Gilat Satellite SEC Filings

Gilat Satellite Networks CEO Adi Sfadia filed an initial ownership report showing a mix of ordinary shares, performance stock units (PSUs), and stock options. The filing lists PSUs covering 112,500 and 22,500 underlying ordinary shares, stock options over 31,010 shares at an exercise price of $5.6800, and 45,000 ordinary shares held directly. Footnotes explain that the PSUs vest in four annual installments starting in 2026 based on performance goals, while the options vest over four years starting in 2024 and are exercisable on a net exercise basis.

Gilat Satellite Networks Ltd director Aylon Rafaeli filed an initial ownership report showing a stock option award over 6,000 underlying ordinary shares. The option has an exercise price of 5.8400 and expires on March 9, 2029.

The options vest in twelve equal quarterly installments starting June 9, 2023, contingent on Rafaeli’s continued service with the company or its subsidiaries on each vesting date. The award is structured to be exercised on a net exercise basis under the terms of the option agreement.

GILT submitted a Form 144 reporting proposed resale of Ordinary shares under an Employee Stock Options plan. The filing lists a recent reported disposition by Rafaeli Aylon of 21,261 shares on 02/13/2026 for $333,325.93.

Gilat Satellite Networks filed a Form 6-K highlighting a technology demonstration at the Satellite 2026 conference. Gilat Defense, Amazon Web Services (AWS), SES Space & Defense and the WAVE Consortium will jointly demonstrate a virtualized satellite modem running over AWS cloud infrastructure for defense and government SATCOM.

The demo links an FPGA-accelerated virtualized modem in the cloud to a Gilat Aquarius Pro DS modem on the ground via a DIFI-compliant interface aligned with WAVE’s open architecture. This setup shows how modem capabilities can be delivered as software instead of custom hardware, aiming to improve flexibility, scalability and long-term adaptability of sovereign defense SATCOM networks through standardized, multi-vendor, software-defined architectures.

Gilat Satellite Networks executive Hagay Katz, Chief Product and Marketing Officer, reported his equity holdings in the company. He directly holds 6,000 Ordinary Shares, plus performance-based awards and stock options that could convert into additional shares over time.

He holds performance stock units tied to 15,000 underlying Ordinary Shares that vest in four annual 25% installments starting on 02/13/2026, and additional units tied to 3,000 underlying shares vesting annually from 03/16/2026, in each case subject to continued service and achievement of specified performance goals. Katz also holds stock options over 12,500 Ordinary Shares with a $5.68 exercise price, vesting in four equal annual installments beginning 02/13/2024 and expiring on 02/13/2029, which will be exercised on a net exercise basis. This filing describes existing and potential future equity, not new open‑market purchases or sales.

GILAT SATELLITE NETWORKS LTD officer Gilad Landsberg filed an initial statement of beneficial ownership, showing a mix of ordinary shares, performance stock units (PSUs) and stock options. He holds 5,192 ordinary shares and PSUs linked to up to 26,250 and 5,250 ordinary shares, which vest annually based on performance goals starting on 02/13/2026 and 03/16/2026, subject to continued service. He also holds stock options over 60,000 ordinary shares at an exercise price of $5.53 per share, expiring in 2029, with vesting beginning on 06/06/2025 in staged installments.

Gilat Satellite Networks executive Arieh Rohrstock, President of Gilat Peru, has filed an initial ownership report showing his equity stake in the company. The filing lists direct holdings of 31.0000 and 7500.0000 ordinary shares, reflecting stock previously acquired, including through net exercises of options noted in the footnotes.

Rohrstock also holds performance stock units that can convert into 18750.0000 and 3750.0000 ordinary shares, which vest in four equal annual installments starting on 02/13/2026 and 03/16/2026, subject to performance goals and continued service. In addition, he has stock options over 30000.0000 shares at an exercise price of 6.2200 that are fully vested and immediately exercisable on a net exercise basis, and options over 35000.0000 shares at an exercise price of 5.6800 that vest in four equal annual installments commencing on 02/13/2024 and are also structured for net exercise.

Gilat Satellite Networks’ Chief People Officer, Lior Moyal, has filed an initial ownership report detailing his equity interests in the company. He directly holds 7,500 ordinary shares and several equity awards tied to future performance and service-based vesting.

The filing shows performance stock units that may convert into 18,750 ordinary shares, vesting in four equal annual installments beginning on February 13, 2026, and additional performance stock units for 3,750 shares vesting annually starting on March 16, 2026. The number of shares ultimately issued will depend on specified performance goals being met and continued service.

Moyal also holds stock options covering 7,500 ordinary shares at an exercise price of $5.6800 per share, vesting in four equal annual installments beginning on February 13, 2024 and expiring on February 13, 2029. These options are to be exercised on a net exercise basis under the award agreement.

Gilat Satellite Networks Ltd director Hilla Haddad Chmelnik reported initial holdings of stock options in a Form 3. These options give the right to buy 50,000 Ordinary Shares at an exercise price of $9.2400 per share. They vest in twelve equal quarterly installments starting on November 15, 2025, as long as she continues serving the company or its subsidiaries on each vesting date, and are set to expire on August 15, 2031. The options will be exercised on a net exercise basis under the award agreement and are reported as directly owned.