Gilat Files Form 144 for 8,497-Share Sale; Prior Insider Sales Reported

Rhea-AI Filing Summary

Gilat Satellite Networks Ltd (GILT) filed a Form 144 disclosing a proposed sale of 8,497 ordinary shares through Oppenheimer & Co. with an aggregate market value of $91,937.54, scheduled approximately for 09/15/2025 on Nasdaq. The shares were acquired on 01/16/2022 under an employee stock option plan and the stated method of payment is cash upon exercise. The filing also reports two prior insider sales in the past three months by the same seller: 4,824 shares on 08/21/2025 for $44,622.00 and 10,251 shares on 08/27/2025 for $102,151.22. The filer certifies no undisclosed material adverse information and attests to the accuracy of the notice.

Insights

Securities Analyst

TL;DR: Routine insider sale disclosure for employee option proceeds; aggregate amounts are small relative to outstanding shares.

The Form 144 documents a proposed sale of 8,497 shares (~0.015% of the reported 57,017,032 outstanding shares) with prior recent dispositions of 4,824 and 10,251 shares. This appears to be a scheduled monetization of employee stock-option proceeds rather than a block sale by a controlling holder. The filing meets Rule 144 disclosure requirements and contains the required representations about public material information. From a market-impact perspective, the absolute sizes and percent ownership diluted are immaterial and unlikely to affect valuation; the transaction is primarily relevant for transparency on insider liquidity.

Corporate Governance Expert

TL;DR: Disclosure aligns with governance best practices; no indication of undisclosed negative information.

The filer states the sale relates to an employee stock option plan with cash-on-exercise payment, and affirms no undisclosed material adverse facts. The filing records broker details and recent sales history, supporting traceability and compliance with securities rules. For governance review, repeated small-period insider sales can merit monitoring but do not by themselves indicate governance concerns when tied to option exercises and when the filer affirms adequate public disclosure.

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	8497	91937.54	57017032	09/15/2025	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	01/16/2022	Employee stock option plan	From the Issuer			8497	09/15/2025	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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Gil Benyamini Gilat House, 21 Yegia Kapayim Street Kiryat Arye Petah Tikva L3 4913020	Ordinary	08/21/2025	4824	44622.00
Gil Benyamini Gilat House, 21 Yegia Kapayim Street, Ki Kiryat Arye Petah Tikva L3 4913020	Ordinary	08/27/2025	10251	102151.22

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 did GILT disclose in this Form 144 filing?

The filer disclosed a proposed sale of 8,497 ordinary shares with an aggregate market value of $91,937.54, to occur approximately on 09/15/2025 through Oppenheimer & Co.

How were the shares being sold acquired?

The shares were acquired on 01/16/2022 under an employee stock option plan, with payment specified as cash upon exercise.

Did the filing report other recent insider sales?

Yes. The filing lists sales by the same seller of 4,824 shares on 08/21/2025 for $44,622.00 and 10,251 shares on 08/27/2025 for $102,151.22.

What portion of outstanding shares does this proposed sale represent?

The filing reports 57,017,032 shares outstanding; the proposed 8,497 shares equal approximately 0.015% of outstanding shares.

Does the filer indicate any undisclosed material information?

By signing, the filer represents that they do not know of any material adverse information about the issuer that has not been publicly disclosed.