Planned sale of 4,781 Gilat (GILT) shares disclosed in Rule 144 filing

Rhea-AI Filing Summary

Gilat Satellite Networks (symbol GILT) has a planned insider share sale under Rule 144. A shareholder filed a notice to sell 4,781 ordinary shares through Oppenheimer & Co. on Nasdaq, with an aggregate market value of 65,499.70 at the time of the filing.

These shares were acquired on 03/09/2023 through an employee stock option plan and are to be paid for in cash upon exercise on 02/12/2026. The filing notes that 57,017,032 shares of this class were outstanding, giving investors a sense of the company’s overall equity base.

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	4781	65499.70	57017032	02/12/2026	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 Options plan	Issuer			4781	02/12/2026	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 does the Form 144 filing for GILT disclose?

The Form 144 for GILT discloses a planned sale of 4,781 ordinary shares on Nasdaq. The shares were acquired via an employee stock option plan, with an aggregate market value of 65,499.70, giving investors visibility into a relatively small prospective insider-related transaction.

How many GILT shares are planned to be sold under this Form 144?

The notice covers a planned sale of 4,781 ordinary shares of GILT. These shares are to be sold through Oppenheimer & Co. on Nasdaq, providing a specific upper limit on the number of shares that may be sold under this Rule 144 filing.

When were the GILT shares to be sold under Form 144 originally acquired?

The GILT shares were acquired on 03/09/2023 through an employee stock option plan. This indicates the seller obtained the stock as compensation rather than a market purchase, which is common for employees and executives receiving equity-based awards from the issuer.

What is the approximate sale date for the GILT shares in this Form 144?

The filing lists an approximate sale date of 02/12/2026 for the 4,781 GILT shares. This date represents when the seller expects to complete the transaction, subject to market conditions and other requirements applicable to Rule 144 sales on Nasdaq.

What is the aggregate market value of the GILT shares in this planned sale?

The aggregate market value of the GILT shares covered by this Form 144 is 65,499.70. This figure reflects the total value of the 4,781 ordinary shares referenced in the filing, based on the pricing assumptions used when the notice was prepared.

How many GILT ordinary shares were outstanding according to the Form 144?

According to the filing, 57,017,032 ordinary shares of GILT were outstanding. This provides context for the size of the planned 4,781-share sale relative to the company’s total equity base in this class of securities.