that each represent a right to receive one ordinary share, vesting in three equal annual installments beginning on 10/24/2024, 09/17/2025, and 09/16/2026, subject to his continued service with AudioCodes or its subsidiaries.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Tenne Joseph
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 45,000 shares (Direct)
Footnotes (1)
- These shares were issued upon vesting of previously granted RSU's The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one share of ordinary stock of Audicodes Ltd (the "Company"). The RSUs vest in three equal annual installments commencing on 10/24/2024 subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date. The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one share of ordinary stock of Audicodes Ltd (the "Company"). The RSUs vest in three equal annual installments commencing on 09/17/2025 subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date. The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one share of ordinary stock of Audicodes Ltd (the "Company"). The RSUs vest in three equal annual installments commencing on 09/16/2026 subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date. The shares reported herein were acquired upon the exercise of previously granted stock options
FAQ
What does the Joseph Tenne Form 3 filing for AUDIOCODES LTD (AUDC) show?
The Form 3 filing shows director Joseph Tenne’s initial ownership of AudioCodes ordinary shares and equity awards, including shares from vested RSUs and exercised options, plus multiple RSU grants with three-year annual vesting schedules tied to his continued service.
What RSU grants are disclosed for Joseph Tenne in AudioCodes’ Form 3?
The filing discloses multiple restricted stock unit (RSU) grants. Each RSU represents a contingent right to one ordinary share, vesting in three equal annual installments starting on 10/24/2024, 09/17/2025, and 09/16/2026, assuming Tenne’s continued service.
How do Joseph Tenne’s RSUs in AUDC vest over time?
Each RSU grant vests in three equal annual installments. The vesting schedules commence on 10/24/2024, 09/17/2025, and 09/16/2026, respectively, and each installment requires Joseph Tenne to continue serving AudioCodes or its subsidiaries through the applicable vesting date.
Does the AudioCodes (AUDC) Form 3 indicate any insider buying or selling by Joseph Tenne?
The data describes holdings and equity awards rather than explicit open‑market purchases or sales. It notes shares from RSU vesting and option exercises, consistent with compensation-related equity, rather than discretionary trading activity in the market.