AudioCodes CFO sells 1,875 shares under plan

AudioCodes Ltd Chief Financial Officer Baruch Niran sold 1,875 Ordinary Shares in an open-market transaction.

Rhea-AI Filing Summary

AudioCodes Ltd Chief Financial Officer Baruch Niran sold 1,875 Ordinary Shares in an open-market transaction. The shares were sold at a weighted average price of $8.3422 per share on May 8, 2026, and he now holds 105,000 shares directly.

The transaction was carried out under a pre-arranged Rule 10b5-1 trading plan adopted by Niran on August 28, 2025, indicating the sale was scheduled in advance rather than timed discretionarily.

Insider Trade Summary 10b5-1

Net Seller: 1,875 shares

Net Sell 1 txn

Insider Baruch Niran

Role Chief Financial Officer

Sold 1,875 shs ($16K)

Type	Security	Shares	Price	Value
Sale	Ordinary Shares	1,875	$8.3422	$16K

Holdings After Transaction: Ordinary Shares — 105,000 shares (Direct)

Footnotes (2)

1. F1. The sales reported on this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 28, 2025
2. F2. The price reported is a weighted average price. The reporting person undertakes to provide full information, regarding the number of shares and prices at which the transaction was effectuated, upon request.

Key Figures

Shares sold: 1,875 shares Sale price: $8.3422 per share Shares held after sale: 105,000 shares

3 metrics

Shares sold 1,875 shares Open-market sale on May 8, 2026

Sale price $8.3422 per share Weighted average price for the transaction

Shares held after sale 105,000 shares Direct ownership following the transaction

Key Terms

Rule 10b5-1 trading plan, weighted average price, Ordinary Shares

3 terms

Rule 10b5-1 trading plan regulatory

"The sales reported on this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

weighted average price financial

"The price reported is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

Ordinary Shares financial

"security_title: "Ordinary Shares""

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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did AUDIOCODES LTD (AUDC) report for Baruch Niran?

AUDIOCODES LTD reported that Chief Financial Officer Baruch Niran sold 1,875 Ordinary Shares. The sale occurred on May 8, 2026, as an open-market transaction executed under a pre-arranged Rule 10b5-1 trading plan adopted on August 28, 2025.

At what price did the AUDIOCODES LTD (AUDC) CFO sell his shares?

The CFO sold his 1,875 Ordinary Shares at a weighted average price of $8.3422 per share. A weighted average price reflects multiple trade executions at slightly different prices aggregated into one reported figure for the disclosed transaction.

How many AUDIOCODES LTD (AUDC) shares does the CFO hold after the sale?

After the reported sale, the Chief Financial Officer directly holds 105,000 Ordinary Shares. This post-transaction holding figure comes from the Form 4 and helps indicate that the disclosed sale represents only a small portion of his total direct stake.

Was the AUDIOCODES LTD (AUDC) CFO sale part of a Rule 10b5-1 plan?

Yes. The Form 4 states the sales were effectuated under a Rule 10b5-1 trading plan adopted on August 28, 2025. Such plans allow insiders to pre-schedule trades, reducing the significance of trade timing as a signal of insider sentiment.

What does a weighted average price mean in the AUDC Form 4 filing?

The filing explains that the reported $8.3422 share price is a weighted average. This means the 1,875 shares were sold through multiple executions at different prices, combined into one average; full price details are available from the reporting person upon request.

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

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Accepted by SEC EDGAR 05/11/2026 - 06:56 AM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Baruch Niran

(Last) (First) (Middle)

C/O AUDIOCODES LTD., 1 HAYARDEN STREET

(Street)

AIRPORT CITY, LOD

(City) (State) (Zip)

ISRAEL

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/08/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	05/08/2026		S(1)		1,875	D	$8.3422(2)	105,000	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The sales reported on this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 28, 2025

2. The price reported is a weighted average price. The reporting person undertakes to provide full information, regarding the number of shares and prices at which the transaction was effectuated, upon request.

	Niran Baruch by: Oppenheimer Israel, as Attorney-in-fact	05/11/2026
	** 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 4 (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.
* Form 4: SEC 1474 (03-26)