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GILT (NASDAQ: GILT) proposed resale notice — 10,320 shares under employee plan

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

Rhea-AI Filing Summary

GILT filed a Form 144 notifying a proposed sale of 10,320 ordinary shares to be sold under an Employee Stock Options plan. The filing lists cash upon exercise as the consideration method and references Nasdaq with a filing date of 03/16/2026. The excerpt also shows a prior sale by Rafaeli Aylon of 10,941 ordinary shares on 02/13/2026 for $165,058.33.

Positive

  • None.

Negative

  • None.

Insights

Form 144 records a proposed resale of 10,320 ordinary shares under an employee option plan.

The notice lists 10,320 ordinary shares as the securities to be sold and specifies cash upon exercise and Nasdaq as the market reference. Form 144 is a mandatory notice for certain restricted or control securities when an intended sale occurs.

The excerpt also records a recent completed sale: 10,941 shares sold on 02/13/2026 for $165,058.33. Timing and execution details for the 10,320-share proposed sale are not provided in the excerpt; cashflow treatment beyond the phrase "Cash Upon Exercise" is not detailed.

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 GILT's Form 144 disclose about the proposed sale?

The Form 144 discloses a proposed sale of 10,320 ordinary shares under an Employee Stock Options plan, listing cash upon exercise as the consideration and referencing 03/16/2026 and Nasdaq.

Who previously sold shares according to the filing for GILT?

The filing shows that Rafaeli Aylon sold 10,941 ordinary shares on 02/13/2026 for $165,058.33. This sale is recorded in the "Securities Sold During The Past 3 Months" section.

Does the Form 144 state how proceeds will be used for GILT?

The excerpt states Cash Upon Exercise as the consideration method for the securities to be sold. The filing does not provide further details on the use of proceeds or allocation beyond that phrase.

Are the securities in the filing registered or restricted for GILT?

The filing lists securities tied to an Employee Stock Options plan, which indicates these are plan-related shares. The excerpt does not explicitly label the shares as registered or unregistered in the provided lines.

Where will the proposed resale of GILT shares be executed?

The excerpt references Nasdaq as the market in the securities information. The filing does not specify execution mechanics or timing for the proposed sale beyond the Nasdaq reference and the filing date 03/16/2026.