AudioCodes grants director 10,000 RSUs vesting by 2029
AudioCodes director Joseph Tenne received a 10,000-share RSU grant vesting annually from 2027 to 2029.
Rhea-AI Filing Summary
AUDIOCODES LTD (symbol: AUDC) is the issuer of record for a Form 4 filing submitted to the SEC. Tenne Joseph reported acquisition or exercise transactions in this Form 4 filing.
AUDIOCODES LTD (AUDC) reported that director Joseph Tenne received a grant of 10,000 Ordinary Shares in the form of restricted stock units (RSUs) on September 9, 2026. Each RSU represents a contingent right to receive one ordinary share. The RSUs vest in three annual tranches, and after this award Tenne holds 94,500 Ordinary Shares directly.
The vesting schedule provides that 3,333 RSUs vest on September 9, 2027, 3,333 RSUs vest on September 9, 2028, and 3,334 RSUs vest on September 9, 2029, in each case subject to Tenne’s continued service to AudioCodes or its subsidiaries through the applicable vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares F1 | 10,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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, with 3,333 vesting on September 9, 2027 & September 9, 2028 and 3,334 vesting on September 9, 2029, subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
contingent right financial
vesting financial
FAQ
What insider transaction did AUDC director Joseph Tenne report on this Form 4?
How do the 10,000 RSUs granted to the AUDC director vest over time?
What is the vesting condition for the RSUs granted to the AUDC director?
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