GILT files Form 144 to sell 157,000 shares

GILT reported a Form 144 notice to sell 157,000 Ordinary Shares proposed for sale on 03/17/2026 on Nasdaq.

Accepted by SEC EDGAR 03/17/2026 - 09:01 AM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

GILT reported a Form 144 notice to sell 157,000 Ordinary Shares proposed for sale on 03/17/2026 on Nasdaq. The filing lists shares issuable from employee stock option grants (including 95,000 and 17,000 for cash-upon-exercise) and PSUs (including 37,500 and 7,500 with 02/13/2025 grant dates).

Insights

Securities Compliance Counsel

Form 144 filed for proposed resale of 157,000 ordinary shares on Nasdaq.

The notice lists proposed dispositions tied to employee stock option grants and performance stock units, with specified grant dates and cash-upon-exercise treatment for option-based lots. The filing identifies a proposed sale date of 03/17/2026.

Regulatory treatment for these sales follows Rule 144 procedures; subsequent SEC filings will show whether the transactions were completed and the actual sale mechanics.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did GILT's Form 144 disclose about the number of shares to be sold?

The Form 144 discloses a proposed sale of 157,000 Ordinary Shares. The filing breaks this into option and PSU lots: 95,000, 17,000, 37,500, and 7,500 tied to listed grant dates.

When is the proposed sale date listed in the GILT Form 144?

The Form 144 lists a proposed sale date of 03/17/2026. The notice indicates transactions are to occur on Nasdaq under the Rule 144 resale process.

What types of awards are being disposed of in the GILT Form 144?

The notice lists securities from an Employee Stock Options plan and Performance Stock Units (PSUs). Some option lots are marked as Cash Upon Exercise and PSU lots show grant dates of 02/13/2025.

Does the Form 144 state how proceeds will be received by GILT?

The filing indicates the option lots are marked Cash Upon Exercise, but it does not state any company receipt of proceeds; the Form 144 is a selling-holder notice for resale on 03/17/2026.

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

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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	0001978150
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	GILAT SATELLITE NETWORKS LTD
SEC File Number	000-21218
Address of Issuer	C/O GILAT SATELLITE NETWORKS INC 1651 OLD MEADOW RD MCLEAN VIRGINIA 22102
Phone	7037349401
Name of Person for Whose Account the Securities are To Be Sold	Sfadia Adi
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	Officer

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	157000	2573230.00	73831318	03/17/2026	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 Shares	01/03/2021	Employee Stock Options plan	Issuer			95000	03/17/2026	Cash Upon Exercise
Ordinary Shares	02/13/2023	Employee Stock Options plan	Issuer			17000	03/17/2026	Cash Upon Exercise
Ordinary Shares	02/13/2025	PSU	Issuer			37500	02/13/2025	N/A
Ordinary Shares	02/13/2025	PSU	Issuer			7500	02/13/2025	N/A

* 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	Under a 10b5-1 sale plan adopted on 12/17/2025
Date of Notice	03/17/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	12/17/2025
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	Adi Sfadia
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)