AudioCodes (AUDC) CFO details share holdings and RSU awards
Rhea-AI Filing Summary
AudioCodes Ltd Chief Financial Officer Baruch Niran filed an initial Form 3 showing his direct holdings of Ordinary Shares in the company. The filing also details multiple restricted stock unit (RSU) grants that each convert into one ordinary share when vested.
The RSUs generally vest in sixteen equal quarterly installments over four years, with first vesting dates on 07/28/2022, 08/08/2023, 08/06/2024, 08/05/2025, and 05/02/2026, conditioned on continued service. Another RSU grant vests in full on 03/26/2028, also subject to continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Baruch Niran
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 1,875 shares (Direct)
Footnotes (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 sixteen equal quarterly installments over a four-year period with the first quarterly vesting date on 07/28/2022 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 sixteen equal quarterly installments over a four-year period with the first quarterly vesting date on 08/08/2023 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 sixteen equal quarterly installments over a four-year period with the first quarterly vesting date on 08/06/2024 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 full on 03/26/2028 subject to the Reporting Person's continued service to the Company or its subsidiaries through such 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 sixteen equal quarterly installments over a four-year period with the first quarterly vesting date on 08/05/2025 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 sixteen equal quarterly installments over a four-year period with the first quarterly vesting date on 05/02/2026 subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Baruch Niran’s Form 3 filing for AudioCodes (AUDC) show?
The Form 3 shows Baruch Niran’s initial status as a reporting insider and his direct holdings of AudioCodes Ordinary Shares, plus several restricted stock unit (RSU) grants with defined multi-year vesting schedules tied to his continued service at the company.
What kind of equity awards does AudioCodes (AUDC) CFO Baruch Niran hold?
Baruch Niran holds restricted stock units (RSUs), each representing a contingent right to receive one AudioCodes ordinary share. These RSUs vest over time, either in sixteen equal quarterly installments across four years or, for one grant, in full on a specified future date.
How do the RSUs in the AudioCodes (AUDC) Form 3 filing vest?
Most RSU grants vest in sixteen equal quarterly installments over four years, starting from specific first vesting dates. Vesting is conditioned on Baruch Niran’s continued service with AudioCodes or its subsidiaries through each vesting date stated in the filing’s footnotes.
When do Baruch Niran’s AudioCodes (AUDC) RSUs start vesting?
The RSUs begin vesting on several first vesting dates: 07/28/2022, 08/08/2023, 08/06/2024, 08/05/2025, and 05/02/2026. Another grant vests entirely on 03/26/2028, assuming he remains in service through the applicable vesting dates.
Is the AudioCodes (AUDC) Form 3 filing a buy or sell transaction?
The Form 3 is an initial ownership report, not a buy or sell disclosure. It records Baruch Niran’s current holdings of Ordinary Shares and outlines the structure and vesting terms of his existing RSU grants as an AudioCodes executive.