AudioCodes (AUDC) Director Simon Zehava Sells 33,000 Shares

What Happened Simon Zehava, a director of AudioCodes Ltd. (AUDC), sold a total of 33,000 shares in open-market/private sales: 6,000 shares on 2026-08-31 at a weighted average price of $10.03 for proceeds of $60,199, and 27,000 shares on 2026-09-01 at a weighted average price of $9.91 for proceeds of $267,503. Total reported proceeds across both days were approximately $327,702. These transactions are disposals (sales), which are generally considered routine insider selling rather than a purchase signal.

Key Details

• Transaction dates and reported weighted-average prices:
  • 2026-08-31 — 6,000 shares @ $10.03 (proceeds $60,199). Footnote F1: actual trades ranged $10.00–$10.07.
  • 2026-09-01 — 27,000 shares @ $9.91 (proceeds $267,503). Footnote F2: actual trades ranged $9.75–$10.02.
• Transaction type: Sale (Code S) — open market or private sale.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing: Form 4 filed 2026-09-02 covering trades on 2026-08-31 and 2026-09-01 (no late-filing flag indicated in the provided information).
• Footnotes F1 and F2 note that reported prices are weighted averages and that the reporting person can provide per-trade price/quantity details upon request.

Context

• Sales by insiders can be routine and do not necessarily reflect a change in view of the company; purchases are typically more informative about insider sentiment.
• The weighted-average reporting and multiple trade ranges mean individual trade prices varied; investors can request the breakdown if needed. There is no indication in the provided summary of option exercises, gifts, 10% ownership trades, or tax-withholding dispositions.