Baruch Niran 4

What Happened
Baruch Niran, Chief Financial Officer of AudioCodes Ltd (AUDC), received a grant of 30,000 restricted stock units (RSUs) on 2026-05-04. The Form 4 reports the acquisition as an award (transaction code A) at $0.00 per unit (total reported acquisition value $0), reflecting a compensation grant rather than a cash purchase.

Key Details

• Transaction date: 2026-05-04; Form filed 2026-05-05 (timely).
• Reported transaction: Grant/award of 30,000 RSUs at $0.00 per unit.
• Shares owned after transaction: not specified in the provided filing.
• Footnote: Each RSU is a contingent right to one ordinary share. RSUs vest in 16 equal quarterly installments over four years, with the first vesting date on 08/04/2026, subject to continued service.
• Transaction code: A (award/grant). No 10b5‑1 plan, tax‑withholding sale, or late filing noted in the filing details provided.

Context
RSU grants are common executive compensation and do not represent an immediate market purchase or sale. Value to the insider is realized only as RSUs vest and convert to shares (and may be subject to tax withholding at vesting). Such awards indicate company compensation decisions but should not be interpreted alone as a bullish or bearish trading signal.