AudioCodes (AUDC) CFO Baruch Niran Sells Shares

What Happened

• Baruch Niran, CFO of AudioCodes Ltd. (AUDC), sold a total of 3,750 shares in open-market/private sales: 1,875 shares on 2026-08-05 and 1,875 shares on 2026-08-06, generating aggregate proceeds of approximately $37,098. These were sales (not purchases), which are commonly routine or planned rather than a bullish signal.

Key Details

• Transaction dates/prices:
  • 2026-08-05: 1,875 shares sold at a weighted-average price reported as $9.84 (range reported $9.56–$10.34). (Footnote F2)
  • 2026-08-06: 1,875 shares sold at a weighted-average price reported as $9.95 (range reported $9.80–$10.12). (Footnote F3)
• Total shares sold: 3,750; total reported proceeds: $37,098 (sum of $18,442 and $18,656).
• Shares owned after transaction: Not specified in the information provided in this summary; check the full Form 4 for the post-transaction beneficial ownership figure.
• Notable footnotes: Sales were executed pursuant to a pre-established Rule 10b5-1 trading plan adopted by the reporting person on August 28, 2025 (Footnote F1). The reported prices are weighted averages from multiple trades; the filer offers to provide the breakdown on request.
• Filing timeliness: Form 4 was filed 2026-08-07 for transactions on 2026-08-05 and 2026-08-06; this filing appears to be timely under the two-business-day Form 4 requirement.

Context

• These were outright sales under a 10b5-1 plan (prearranged trading program), which indicates the trades were planned in advance rather than ad hoc reactions to company news. As with most insider sales, this is factual disclosure of liquidity rather than a direct signal about company performance.