Gilat Satellite Networks (GILT) insider files to sell 3,923 shares via Form 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.
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Key Figures
Shares planned for sale: 3,923 Ordinary Shares
Possible sale date: 08/06/2026
Security type: Ordinary Shares
3 metrics
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
Key Terms
Form 144, employee stock options, cash payment upon exercise of stock options
3 terms
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.
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.
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.