AudioCodes (AUDC) Director Tenne Joseph Receives RSU Award

What Happened

• Tenne Joseph, a director of AudioCodes Ltd (AUDC), was granted 10,000 restricted stock units (RSUs) on September 9, 2026. The award was recorded at $0.00 per share (no cash paid at grant), total reported value $0.
• This is an equity award (code A) — not a purchase or sale — so there was no immediate change in marketable shares or proceeds.

Key Details

• Transaction date: 2026-09-09; Form 4 filed: 2026-09-10 (timely filing).
• Grant: 10,000 RSUs; reported acquisition price $0.00; total immediate value $0.
• Vesting schedule (footnote): RSUs vest in three equal annual installments — 3,333 shares on 9/9/2027, 3,333 on 9/9/2028, and 3,334 on 9/9/2029 — all subject to continued service.
• Shares owned after the transaction: not specified in the provided filing details.
• Transaction type: Award/Grant (A). No 10b5-1 plan, tax-withholding, or cashless-sale details disclosed in the filing.

Context

• RSUs represent a contingent right to receive ordinary shares upon vesting; they do not convey immediate tradable stock until vested and delivered.
• Such grants are commonly used for director compensation and do not by themselves indicate a buy/sell signal; they reflect company compensation practices and retention incentives.