Gilat SEC Form 144: Insider Sold 8,760 Shares and Plans Additional Sale

Rhea-AI Filing Summary

Gilat Satellite Networks Ltd (GILT) Form 144 notifies a proposed insider sale of 7,160 Ordinary shares to be effected on 08/21/2025 through Oppenheimer & Co. Inc. on NASDAQ, with an aggregate market value of $63,724.00. The securities were acquired on 05/15/2022 under an employee stock option plan from the issuer and are to be paid for in cash upon exercise. The filing also discloses a sale on 08/20/2025 by the same person of 8,760 Ordinary shares for gross proceeds of $79,278.00. The filer certifies no undisclosed material adverse information and includes the standard signature attestation.

Positive

• Regulatory compliance: The filer submitted a Form 144 disclosing the proposed sale and attesting to no undisclosed material adverse information.
• Transaction transparency: The filing lists broker, dates, method of acquisition, payment method, and aggregate market values.

Negative

• Insider selling: The person for whose account the securities are to be sold reported a proposed sale of 7,160 shares on 08/21/2025.
• Recent disposition: The filer reported a sale on 08/20/2025 of 8,760 shares for gross proceeds of $79,278.00.

Insights

Corporate Governance Expert

TL;DR: Insider is selling shares acquired via option plan; filing shows compliance with Rule 144 and prior recent sale.

The Form 144 documents a planned sale of 7,160 Ordinary shares on 08/21/2025 via Oppenheimer & Co. Inc., valued at $63,724.00, and confirms those shares were acquired under an employee stock option plan on 05/15/2022.

This filing is a routine compliance disclosure required when restricted or control securities are proposed for sale. It also reports a recent sale of 8,760 shares on 08/20/2025 for $79,278.00, indicating the filer has been actively disposing of shares over consecutive days. The filer’s attestation about no undisclosed material adverse information is standard and required for Rule 144 notices.

Securities Analyst

TL;DR: Transaction details are specific but present no new financial results; impacts are informational for shareholders and traders.

The notice provides precise transaction mechanics: acquisition date, nature (employee stock option plan), payment method (cash upon exercise), broker (Oppenheimer & Co.), execution date, and market values. These specifics enable compliance verification and market transparency.

No earnings, balance-sheet, or forward-looking information is contained. As such, this disclosure is primarily procedural and informative rather than material to the company’s operating outlook.

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	7160	63724.00	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	05/15/2022	Employee stock option plan	From the Issuer			7160	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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Aharon Mullokandov Gilat House, 21 Yegia Kapayim Street Kiryat Arye Petah Tikva L3 4913020	Ordinary	08/20/2025	8760	79278.00

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 GILT disclose?

The Form 144 discloses a proposed sale of 7,160 Ordinary shares on 08/21/2025 via Oppenheimer & Co. Inc. on NASDAQ, with an aggregate market value of $63,724.00.

How were the shares being sold by the GILT filer acquired?

The shares were acquired on 05/15/2022 under an employee stock option plan from the issuer.

Did the filer recently sell other GILT shares before this notice?

Yes. The filing reports a sale on 08/20/2025 of 8,760 Ordinary shares generating gross proceeds of $79,278.00.

What payment method is stated for the exercise/sale in the filing?

The filing indicates cash upon exercise as the nature of payment for the securities being sold.

Through which broker will the GILT sale be executed?

The proposed sale is to be executed through Oppenheimer & Co. Inc., 85 Broad St., New York, NY 10004.