Gilat Satellite Networks (GILT) insider to sell 4,672 shares under Rule 144

Rhea-AI Filing Summary

Gilat Satellite Networks filed a notice of proposed sale of 4,672 ordinary shares under Rule 144. The shares are to be sold through Oppenheimer & Co. Inc. on Nasdaq for an aggregate market value of $61,904.00, with 57,017,032 shares outstanding. The seller acquired these shares on 06/15/2023 through an employee stock option plan and is paying cash upon exercise on 02/13/2026, the approximate sale date.

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	4672	61904.00	57017032	02/13/2026	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	06/15/2023	Employee Stock Options plan	Issuer			4672	02/13/2026	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 Gilat Satellite Networks (GILT) disclose in this Form 144 filing?

The filing discloses a planned sale of 4,672 ordinary shares of Gilat Satellite Networks under Rule 144. The shares are linked to an employee stock option plan and will be sold through Oppenheimer & Co. Inc. on Nasdaq for an aggregate market value of $61,904.00.

How many Gilat Satellite Networks (GILT) shares are planned to be sold and at what value?

The notice covers a proposed sale of 4,672 ordinary shares of Gilat Satellite Networks with an aggregate market value of $61,904.00. This represents the value of the block indicated in the filing for the intended transaction on the Nasdaq exchange.

When were the Gilat Satellite Networks (GILT) shares acquired and how?

The 4,672 ordinary shares were acquired on 06/15/2023 through an employee stock options plan. The filing states the nature of acquisition as options granted by the issuer, with the shares to be paid for in cash upon exercise on 02/13/2026.

Which broker will handle the planned sale of Gilat Satellite Networks (GILT) shares?

The planned Rule 144 sale will be executed through Oppenheimer & Co. Inc., located at 85 Broad St., New York, NY 10004. The filing also notes that the shares are expected to be sold on the Nasdaq stock market.

What is the approximate sale date for the Gilat Satellite Networks (GILT) shares in this Form 144?

The approximate sale date listed is 02/13/2026. On this date, the filer expects to both pay cash upon exercise of the employee stock options and sell the resulting 4,672 ordinary shares on the Nasdaq exchange through the named broker.

How many Gilat Satellite Networks (GILT) shares are outstanding according to this filing?

The document states that 57,017,032 ordinary shares of Gilat Satellite Networks are outstanding. This provides context for the relative size of the planned Rule 144 sale of 4,672 shares, which is a very small portion of the total outstanding.