AudioCodes grants 10,000 RSUs to director
AudioCodes director Itay Makov received a 10,000‑RSU equity award 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. 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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 10,000 shares
Grant/Award
1 txn
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)
- 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
RSUs granted: 10,000 units
Shares following transaction: 20,000 shares
First vesting tranche: 3,333 RSUs
+2 more
5 metrics
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
Key Terms
restricted stock units ("RSUs"), contingent right, vesting
3 terms
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.
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.