AUDIOCODES LTD (AUDC) director Makov reports 10,000 shares and RSU grant

Rhea-AI Filing Summary

AUDIOCODES LTD director Itay Makov filed an initial ownership report showing beneficial ownership of 10,000 Ordinary Shares of the company, held directly.

Footnote disclosure states he was granted restricted stock units (RSUs) that each represent one ordinary share and vest in three equal annual installments starting on 09/16/2026, subject to his continued service with the company or its subsidiaries.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Makov Itay

(Last) (First) (Middle)

FLAT 10 AHAD HAAM 138

(Street)

TEL-AVIV L3 00000

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/10/2026

3. Issuer Name and Ticker or Trading Symbol
AUDIOCODES LTD [ AUDC ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary Shares	10,000(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

Remarks:

This Form 3 is being filed to report the Reporting Persons beneficial ownership of securities of the Issuer as of the date the Reporting Person became subject to the reporting requirements of Section 16 of the Securities Exchange Act of 1934.

	Itay Makov by: Oppenheimer Israel, as Attorney-in-fact	03/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider ownership did Itay Makov report in AUDIOCODES LTD (AUDC) Form 3?

Itay Makov reported beneficial ownership of 10,000 Ordinary Shares of AUDIOCODES LTD, held directly. This Form 3 serves as his initial statement of holdings as a director, giving investors a baseline of his equity position in the company.

What does the RSU grant to Itay Makov at AUDIOCODES LTD (AUDC) involve?

The filing notes that Itay Makov was granted restricted stock units (RSUs), each representing a contingent right to receive one ordinary share. These RSUs provide potential future share ownership, aligning his compensation with company performance and continued service conditions over time.

How do Itay Makov’s RSUs at AUDIOCODES LTD (AUDC) vest over time?

The RSUs granted to Itay Makov vest in three equal annual installments, beginning on 09/16/2026. Vesting is contingent on his continued service with AUDIOCODES LTD or its subsidiaries through each vesting date, linking the award to ongoing employment.

What role does Itay Makov hold at AUDIOCODES LTD (AUDC) in this Form 3?

The Form 3 identifies Itay Makov as a director of AUDIOCODES LTD. As a director, he must report his equity holdings and certain changes, providing transparency into insider ownership and potential alignment of his interests with those of other shareholders.

Are the RSUs reported by Itay Makov immediately settled in AUDIOCODES LTD (AUDC) shares?

The RSUs are contingent rights and do not immediately convert into ordinary shares. They will settle into one share per RSU only as they vest in three annual installments starting 09/16/2026, assuming Makov’s continued service through each vesting date.