GILT insider files Form 144 to sell 10,251 shares on Nasdaq

Rhea-AI Filing Summary

Gilat Satellite Networks (GILT) Form 144 notice shows a proposed sale of 10,251 ordinary shares through Oppenheimer & Co. on 08/27/2025 for an aggregate market value of $101,997.45. The filing reports 57,017,032 shares outstanding, and indicates these shares were acquired on 01/16/2022 under an employee stock option plan with payment described as cash upon exercise. The filer also disclosed a prior sale in the past three months: 4,824 shares sold on 08/21/2025 for $44,622.00 by Gil Benyamini. The notice includes the standard representation that the seller is not aware of any undisclosed material adverse information about the issuer.

Positive

• The filing discloses clear acquisition details (employee stock option plan dated 01/16/2022) which supports transparency for investors.
• The notice includes the seller's representation that they are not aware of any undisclosed material adverse information, as required by Rule 144.

Negative

• An insider (Gil Benyamini) sold shares recently and proposes an additional sale, showing insider liquidity that could be perceived negatively by some investors despite being small relative to the outstanding shares.

Insights

Securities Analyst

TL;DR: Routine insider sale from exercised employee options, small relative to the float, limited market impact.

The filing documents a planned sale of 10,251 ordinary shares acquired under an employee stock option plan and to be sold on Nasdaq via Oppenheimer on 08/27/2025 for roughly $102k. Relative to the reported 57.0 million shares outstanding, the proposed sale represents an immaterial percentage of the float, suggesting minimal dilution or market impact. The seller previously sold 4,824 shares on 08/21/2025 for $44.6k, indicating ongoing monetization of option proceeds rather than a single large disposition. All details provided are transactional and do not disclose company performance metrics.

Corporate Governance Expert

TL;DR: Disclosure aligns with Rule 144 requirements; the filing shows compliance and a standard insider liquidity event.

The form specifies acquisition under an employee stock option plan with cash upon exercise and includes the seller's certification about material nonpublic information. This satisfies Rule 144 notification expectations and provides transparency around timing and broker details. There is no indication of unusual trading arrangements, pledges, or related-party transfers in the document. The information is administrative and governance-focused rather than operationally material.

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	10251	101997.45	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	01/16/2022	Employee stock option plan	From the Issuer			10251	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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Gil Benyamini Gilat House, 21 Yegia Kapayim Street Kiryat Arye Petah Tikva L3 4913020	Ordinary	08/21/2025	4824	44622.00

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 GILT Form 144 disclose about the proposed sale?

The Form 144 discloses a proposed sale of 10,251 ordinary shares on Nasdaq via Oppenheimer on 08/27/2025 with an aggregate market value of $101,997.45.

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

The shares were acquired on 01/16/2022 under an employee stock option plan and will be paid for in cash upon exercise.

Did the filer report any recent sales in the past three months for GILT?

Yes. Gil Benyamini sold 4,824 ordinary shares on 08/21/2025 for gross proceeds of $44,622.00.

How large is the proposed sale relative to GILT's outstanding shares?

The proposed 10,251-share sale is small versus the reported 57,017,032 shares outstanding, making it immaterial in percentage terms.

Does the filing indicate any undisclosed material information about GILT?

The seller represents they do not know of any material adverse information about the issuer that has not been publicly disclosed.