Gilat (GILT) Rule 144 Notice — 11,089 Shares to Be Sold on Nasdaq

Rhea-AI Filing Summary

Form 144 filing for Gilat Satellite Networks Ltd (GILT): The filer notified a proposed sale of 11,089 ordinary shares on 08/21/2025 through Oppenheimer & Co. at an aggregate market value of $98,692.10, listed on Nasdaq. The shares were acquired under the issuer's employee stock option plan on 09/19/2022 (8,214 shares) and 02/28/2024 (2,875 shares). The filing indicates payment/settlement related to the exercise and sale will occur on 08/21/2025. No securities were reported sold by the reporting person in the prior three months. The filer affirms no undisclosed material adverse information is known.

Positive

• Complete disclosure of broker, share counts, acquisition dates and aggregate market value as required by Rule 144
• Securities originated from employee stock option plan with specific acquisition dates (09/19/2022 and 02/28/2024)
• No sales reported in prior three months, simplifying aggregation considerations

Negative

• None.

Insights

Securities Analyst

TL;DR Insider plans to sell a modest block of 11,089 shares valued at ~$98.7k via Rule 144; acquisitions came from employee option exercises.

The filing documents a routine Rule 144 notice rather than an open-market disclosure of intent beyond the required reporting. The volume (11,089 shares) represents a tangible but not large notional amount, and the transaction is scheduled to occur through a broker on Nasdaq on 08/21/2025. The report confirms the shares originated from employee stock option plan awards on 09/19/2022 and 02/28/2024, and that there were no other sales in the prior three months. This is a standard compliance disclosure consistent with sale of restricted/controlled securities under Rule 144.

Compliance / Risk Analyst

TL;DR Filing appears procedural and complete: broker, share counts, acquisition dates and aggregate value are disclosed as required.

The notice includes required elements: broker name and address, exact share counts, acquisition methods and dates, aggregate market value, outstanding shares, and representation regarding material nonpublic information. It states the method of payment (cash upon exercise) and that no sales occurred in the prior three months. From a compliance perspective, the form meets Rule 144 disclosure obligations based on the provided fields.

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 St. New York NY 10004	11089	98692.10	57017032	08/21/2025	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	09/19/2022	Employee stock option plan	Issuer			8214	08/21/2025	Cash Upon Exercise
Ordinary	02/28/2024	Employee stock option plan	Issuer			2875	08/21/2025	08/21/2025

* 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)

FAQ

What does the Form 144 for Gilat Satellite Networks Ltd (GILT) report?

The Form 144 reports a proposed sale of 11,089 ordinary shares on 08/21/2025 through Oppenheimer & Co., with an aggregate market value of $98,692.10.

How were the shares being sold acquired according to the filing?

The shares were acquired under the issuer's employee stock option plan: 8,214 shares on 09/19/2022 and 2,875 shares on 02/28/2024.

Through which broker and exchange will the GILT shares be sold?

The filing names Oppenheimer & Co. Inc., 85 Broad St., New York NY 10004 as the broker and lists Nasdaq as the exchange.

Does the filing state any sales by the reporting person in the past three months?

No. The filing indicates "Nothing to Report" for securities sold during the past three months by the reporting person.

What payment or settlement terms are disclosed in the Form 144?

The filing indicates cash upon exercise for the shares acquired on 09/19/2022 and lists 08/21/2025 as the date of payment/settlement for the 02/28/2024 acquisition entries.