Director Sharir reports 15,000-share option holding at Gilat (NASDAQ: GILT)

Rhea-AI Filing Summary

Gilat Satellite Networks director Dafna Sharir filed an initial ownership report showing a stock option to purchase 15,000 ordinary shares. The option has an exercise price of $5.8400 per share, vests in twelve equal quarterly installments starting on June 9, 2023, and expires on March 9, 2029. The award will be exercised on a net exercise basis under the terms of the option agreement, and the filing does not report any share purchases or sales.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider SHARIR DAFNA

Role Director

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

Holdings After Transaction: Stock Option (Right to Buy) — 15,000 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^*

SHARIR DAFNA

(Last) (First) (Middle)

C/O AMPAL AMERICAN ISRAEL CORP

111 ARLOZOROV STREET

(Street)

TEL AVIV ISREL L3

(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)	06/09/2023(1)	03/09/2029	Ordinary Shares	15,000	$5.84	D

Explanation of Responses:

1. The Options vest in twelve equal quarterly installments commencing on 06/09/2023 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.

	Dafna Sharir 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 Dafna Sharir’s Form 3 filing for GILT report?

The Form 3 shows director Dafna Sharir holds a stock option linked to 15,000 Gilat Satellite Networks (GILT) ordinary shares. It is an initial ownership statement, not a report of recent buying or selling activity.

How many GILT shares are covered by Dafna Sharir’s stock option?

The stock option reported by Dafna Sharir covers 15,000 ordinary shares of Gilat Satellite Networks (GILT). These shares become available over time as the option vests in twelve equal quarterly installments starting on June 9, 2023.

What is the exercise price of Dafna Sharir’s GILT stock option?

The reported stock option has an exercise price of $5.8400 per Gilat Satellite Networks (GILT) ordinary share. This is the fixed price at which Sharir may acquire shares as tranches vest over the option’s life, if she chooses to exercise.

When do Dafna Sharir’s GILT stock options vest and expire?

The options vest in twelve equal quarterly installments beginning on June 9, 2023. They expire on March 9, 2029 if not exercised. Continued service with Gilat Satellite Networks or its subsidiaries is required for each vesting date.

Does Dafna Sharir’s Form 3 show any buying or selling of GILT shares?

The Form 3 does not show any purchases or sales of Gilat (GILT) shares. It only reports a pre-existing stock option position for 15,000 underlying ordinary shares, providing baseline information on Sharir’s derivative holdings as a director.

What does ‘net exercise basis’ mean for Sharir’s GILT stock options?

A net exercise basis means Gilat (GILT) will withhold some shares upon exercise to cover the exercise cost, delivering only the net shares. Sharir receives fewer shares instead of paying cash upfront for the full 15,000 underlying shares.