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Gilat (NASDAQ: GILT) files Form 144 to sell 17,568 shares

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

Rhea-AI Filing Summary

Gilat Satellite Networks Ltd. submitted a Form 144 reporting the planned sale of 17,568 shares of Ordinary Shares on 06/11/2026. The shares were acquired upon exercise of employee stock options and the filing notes cash payment upon exercise of stock options as the acquisition method.

Positive

  • None.

Negative

  • None.

Insights

Routine Rule 144 notice for resale of exercised option shares.

This Form 144 lists 17,568 shares to be sold and states the shares were acquired upon exercise of employee stock options with cash used to pay the exercise price. The filing records the planned resale on 06/11/2026.

Timing and distribution mechanics beyond the filing are not provided; subsequent regulatory notices or broker statements would show execution and proceeds.

Non-material resale filing; market impact likely minimal.

The notice conveys a single selling-event quantity (17,568 shares) submitted through a broker listed as Oppenheimer & Co. Inc. The filing characterizes the shares as from option exercises rather than open-market purchases.

Whether and how the shares trade depends on holder decisions and distribution methods; the filing itself does not disclose proceeds allocation or sale method details.

Shares to be sold 17,568 shares Securities To Be Sold, 06/11/2026
Filing date 06/11/2026 Date associated with the sale notice
Rule 144 / Form 144 regulatory
"Securities To Be Sold | Ordinary Shares | 06/11/2026"
employee stock options financial
"Shares acquired upon exercise of employee stock options"
Employee stock options are contracts that give workers the right to buy a company's shares at a set price sometime in the future, like a coupon that lets you purchase stock at today’s price later on. Investors care because they align employees’ incentives with company performance and create a potential future claim on shares that can reduce existing owners’ percentage and add to a company’s reported compensation costs.
cash payment upon exercise financial
"Cash payment upon exercise of stock options"
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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 does Gilat's Form 144 filing disclose about the shares being sold?

The filing discloses the planned resale of 17,568 Ordinary Shares acquired upon exercise of employee stock options. It also notes the exercise was paid by cash payment upon exercise of stock options and lists 06/11/2026 as the filing date.

Who is listed as the broker or placement agent on the Form 144 for GILT?

The filing lists Oppenheimer & Co. Inc., 85 Broad St. New York NY 10004 as the broker. The notice pairs that broker information with the sale quantity of 17,568 shares and the date 06/11/2026.

Were the shares being sold newly issued or acquired by exercise?

The Form 144 states the shares were acquired upon the exercise of employee stock options. The filing specifically notes the exercise was satisfied by cash payment upon exercise of stock options, not by a cashless exercise.

Does the Form 144 state how proceeds will be used or when the shares will trade?

The filing does not state any use of proceeds or specific execution timing. It records the planned resale quantity (17,568 shares) and the date 06/11/2026; sale mechanics and proceeds details are not provided in the excerpt.