AudioCodes EVP sells 2,813 shares under 10b5-1 plan

AudioCodes Ltd EVP and Chief Business Officer Lior Aldema executed an open-market sale of 2,813 Ordinary Shares of AUDC on April 28, 2026 at a weighted average price of $8.7102 per share.

Rhea-AI Filing Summary

AudioCodes Ltd EVP and Chief Business Officer Lior Aldema executed an open-market sale of 2,813 Ordinary Shares of AUDC on April 28, 2026 at a weighted average price of $8.7102 per share. The transaction was carried out under a pre-arranged Rule 10b5-1 trading plan. After this sale, Aldema continues to hold 75,940 Ordinary Shares, indicating that only a small portion of his direct stake was sold.

Insider Trade Summary 10b5-1

Net Seller: 2,813 shares

Net Sell 1 txn

Insider Aldema Lior

Role EVP and Chief Business Officer

Sold 2,813 shs ($25K)

Type	Security	Shares	Price	Value
Sale	Ordinary Shares	2,813	$8.7102	$25K

Holdings After Transaction: Ordinary Shares — 75,940 shares (Direct)

Footnotes (2)

1. F1. 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. F2. 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: 2,813 shares Sale price: $8.7102 per share Shares held after: 75,940 shares +1 more

4 metrics

Shares sold 2,813 shares Open-market sale on April 28, 2026

Sale price $8.7102 per share Weighted average sale price for the transaction

Shares held after 75,940 shares Direct holdings following the reported sale

Net shares sold 2,813 shares Net-sell direction per transaction summary

Key Terms

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

4 terms

Rule 10b5-1 trading plan regulatory

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

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."

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did AudioCodes (AUDC) report for Lior Aldema?

AudioCodes reported that EVP and Chief Business Officer Lior Aldema sold 2,813 Ordinary Shares in an open-market transaction at a weighted average price of $8.7102 per share. The sale was executed under a pre-arranged Rule 10b5-1 trading plan and he retains 75,940 shares.

How many AudioCodes (AUDC) shares does Lior Aldema hold after this Form 4?

Following the reported sale, Lior Aldema directly holds 75,940 Ordinary Shares of AudioCodes. This remaining stake shows he kept the large majority of his holdings, with only 2,813 shares sold in the disclosed open-market transaction on April 28, 2026.

At what price were the AudioCodes (AUDC) shares sold by Lior Aldema?

The shares were sold at a weighted average price of $8.7102 per Ordinary Share. The Form 4 notes that this average covers multiple trades, and Aldema has undertaken to provide the exact share amounts and individual prices for each trade upon request.

Was the AudioCodes (AUDC) insider sale made under a Rule 10b5-1 plan?

Yes. The Form 4 states that Lior Aldema’s sale was effectuated pursuant to a Rule 10b5-1 trading plan adopted on August 28, 2025. Such plans are pre-arranged trading programs that schedule transactions in advance, helping separate personal trading from day-to-day market timing.

What does the Form 4 transaction code 'S' mean for AudioCodes (AUDC)?

In this Form 4, the transaction code “S” indicates a sale of securities in the open market or a private transaction. For Lior Aldema, it reflects an open-market sale of 2,813 AudioCodes Ordinary Shares, rather than an option exercise, gift, or tax-withholding event.

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

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Accepted by SEC EDGAR 04/29/2026 - 07:27 AM EDT Learn about SEC filing dates

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).

X

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 7019900

(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)
04/28/2026

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)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	04/28/2026		S(1)		2,813	D	$8.7102(2)	75,940	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

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	04/29/2026
	** 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)