STOCK TITAN

AudioCodes grants 10,000 RSUs to director

AudioCodes director Itay Makov received a 10,000‑RSU equity award vesting annually from 2027 to 2029.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

AUDIOCODES LTD (symbol: AUDC) is the issuer of record for a Form 4 filing submitted to the SEC. Makov Itay reported acquisition or exercise transactions in this Form 4 filing.

AUDIOCODES LTD (AUDC) reported that director Itay Makov received a grant of 10,000 Restricted Stock Units (RSUs) on September 9, 2026. Each RSU represents a contingent right to receive one ordinary share. The award vests in three annual installments from 2027 to 2029, subject to continued service, and Makov now holds 20,000 ordinary shares directly.

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Insider Makov Itay
Role Director
Type Security Shares Price Value
Grant/Award Ordinary Shares F1 10,000 $0.00 $0.00
Holdings After Transaction: Ordinary Shares — 20,000 shares (Direct)
Footnotes (1)
  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.
RSUs granted 10,000 units Equity award to director on September 9, 2026
Shares following transaction 20,000 shares Director’s direct holdings after the RSU grant
First vesting tranche 3,333 RSUs Scheduled to vest on September 9, 2027
Second vesting tranche 3,333 RSUs Scheduled to vest on September 9, 2028
Final vesting tranche 3,334 RSUs Scheduled to vest on September 9, 2029
restricted stock units ("RSUs") financial
"The Reporting Person was granted restricted stock units ("RSUs"), which each represent"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
contingent right financial
"which each represent a contingent right to receive one share of ordinary stock"
vesting financial
"The RSUs vest in three equal annual installments, with 3,333 vesting on"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

FAQ

What insider transaction did AUDIOCODES LTD (AUDC) report for director Itay Makov?

AUDIOCODES LTD reported that director Itay Makov received a grant of 10,000 RSUs on September 9, 2026. The RSUs are a form of equity compensation representing rights to receive ordinary shares of the company.

How do the 10,000 RSUs granted to the AUDC director vest?

The 10,000 RSUs vest in three equal annual installments: 3,333 RSUs on September 9, 2027, 3,333 RSUs on September 9, 2028, and 3,334 RSUs on September 9, 2029, subject to Itay Makov’s continued service to AudioCodes Ltd or its subsidiaries.

What does each RSU granted to the AUDC director represent?

Each RSU granted to the director represents a contingent right to receive one ordinary share of AudioCodes Ltd. Shares are delivered only if the vesting conditions, including continued service through the applicable vesting date, are satisfied.

How many AUDIOCODES LTD (AUDC) shares does the director hold after this grant?

Following the RSU grant, director Itay Makov is reported as directly holding 20,000 ordinary shares of AudioCodes Ltd. This figure reflects his position after the September 9, 2026 award reported in the Form 4.

Was the AUDC director’s RSU grant made under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and there is no footnote indicating that the September 9, 2026 RSU grant to director Itay Makov was made pursuant to a Rule 10b5-1 trading plan.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Makov Itay

(Last)(First)(Middle)
FLAT 10 AHAD HAAM 138

(Street)
TEL-AVIV00000

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/09/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Ordinary Shares09/09/2026A10,000(1)A$020,000D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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, 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.
/s/ Meirav Shemesh on behalf of Oppenheimer Israel, as Attorney-in-fact09/10/2026
** Signature of Reporting PersonDate
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)

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