Insider at GILT (GILT) files Rule 144 to sell 21,647 shares
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
An affiliate of GILT has filed a notice of proposed sale under Rule 144 for 21,647 ordinary shares. The shares are expected to be sold through Oppenheimer & Co. Inc. on or about 02/12/2026 on the Nasdaq market, with an indicated aggregate market value of $296,563.90.
The securities were originally acquired on 08/01/2021 through an employee stock options plan, with cash payment to be made upon exercise on the planned sale date. The filing also confirms the seller’s representation that they are not aware of undisclosed material adverse information about the issuer.
Positive
- None.
Negative
- None.
FAQ
What representation does the seller make in the GILT Rule 144 notice?
The seller represents that they do not know any material adverse information about GILT’s current or prospective operations that has not been publicly disclosed. This representation is a standard requirement when submitting a Rule 144 notice of proposed sale.