STOCK TITAN

Gilat Satellite Networks (GILT) insider files to sell 3,923 shares via Form 144

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Gilat Satellite Networks Ltd. insider plans share sale. A holder has filed to potentially sell 3,923 Ordinary Shares of Gilat Satellite Networks Ltd. on or after 08/06/2026 through broker Oppenheimer & Co. Inc. The shares were acquired via cash exercise of employee stock options and are listed on Nasdaq.

Positive

  • None.

Negative

  • None.
Shares planned for sale 3,923 Ordinary Shares Potential sale of Ordinary Shares under Form 144
Possible sale date 08/06/2026 Date associated with securities to be sold and acquisition by option exercise
Security type Ordinary Shares Class of Gilat Satellite Networks Ltd. securities covered by Form 144
Form 144 regulatory
"144: Securities To Be Sold Ordinary Shares"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
employee stock options financial
"Shares acquired upon exercise of employee stock options"
Employee stock options are contracts that give workers the right to buy a company's shares at a set price sometime in the future, like a coupon that lets you purchase stock at today’s price later on. Investors care because they align employees’ incentives with company performance and create a potential future claim on shares that can reduce existing owners’ percentage and add to a company’s reported compensation costs.
cash payment upon exercise of stock options financial
"Cash payment upon exercise of stock options"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What does Gilat Satellite Networks (GILT) disclose in this Form 144?

The filing indicates a plan to potentially sell 3,923 Ordinary Shares of Gilat Satellite Networks Ltd. on or after 08/06/2026, with the transaction to be executed through Oppenheimer & Co. Inc. on Nasdaq.

How many GILT shares are covered by the planned Form 144 sale?

The Form 144 covers a potential sale of 3,923 Ordinary Shares of Gilat Satellite Networks Ltd. This amount reflects shares that were acquired through the exercise of employee stock options using a cash payment method.

When could the GILT shares under this Form 144 be sold?

The Ordinary Shares may be sold on or after 08/06/2026. This date is listed both for the securities information and the shares to be sold, indicating the timing associated with the potential disposition.

How were the GILT shares in this Form 144 acquired?

The 3,923 Ordinary Shares covered by the Form 144 were acquired upon the exercise of employee stock options, with a cash payment upon exercise noted as the method of acquisition.

Which broker is involved in the planned GILT Form 144 sale?

The planned sale of 3,923 Ordinary Shares of Gilat Satellite Networks Ltd. is associated with Oppenheimer & Co. Inc., located at 85 Broad St., New York, NY 10004, as indicated in the securities information.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature