Gilat Form 144 Filing: 5,674 Ordinary Shares to Be Sold on Nasdaq

Rhea-AI Filing Summary

Form 144 notice for Gilat Satellite Networks Ltd (GILT) shows a proposed sale of 5,674 ordinary shares through Oppenheimer & Co. on Nasdaq, with an aggregate market value of $73,875.48. The filer acquired these shares on 03/09/2023 under an employee stock options plan and indicates cash upon exercise as the payment method. The filing also reports a prior sale by the same person of 10,825 ordinary shares on 09/08/2025 for gross proceeds of $111,497.50. The total number of shares outstanding is listed as 57,017,032, and the approximate date of the proposed sale is 10/01/2025. The filer affirms they are not aware of undisclosed material adverse information about the issuer.

Insights

Securities Analyst

TL;DR: Insider plans a small sale of vested option shares; amount is immaterial relative to outstanding shares.

The filing documents a planned disposition of 5,674 ordinary shares valued at about $73.9k, acquired under an employee stock option on March 9, 2023, to be sold via Oppenheimer on Nasdaq on October 1, 2025. A recent sale of 10,825 shares for $111.5k is also disclosed. Compared with 57.0 million shares outstanding, these transactions represent a de minimis percentage and are unlikely to affect market valuation or signal a material change in company fundamentals. Reporting follows Rule 144 mechanics for restricted or control securities.

Corporate Governance Expert

TL;DR: Routine executive/insider compliance filing; disclosure aligns with Rule 144 requirements.

The notice reflects standard compliance with resale requirements for shares acquired under an employee stock option plan and includes the requisite certification about material nonpublic information. The filing clarifies the nature and timing of acquisition and payment (cash upon exercise). Given the modest size of the sale relative to total outstanding shares, this appears to be routine liquidity by an insider rather than a governance or control event.

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. 85 Broad St. New York NY 10004	5674	73875.48	57017032	10/01/2025	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	03/09/2023	Employee Stock Options plan	issuer			5674	10/01/2025	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
Dafna Sharir Gilat House, 21 Yegia Kapayim Street Kiryat Arye Petah Tikva L3 4913020	Ordinary	09/08/2025	10825	111497.50

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 for GILT report?

The form reports a proposed sale of 5,674 ordinary shares valued at $73,875.48, acquired via an employee stock option on 03/09/2023.

When is the proposed sale scheduled?

The filing lists the approximate sale date as 10/01/2025 through Oppenheimer & Co. on Nasdaq.

Has the filer sold other Gilat shares recently?

Yes, the filer sold 10,825 ordinary shares on 09/08/2025 for gross proceeds of $111,497.50.

How many Gilat shares are outstanding according to the filing?

The filing reports 57,017,032 shares outstanding.

How were the securities originally acquired?

They were acquired under an employee stock options plan and payment upon exercise is listed as cash.