GILT insider Form 144 files sale of 15,490 shares worth $154,125

Rhea-AI Filing Summary

Gilat Satellite Networks Ltd (GILT) filed a Form 144 notifying a proposed sale of 15,490 ordinary shares with an aggregate market value of $154,125.50. The shares represent part of 57,017,032 outstanding shares and are scheduled for sale on 08/27/2025 through Oppenheimer & Co. Inc. on Nasdaq. The shares were acquired on 03/09/2023 under an employee stock option plan from the issuer, with cash upon exercise as the payment method. The filer certifies they are not aware of undisclosed material adverse information about the issuer.

Insights

Financial Analyst

TL;DR Proposed sale is small relative to total shares outstanding and is routine employee stock liquidation.

The filing documents a planned disposition of 15,490 shares valued at $154,125.50, representing roughly 0.03% of the 57,017,032 shares outstanding. The shares were acquired under an employee stock option plan and the sale is to occur through Oppenheimer on Nasdaq. There are no reported sales in the past three months and no indication of nonpublic material information per the filers representation. This appears to be a routine liquidity event by an insider rather than a material corporate development.

Corporate Governance Expert

TL;DR Disclosure aligns with Rule 144 requirements; transaction appears procedural with limited governance implications.

The notice meets Rule 144 disclosure norms: it identifies the class, broker, acquisition date and method (employee stock option plan), planned sale date, and aggregate value. The filers certification that no undisclosed material adverse information exists is standard. Given the small size of the position relative to outstanding shares, this filing does not signal governance change or material insider sentiment.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Ordinary	Oppenheimer & Co. Inc. 85 Broad St. New York NY 10004	15490	154125.50	57017032	08/27/2025	Nasdaq

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Ordinary	03/09/2023	Employee stock option plan	From the Issuer			15490	08/27/2025	Cash Upon Exercise

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What shares is GILT proposing to sell under this Form 144?

The filer proposes to sell 15,490 ordinary shares of Gilat Satellite Networks Ltd.

When is the proposed sale of GILT shares scheduled to occur?

The sale is scheduled for 08/27/2025 through Oppenheimer & Co. Inc. on Nasdaq.

How were the shares being sold acquired according to the filing?

The shares were acquired on 03/09/2023 under an employee stock option plan from the issuer.

What is the aggregate market value of the GILT shares to be sold?

The aggregate market value reported is $154,125.50.

Does the filing report any sales of issuer securities by the seller in the past three months?

The filing states "Nothing to Report" for securities sold during the past three months.