Gilat Files Form 144 to Sell 82,793 Shares Valued at $823,790

Rhea-AI Filing Summary

Gilat Satellite Networks Ltd (GILT) filed a Form 144 reporting a proposed sale of 82,793 ordinary shares through broker Oppenheimer & Co. Inc. The shares have an aggregate market value of $823,790.35 and represent approximately 0.145% of the 57,017,032 shares outstanding. The securities were acquired on 03/10/2023 under an Employee Stock Option Plan and the planned sale date is 08/27/2025 with payment noted as cash upon exercise.

The filing is a routine Rule 144 notice indicating an insider or affiliated person intends to sell shares previously acquired from the issuer under a compensation plan. The filer states there are no undisclosed material adverse facts about the issuer.

Insights

Financial Analyst

TL;DR: A routine insider sale of ~0.15% of outstanding shares; not materially dilutive based on reported size.

The Form 144 documents an intended sale of 82,793 shares valued at $823,790.35, acquired under an employee stock option plan. Relative to the 57,017,032 shares outstanding, the position is small (approximately 0.145%), which suggests limited direct market impact or dilution from this transaction alone. The sale is being arranged through a broker and payment is cash upon exercise, consistent with standard option-exercise and subsequent sale behavior.

Corporate Governance Expert

TL;DR: Disclosure aligns with Rule 144 requirements; filer affirms no undisclosed material information.

The notice supplies required provenance: acquisition date under an Employee Stock Option Plan and broker details. The filer’s representation that they are unaware of undisclosed material adverse information is standard and required by the form. There are no reports of other sales in the past three months, and the transaction appears consistent with compensation-plan liquidity rather than a change in control or governance 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. Inc 85 Broad street New York NY 10004	82793	823790.35	57017032	08/27/2025	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	03/10/2023	Employee Stock Option Plan	Issuer			82793	08/27/2025	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

Nothing to Report

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)