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Gilat (GILT) Rule 144 Notice — 4,255 Ordinary Shares Planned Sale

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Form 144 filed for Gilat Satellite Networks Ltd (GILT) detailing a proposed sale of ordinary shares. The filer plans to sell 4,255 ordinary shares through Oppenheimer & Co. on Nasdaq on 09/10/2025 with an aggregate market value of $45,443.40. The securities were acquired on 01/04/2021 under an employee stock options plan and are to be paid in cash upon exercise. The filing also reports prior sales by the same person: 16,477 ordinary shares sold on 09/09/2025 for gross proceeds of $171,360.80; that seller is identified as Shafran Ami with an address on the form. The notice includes the standard representation that the seller does not possess undisclosed material adverse information about the issuer.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Routine insider sale notification; modest size relative to most public-company volumes.

The filing is a standard Rule 144 notice describing a planned sale of 4,255 ordinary shares valued at $45,443.40 and prior sales of 16,477 shares for $171,360.80. The shares were acquired under an employee stock option plan and the transaction is to be effected through a broker on Nasdaq. From a market-impact perspective this disclosure appears routine and informational; the reported dollar amounts are relatively small and do not on their face indicate a material capital markets event.

TL;DR: Compliance-focused filing documenting insider liquidity; contains required attestations.

The notice meets Rule 144 disclosure requirements by identifying the securities, acquisition method (employee stock options), broker, intended sale date, and past three-month sales. It includes the seller's representation concerning undisclosed material information. Governance-wise, this is a routine transparency disclosure; no governance irregularities or additional corporate actions are stated in the filing.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What securities does the Form 144 for GILT cover?

The notice covers 4,255 ordinary shares of Gilat Satellite Networks Ltd to be sold on 09/10/2025 on Nasdaq through Oppenheimer & Co.

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

The shares were acquired on 01/04/2021 under an employee stock options plan and the payment upon exercise is cash.

Were there any recent sales by the same person before this filing?

Yes. The filing reports a sale on 09/09/2025 of 16,477 ordinary shares for gross proceeds of $171,360.80 by Shafran Ami.

Which broker is handling the proposed sale?

The broker named in the filing is Oppenheimer & Co. Inc, 85 Broad St., New York, NY, for execution on Nasdaq.

Does the filer assert possession of any undisclosed material information?

No. The person signing the notice represents that they do not know any material adverse information about the issuer that has not been publicly disclosed.
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