Gilat (NASDAQ: GILT) officer Ronen Stoleru details PSUs, options and shares

Rhea-AI Filing Summary

GILAT SATELLITE NETWORKS LTD filed an initial ownership report for Chief Corporate Development Officer Ronen Stoleru, detailing his equity-based holdings. He holds performance stock units representing up to 15,000 and 3,000 underlying ordinary shares, stock options over 5,000 shares at $5.68 and 25,000 shares at $6.58, and 6,000 ordinary shares directly. The performance units and options vest over multiple years based on continued service and, for PSUs, the achievement of specified performance goals.

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^*

Stoleru Ronen

(Last) (First) (Middle)

21 YEEGIA 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Corporate Development Of

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	6,000(1)	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(2)	(2)	Ordinary Shares	15,000	$0	D
Performance Stock Unit (PSU)	03/16/2026(3)	(3)	Ordinary Shares	3,000	$0	D
Stock Option (Right to Buy)	02/13/2024(4)	02/13/2029	Ordinary Shares	5,000	$5.68	D
Stock Option (Right to Buy)	08/07/2025(5)	08/07/2029	Ordinary Shares	25,000	$6.58	D

Explanation of Responses:

1. 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.

2. 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

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 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.

4. 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.

5. The Options vest 50% after ywo years (08/07/2025) and the reamining 50% vest in two equal annual installments thereafter, 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.

	Roni Stoleru 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 does the Form 3 filing by GILT’s Ronen Stoleru show?

The Form 3 shows initial ownership of Gilat equity by Ronen Stoleru, including performance stock units, stock options, and ordinary shares. It establishes his starting equity position as an officer, without reporting any new buy or sell transactions.

How many performance stock units does Ronen Stoleru hold in GILT?

Ronen Stoleru holds PSUs tied to 15,000 and 3,000 underlying ordinary shares. These units vest in four annual installments, starting on 02/13/2026 and 03/16/2026, and depend on achieving specified performance goals and continued service.

What stock options are reported for Ronen Stoleru in GILT?

He holds stock options over 5,000 ordinary shares at an exercise price of $5.68 expiring in 2029, and 25,000 shares at $6.58 expiring in 2029. These options vest over time, subject to his continued service.

How many ordinary shares of GILT does Ronen Stoleru own directly?

The filing reports that Ronen Stoleru directly owns 6,000 ordinary shares of Gilat Satellite Networks. These shares are separate from his performance stock units and stock options, which represent potential future issuances subject to vesting and performance conditions.

How do Ronen Stoleru’s performance stock units vest at Gilat Satellite Networks (GILT)?

The performance stock units vest in four equal annual installments of 25% each, beginning on 02/13/2026 and 03/16/2026. Vesting requires continued service, and the actual shares issued depend on meeting specified performance goals.

What are the vesting terms for Ronen Stoleru’s GILT stock options?

One stock option grant vests in four equal annual installments starting 02/13/2024. Another vests 50% after two years on 08/07/2025 and the remaining 50% in two annual installments, all contingent on his continued service to the company or subsidiaries.