Gilat Form 144 Filed for 10,555 Ordinary Shares via Oppenheimer

Rhea-AI Filing Summary

Gilat Satellite Networks Ltd (ticker provided as GILT in metadata) filed a Form 144 reporting a proposed sale of 10,555 ordinary shares through Oppenheimer & Co. Inc. on 08/21/2025 with an aggregate market value of $93,939.50. The shares are part of an outstanding class of 57,017,032 shares.

The filer acquired the shares on 06/15/2023 under an Employee Stock Option Plan and will pay cash upon exercise. The notice states there were no sales in the past three months by the person for whose account these securities are to be sold. The filing includes the required representation that the seller is not aware of undisclosed material adverse information.

Positive

• Clear disclosure of broker, number of shares, aggregate market value, and sale date
• Origin of shares specified as Employee Stock Option Plan, clarifying acquisition source
• No sales in past three months reported, simplifying aggregation calculations under Rule 144

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine insider sale under Rule 144; small absolute value and standard mechanics suggest limited market impact.

The filing documents a planned sale of 10,555 ordinary shares via a broker, arising from an employee stock option exercise. The acquisition source and payment terms are explicit: the shares were received under an Employee Stock Option Plan on 06/15/2023 and will be paid for in cash upon exercise. The filing reports no sales in the prior three months and includes the customary attestation regarding material undisclosed information. From a regulatory and disclosure perspective, this is a routine Form 144 submission consistent with compliance for restricted or control securities being offered for sale.

Corporate Governance Specialist

TL;DR: Compliance-focused disclosure; details align with standard Rule 144 procedures and do not indicate governance concerns.

The notice identifies the broker (Oppenheimer & Co. Inc.) and specifies the intended sale date and aggregate market value, fulfilling disclosure requirements. The origin of the securities (employee stock option plan) and the absence of recent sales are disclosed, reducing ambiguity about timing and aggregation under Rule 144. The signature/attestation language is present, which is required to affirm lack of undisclosed material information. There are no disclosures here of unusual arrangements, related-party transfers, or contingent payment terms.

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 Street New York NY 10004	10555	93939.50	57017032	08/21/2025	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	06/15/2023	Employee Stock Option Plan	The Issuer			10555	08/21/2025	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 does the Form 144 filed by Gilat Satellite Networks (GILT) report?

The Form 144 reports a proposed sale of 10,555 ordinary shares through Oppenheimer & Co. Inc. on 08/21/2025 with aggregate market value of $93,939.50.

How were the shares acquired that are being sold under the Form 144?

The shares were acquired on 06/15/2023 under an Employee Stock Option Plan, with payment described as cash upon exercise.

Does the filing report any securities sold by the filer in the past three months?

No. The Form 144 states "Nothing to Report" for securities sold during the past three months.

Which broker is handling the proposed sale in the Form 144?

Oppenheimer & Co. Inc. at 85 Broad Street, New York, NY is listed as the broker for the transaction.

What attestation does the filer make in the Form 144?

The filer represents by signing the notice that they do not know of any material adverse information regarding the issuer that has not been publicly disclosed.