Were Lior Aldema’s AudioCodes (AUDC) share sales under a Rule 10b5-1 plan?

Yes. The filing states the sales were effectuated under a Rule 10b5-1 trading plan. This plan was adopted by Lior Aldema on August 28, 2025, indicating the transactions were pre-scheduled rather than discretionary trades based on short-term market conditions.

AudioCodes (NASDAQ: AUDC) EVP sells 5,626 shares in Rule 10b5-1 trades

Filing Impact

(Neutral)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

AudioCodes EVP and Chief Business Officer Lior Aldema sold Ordinary Shares in two open-market transactions under a pre-arranged plan. He sold 2,813 shares on May 5, 2026 at a weighted average price of $8.5602 and 2,813 shares on May 6, 2026 at a weighted average price of $8.528.

The sales were carried out pursuant to a Rule 10b5-1 trading plan adopted on August 28, 2025. Following these transactions, Aldema directly holds 115,314 Ordinary Shares of AudioCodes Ltd.

Insider Trade Summary 10b5-1

Net Seller: 5,626 shares ($48,069)

Net Sell 2 txns

Insider Aldema Lior

Role EVP and Chief Business Officer

Sold 5,626 shs ($48K)

Type	Security	Shares	Price	Value
Sale	Ordinary Shares	2,813	$8.528	$24K
Sale	Ordinary Shares	2,813	$8.5602	$24K

Holdings After Transaction: Ordinary Shares — 115,314 shares (Direct, null)

Footnotes (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 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 May 5, 2026: 2,813 shares Price May 5, 2026: $8.5602 per share Shares sold May 6, 2026: 2,813 shares +3 more

6 metrics

Shares sold May 5, 2026 2,813 shares Open-market sale at weighted average price

Price May 5, 2026 $8.5602 per share Weighted average sale price

Shares sold May 6, 2026 2,813 shares Open-market sale at weighted average price

Price May 6, 2026 $8.528 per share Weighted average sale price

Total shares sold 5,626 shares Net open-market sales reported in Form 4

Shares held after transactions 115,314 shares Direct ownership following May 6, 2026 sale

Key Terms

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

4 terms

Rule 10b5-1 trading plan financial

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

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. The reporting person undertakes to provide full information..."

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.

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

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.

Form 4 Insider Transactions: What Each Field Means →

05/07/2026 - 06:28 AM

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).

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^*

Aldema Lior

(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)
	EVP and Chief Business Officer

2a. Foreign Trading Symbol

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Ordinary Shares	05/05/2026		S⁽¹⁾		2,813	D	$8.5602⁽²⁾	118,127	D
Ordinary Shares	05/06/2026		S⁽¹⁾		2,813	D	$8.528⁽²⁾	115,314	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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.

	Lior Aldema by: Oppenheimer Israel, as Attorney-in-fact	05/07/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did AudioCodes (AUDC) executive Lior Aldema report in this Form 4?

Lior Aldema reported two open-market sales of AudioCodes Ordinary Shares. He sold 2,813 shares on May 5, 2026 and 2,813 shares on May 6, 2026, both at weighted average prices slightly above $8.50 per share.

How many AudioCodes (AUDC) shares did Lior Aldema sell and at what prices?

Lior Aldema sold a total of 5,626 AudioCodes Ordinary Shares in two trades. He sold 2,813 shares at a weighted average price of $8.5602 and another 2,813 shares at a weighted average price of $8.528, both reported as open-market sales.

How many AudioCodes (AUDC) shares does Lior Aldema hold after these transactions?

After the reported sales, Lior Aldema directly holds 115,314 AudioCodes Ordinary Shares. This post-transaction holding figure comes from the Form 4 and reflects his remaining direct ownership following the two open-market sales disclosed.

What type of security did Lior Aldema trade in this AudioCodes (AUDC) filing?

Lior Aldema traded AudioCodes Ordinary Shares in these transactions. Both entries in the Form 4 describe non-derivative securities, meaning they are actual shares of common equity rather than options, warrants, or other derivative instruments.