CFO of AudioCodes (NASDAQ: AUDC) sells 3,750 shares under Rule 10b5-1 plan

Q: Was the AudioCodes (AUDC) CFO’s share sale under a Rule 10b5-1 trading plan?

Yes. The Form 4 footnotes state the sales were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 28, 2025, meaning the transactions followed preset instructions rather than ad hoc trading decisions.

Filing Impact

(Neutral)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

AudioCodes Ltd Chief Financial Officer Baruch Niran reported selling 3,750 Ordinary Shares of the company in two open-market transactions. He sold 1,875 shares on May 5 at a weighted average price of $8.5667 per share and 1,875 shares on May 6 at a weighted average price of $8.5209 per share. After these sales, he directly holds 106,875 Ordinary Shares. The transactions were carried out under a pre-arranged Rule 10b5-1 trading plan adopted on August 28, 2025, which automates trading based on preset instructions.

Insider Trade Summary 10b5-1

Net Seller: 3,750 shares ($32,039)

Net Sell 2 txns

Insider Baruch Niran

Role Chief Financial Officer

Sold 3,750 shs ($32K)

Type	Security	Shares	Price	Value
Sale	Ordinary Shares	1,875	$8.5209	$16K
Sale	Ordinary Shares	1,875	$8.5667	$16K

Holdings After Transaction: Ordinary Shares — 106,875 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 total: 3,750 shares Shares sold May 5: 1,875 shares Price May 5: $8.5667 per share +3 more

6 metrics

Shares sold total 3,750 shares Open-market sales reported on Form 4

Shares sold May 5 1,875 shares Open-market sale on May 5, 2026

Price May 5 $8.5667 per share Weighted average sale price on May 5, 2026

Shares sold May 6 1,875 shares Open-market sale on May 6, 2026

Price May 6 $8.5209 per share Weighted average sale price on May 6, 2026

Shares held after transactions 106,875 shares Direct Ordinary Shares held after May 6, 2026 sale

Key Terms

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

5 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 regulatory

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

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

05/07/2026 - 06:35 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^*

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)
05/05/2026

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⁾		1,875	D	$8.5667⁽²⁾	108,750	D
Ordinary Shares	05/06/2026		S⁽¹⁾		1,875	D	$8.5209⁽²⁾	106,875	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.

	Niran Baruch 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 insider transaction did AudioCodes (AUDC) disclose for CFO Baruch Niran?

AudioCodes disclosed that CFO Baruch Niran sold 3,750 Ordinary Shares in two open-market transactions. He sold 1,875 shares on May 5 and 1,875 shares on May 6 at weighted average prices around $8.5 per share under a pre-arranged trading plan.

How many AudioCodes (AUDC) shares does the CFO hold after the Form 4 sales?

After the reported sales, CFO Baruch Niran directly holds 106,875 Ordinary Shares of AudioCodes. This figure comes from the ownership column in the Form 4, which shows his direct holdings following the final transaction reported in early May.

At what prices did the AudioCodes (AUDC) CFO sell his shares?

CFO Baruch Niran sold 1,875 Ordinary Shares at a weighted average price of $8.5667 per share on May 5 and another 1,875 shares at a weighted average price of $8.5209 per share on May 6, according to the Form 4 disclosure.

How many AudioCodes (AUDC) shares in total were sold in this Form 4 filing?

The Form 4 shows a total of 3,750 Ordinary Shares sold by CFO Baruch Niran. This total comes from two separate open-market sale transactions of 1,875 shares each, executed on consecutive trading days in early May.