AudioCodes (AUDC) director reports RSU-based ordinary share holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
AudioCodes Ltd director Shira Birenbaum filed an initial statement of beneficial ownership as a director of the company. The filing reports several blocks of directly held ordinary shares, including shares issued upon vesting of previously granted restricted stock units (RSUs).
The footnotes explain that additional RSUs represent a contingent right to receive one ordinary share each, vesting in three equal annual installments starting on 10/24/2024, 09/17/2025 and 09/16/2026, subject to Birenbaum’s continued service with AudioCodes or its subsidiaries.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Birenbaum Shira
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 11,250 shares (Direct)
Footnotes (1)
- These shares were issued upon vesting of previously granted RSU's The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one share of ordinary stock of Audiocodes Ltd (the "Company"). The RSUs vest in three equal annual installments commencing on 10/24/2024 subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date. The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one share of ordinary stock of Audiocodes Ltd (the "Company"). The RSUs vest in three equal annual installments commencing on 09/17/2025 subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date. The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one share of ordinary stock of Audiocodes Ltd (the "Company"). The RSUs vest in three equal annual installments commencing on 09/16/2026 subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date.
FAQ
What does Shira Birenbaum’s Form 3 filing for AUDIOCODES LTD (AUDC) show?
The Form 3 shows Shira Birenbaum’s initial beneficial ownership as a director of AudioCodes Ltd, including directly held ordinary shares and interests tied to restricted stock units (RSUs) with multi‑year vesting schedules subject to continued service.
Are there any buy or sell transactions in the AUDIOCODES LTD (AUDC) Form 3?
No buy or sell transactions are reported. The entries are holding-type records showing ordinary share positions and related RSU-based rights, rather than new open-market purchases or sales, reflecting Birenbaum’s starting ownership as a reporting insider.
How do the RSUs in the AUDIOCODES LTD (AUDC) Form 3 vest?
The RSUs each represent a contingent right to one ordinary share and vest in three equal annual installments beginning on 10/24/2024, 09/17/2025, and 09/16/2026, provided Shira Birenbaum continues serving AudioCodes or its subsidiaries through each vesting date.
Does the AUDIOCODES LTD (AUDC) Form 3 mention any derivative securities or options?
The data does not show derivative security positions such as options or warrants. It focuses on ordinary shares and RSUs, where each RSU corresponds to a contingent right to receive one ordinary share once the specified vesting conditions are satisfied.
Why is a Form 3 important for AUDIOCODES LTD (AUDC) investors?
Form 3 is the initial insider ownership report. For AudioCodes, it establishes Shira Birenbaum’s baseline holdings as a director, including RSU-based rights, helping investors understand insider equity alignment at the start of her reporting obligations.