Gilat (NASDAQ: GILT) director reports holding 50,000 stock options

Rhea-AI Filing Summary

Gilat Satellite Networks director Dana Porter Rubinshtein has filed an initial statement of holdings showing a stock option position. The filing reports a Stock Option (Right to Buy) over 50,000 underlying Ordinary Shares at an exercise price of $9.2400 per share, expiring on August 15, 2031.

According to the disclosure, these options vest in twelve equal quarterly installments commencing on November 15, 2025, subject to her continued service with the company or its subsidiaries through each vesting date. The options are to be exercised on a net exercise basis under the award agreement, and the holding is reported as a direct ownership position.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Porter Rubinshtein Dana

Role Director

Type	Security	Shares	Price	Value
holding	Stock Option (Right to Buy)	--	--	--

Holdings After Transaction: Stock Option (Right to Buy) — 50,000 shares (Direct)

Footnotes (1)

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Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Porter Rubinshtein Dana

(Last) (First) (Middle)

21 YEGIA KAPAYIM STREET

(Street)

PETAH TIKVA L3 00000

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/17/2026

3. Issuer Name and Ticker or Trading Symbol
GILAT SATELLITE NETWORKS LTD [ GILT ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	11/15/2025(1)	08/15/2031	Ordinary Shares	50,000	$9.24	D

Explanation of Responses:

1. The Options vest in twelve equal quarterly installments commencing on 11/15/2025 subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date, and will be exercised on a net exercise basis pursuant to the terms of the award agreement.

Remarks:

This Form 3 is being filed to report the Reporting Person beneficial ownership of securities of the Issuer as of the date the Reporting Person became subject to the reporting requirements of Section 16 of the Securities Exchange Act of 1934.

	Dana Porter Rubinstain by: Oppenheimer Israel, as Attorney-in-fact	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider position did Gilat (GILT) director Dana Porter Rubinshtein report?

Dana Porter Rubinshtein reported holding a stock option over 50,000 underlying Ordinary Shares of Gilat Satellite Networks. The option gives her the right to buy shares at a fixed exercise price, reflecting an equity-based compensation position as a company director.

What are the key terms of Dana Porter Rubinshtein’s Gilat (GILT) stock options?

The stock options cover 50,000 underlying Ordinary Shares with an exercise price of $9.2400 per share and expire on August 15, 2031. They represent a right to buy Gilat shares at that price if and when the options are exercised.

How do the Gilat (GILT) stock options for director Rubinshtein vest?

The options vest in twelve equal quarterly installments starting on November 15, 2025, contingent on Rubinshtein’s continued service to Gilat Satellite Networks or its subsidiaries. Each quarter, another portion becomes exercisable until fully vested over the multi-year schedule.

What does net exercise basis mean for Gilat (GILT) director Rubinshtein’s options?

Net exercise basis means that when Rubinshtein exercises her options, Gilat will withhold a portion of the shares to cover the exercise cost, delivering only the net shares. This avoids a cash outlay to pay the exercise price directly.

Is Dana Porter Rubinshtein’s Gilat (GILT) option holding direct or indirect ownership?

The filing classifies Rubinshtein’s 50,000-share stock option position as direct ownership. This indicates the options are held in her own name rather than through a trust, partnership, or other indirect entity structure associated with her.

Does the Gilat (GILT) Form 3 show any recent insider buying or selling by Rubinshtein?

The Form 3 is an initial statement of beneficial ownership and shows a holding of stock options, not recent purchases or sales. It records her existing derivative position rather than reporting new open-market transactions or disposals of Gilat shares.