Gilat (GILT) Peru president details shares, PSUs and options stake

Rhea-AI Filing Summary

Gilat Satellite Networks executive Arieh Rohrstock, President of Gilat Peru, has filed an initial ownership report showing his equity stake in the company. The filing lists direct holdings of 31.0000 and 7500.0000 ordinary shares, reflecting stock previously acquired, including through net exercises of options noted in the footnotes.

Rohrstock also holds performance stock units that can convert into 18750.0000 and 3750.0000 ordinary shares, which vest in four equal annual installments starting on 02/13/2026 and 03/16/2026, subject to performance goals and continued service. In addition, he has stock options over 30000.0000 shares at an exercise price of 6.2200 that are fully vested and immediately exercisable on a net exercise basis, and options over 35000.0000 shares at an exercise price of 5.6800 that vest in four equal annual installments commencing on 02/13/2024 and are also structured for net exercise.

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^*

Rohrstock Arieh

(Last) (First) (Middle)

21 YEGIA KAPAYIM STREET

(Street)

PETAH TIKVA L3 4913020

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President, Gilat Peru

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)
Ordinary Shares	31(1)	D
Ordinary Shares	7,500(2)	D

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
Performance Stock Unit (PSU)	02/13/2026(3)	(3)	Ordinary Shares	18,750	$0	D
Performance Stock Unit (PSU)	03/16/2026(4)	(4)	Ordinary Shares	3,750	$0	D
Stock Option (Right to Buy)	01/03/2022(5)	01/03/2027	Ordinary Shares	30,000	$6.22	D
Stock Option (Right to Buy)	02/13/2024(6)	02/13/2029	Ordinary Shares	35,000	$5.68	D

Explanation of Responses:

1. The shares reported herein were acquired upon the net exercise of previously granted stock options

2. The shares reported herein were issued upon the vesting and settlement of previously granted performance stock units. Additional performance stock units held by the Reporting Person remain outstanding and are reported in Table II.

3. The performance stock units represent a contingent right to receive the Issuer's ordinary shares upon the achievement of specified performance goals. The units vest in four equal annual installments (25% per year) commencing on 02/13/2026 subject to the Reporting Person's continued service through each vesting date. The number of shares ultimately issuable will depend on the level of performance achieved. The shares reported in Table II represent performance stock units that have not yet vested. Shares that have already vested and been issued are reported in Table I.

4. The performance stock units represent a contingent right to receive the Issuer's ordinary shares upon the achievement of specified performance goals. The units vest in four equal annual installments (25% per year) commencing on 03/16/2026 subject to the Reporting Person's continued service through each vesting date. The number of shares ultimately issuable will depend on the level of performance achieved. The shares reported in Table II represent performance stock units that have not yet vested. Shares that have already vested and been issued are reported in Table I.

5. The Stock Options are Fully vested and immediately exercisable on a net exercise basis pursuant to the terms of the award agreement

6. The Options vest in four equal annual installments (25% per year) commencing on 02/13/2024 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.

	Arieh Rohrstock 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.
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FAQ

What does the Form 3 for GILT disclose about Arieh Rohrstock's holdings?

The Form 3 discloses that Arieh Rohrstock holds ordinary shares in Gilat Satellite Networks and multiple equity awards, including performance stock units and stock options, giving him rights to additional ordinary shares under specified vesting and performance conditions.

How many Gilat (GILT) ordinary shares does Arieh Rohrstock directly hold?

Arieh Rohrstock directly holds 31.0000 ordinary shares in one line item and 7500.0000 ordinary shares in another. These amounts reflect shares already issued, including those acquired through prior net exercises of stock options as referenced in the footnotes.

What performance stock units does Arieh Rohrstock report in Gilat (GILT)?

He reports performance stock units tied to 18750.0000 and 3750.0000 underlying ordinary shares. These units vest in four annual 25% installments starting 02/13/2026 and 03/16/2026, subject to achieving specified performance goals and his continued service with the company.

What stock options does Arieh Rohrstock hold in Gilat Satellite Networks (GILT)?

Rohrstock holds stock options over 30000.0000 ordinary shares at an exercise price of 6.2200, fully vested and immediately exercisable on a net exercise basis, and options over 35000.0000 shares at 5.6800, vesting in four annual 25% installments starting 02/13/2024.

Do Arieh Rohrstock's Gilat (GILT) performance stock units vest based on performance?

Yes. The performance stock units represent contingent rights to ordinary shares, vesting 25% per year over four years starting in 2026. The actual number of shares issued depends on specified performance goals and Rohrstock’s continued service through each vesting date.

Are Arieh Rohrstock's Gilat (GILT) stock options fully exercisable now?

One option grant over 30000.0000 shares at 6.2200 is fully vested and immediately exercisable on a net exercise basis. Another grant over 35000.0000 shares at 5.6800 is vesting annually in four installments starting 02/13/2024 and becomes exercisable as tranches vest.