4Filed Sep 9, 8:00 PM ET
AudioCodes (AUDC) Director Stanley Stern Receives 10,000 RSU Award
$AUDC · AUDIOCODES LTDResearch Summary
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AudioCodes (AUDC) Director Stanley Stern Receives 10,000 RSU Award
What Happened
- Stanley Stern, a director of AudioCodes Ltd (AUDC), was granted 10,000 restricted stock units (RSUs) on September 9, 2026. The filing shows an acquisition-type transaction (Award/Grant, code A) for 10,000 RSUs at a reported price of $0. These RSUs are a contingent right to receive ordinary shares of the company subject to vesting.
Key Details
- Transaction date: September 9, 2026; filing date: September 10, 2026 (timely filing).
- Grant: 10,000 RSUs; reported price: $0.00.
- Vesting schedule (footnote): RSUs vest in three equal annual installments — 3,333 on 9/9/2027; 3,333 on 9/9/2028; 3,334 on 9/9/2029 — subject to continued service.
- Shares owned after transaction: not disclosed in this filing.
- Transaction code: A = Award/Grant of RSUs. No 10b5-1 plan, tax withholding, or sale noted in this filing.
Context
- RSUs are a deferred-compensation award (not immediate stock). Each RSU represents a contingent right to receive one share upon vesting, so no shares were delivered or sold at grant. This is a non-sale insider award and should be viewed as a company compensation action rather than an immediate purchase or sale signal.