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GILT (GILT) holder files Form 144 to sell 11,934 shares on Nasdaq

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

Rhea-AI Filing Summary

An affiliate of GILT has filed a notice of proposed sale under Rule 144 covering 11,934 ordinary shares. The shares are expected to be sold on or about 02/12/2026 on the Nasdaq through broker Oppenheimer & Co. Inc.

The seller acquired these shares on 01/16/2022 through an employee stock option plan and will pay the exercise price in cash upon exercise. The filing notes that 57,017,032 shares of this class were outstanding at the time, providing context for the size of the planned sale.

Positive

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Negative

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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 the latest Form 144 filing for GILT disclose?

The Form 144 for GILT discloses a planned sale of 11,934 ordinary shares. The shares were acquired through an employee stock option plan and are expected to be sold on or about 02/12/2026 on the Nasdaq through Oppenheimer & Co. Inc.

How many GILT shares are planned to be sold under this Form 144?

The filing covers a proposed sale of 11,934 ordinary shares of GILT. These shares are to be sold on the Nasdaq, with Oppenheimer & Co. Inc. acting as broker, and were originally obtained via an employee stock option plan dated 01/16/2022.

When is the planned sale date for the GILT shares in this Form 144?

The filing lists an approximate sale date of 02/12/2026 for the 11,934 ordinary shares of GILT. The transaction is expected to take place on the Nasdaq through Oppenheimer & Co. Inc., subject to market conditions and Rule 144 requirements.

How were the GILT shares in this Form 144 originally acquired?

The 11,934 ordinary shares were acquired on 01/16/2022 under an employee stock options plan. The filing indicates the nature of payment as cash upon exercise, meaning the exercise price will be paid in cash at the time of exercising the options.

What is the aggregate market value of the GILT shares in this Form 144?

The Form 144 shows an aggregate market value of 163,495.80 for the 11,934 ordinary shares to be sold. This valuation is tied to the planned sale through Oppenheimer & Co. Inc. on the Nasdaq around 02/12/2026.

How many GILT shares were outstanding relative to this Form 144 sale?

The filing states there were 57,017,032 ordinary shares outstanding at the time. This figure provides context for the planned sale of 11,934 shares under Rule 144, indicating the transaction represents a small portion of the total outstanding shares.
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