Gilat Satellite Networks (GILT) director exercises 8,334 options, sells all issued shares

Rhea-AI Filing Summary

Gilat Satellite Networks Ltd. director Ofek Amir Yechiel exercised stock options and sold the resulting shares. On 2026-08-06, he exercised 8,334 stock options at an exercise price of $6.15 per share on a net basis, with shares withheld to cover the aggregate exercise price. This resulted in the issuance of 3,923 Ordinary Shares, which were all sold the same day at $11.41 per share. Following these transactions, reported holdings for this position were 0 shares.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 2 txns

Insider Ofek Amir Yechiel

Role Director

Sold 3,923 shs ($45K)

Approx. gross sale proceeds $45K

Approx. exercise cost $51K

Type	Security	Shares	Price	Value
Exercise	Stock Option (Right to Buy) F2	8,334	$0.00	$0.00
Sale	Ordinary Shares F1	3,923	$11.41	$45K

Holdings After Transaction: Stock Option (Right to Buy) — 0 shares (Direct); Ordinary Shares — 0 shares (Direct)

Footnotes (2)

1. F1. The reporting person exercised stock options on a net basis. Shares were withheld to cover the exercise price, resulting in the issuance of 3,923 shares, all of which were sold on the same day.
2. F2. The reporting person exercised 8,334 stock options on a net basis. Shares were withheld to cover the aggregate exercise price, resulting in the issuance of 3,923 shares. All shares received upon exercise were sold on the same day, as reported in Table I.

Key Figures

Options Exercised: 8,334 shares Option Exercise Price: $6.15 per share Shares Issued from Net Exercise: 3,923 shares +3 more

6 metrics

Options Exercised 8,334 shares Stock Option (Right to Buy) exercised on 2026-08-06

Option Exercise Price $6.15 per share Conversion or exercise price for 8,334 stock options

Shares Issued from Net Exercise 3,923 shares Ordinary Shares issued after withholding shares to cover exercise price

Sale Price $11.41 per share Price for sale of 3,923 Ordinary Shares on 2026-08-06

Shares Sold 3,923 shares All shares received upon exercise sold on same day

Post-transaction Holdings 0 shares Total shares following reported transactions

Key Terms

Stock Option (Right to Buy), net basis, Ordinary Shares

3 terms

Stock Option (Right to Buy) financial

"security_title is listed as Stock Option (Right to Buy) for the derivative"

net basis financial

"The reporting person exercised stock options on a net basis. Shares were withheld"

Ordinary Shares financial

"underlying_security_title and sale security_title are described as Ordinary Shares"

Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/10/2026 - 08:11 AM Accepted by SEC EDGAR 08/10/2026 - 08:10 AM Learn about SEC filing dates

FAQ

What did Ofek Amir Yechiel report in this Form 4 for GILT?

Ofek Amir Yechiel reported exercising 8,334 stock options in Gilat Satellite Networks Ltd. and selling the 3,923 Ordinary Shares issued from that net exercise on 2026-08-06.

How many Gilat (GILT) options did Ofek Amir Yechiel exercise and at what price?

He exercised 8,334 stock options for Gilat Satellite Networks at an exercise price of $6.15 per share, using a net-basis exercise where shares were withheld to cover the aggregate exercise cost.

How many Gilat (GILT) shares did Ofek Amir Yechiel sell and at what price?

He sold 3,923 Ordinary Shares of Gilat Satellite Networks on 2026-08-06 at a price of $11.41 per share, representing all shares received from the same-day option exercise.

Did Ofek Amir Yechiel retain any Gilat (GILT) shares after these transactions?

For the positions reported here, post-transaction holdings are shown as 0 shares, indicating no remaining Ordinary Shares or the related options from this specific exercise-and-sale sequence.

Was the Gilat (GILT) Form 4 transaction under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is unchecked and the footnotes do not reference a trading plan, so the transactions are not identified as executed under a pre-arranged Rule 10b5-1 plan.

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Ofek Amir Yechiel

(Last) (First) (Middle)

21 YEGIA KAPAYIM STREET

(Street)

PETAH TIKVA 00000

(City) (State) (Zip)

ISRAEL

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/06/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	08/06/2026		S		3,923(1)	D	$11.41	0	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	$6.15	08/06/2026		M(2)			8,334	09/15/2023	06/15/2029	Ordinary Shares	8,334	$0	0	D

Explanation of Responses:

1. The reporting person exercised stock options on a net basis. Shares were withheld to cover the exercise price, resulting in the issuance of 3,923 shares, all of which were sold on the same day.

2. The reporting person exercised 8,334 stock options on a net basis. Shares were withheld to cover the aggregate exercise price, resulting in the issuance of 3,923 shares. All shares received upon exercise were sold on the same day, as reported in Table I.

	/s/ Meirav Shemesh on behalf of Oppenheimer Israel, as Attorney-in-fact	08/10/2026
	** 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 4 (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.
* Form 4: SEC 1474 (03-26)