Gilat legal chief sells 7,500 GILT shares
Gilat Satellite Networks’ Chief Legal Officer Doron Kerbel reported an open‑market sale of 7,500 Ordinary Shares of GILT at a weighted average price of $18.026 per share.
Rhea-AI Filing Summary
Gilat Satellite Networks’ Chief Legal Officer Doron Kerbel reported an open‑market sale of 7,500 Ordinary Shares of GILT at a weighted average price of $18.026 per share. The transaction was executed under a pre‑arranged Rule 10b5‑1 trading plan adopted on December 17, 2025, and left him with no directly held shares following the sale.
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Insights
Officer sold 7,500 shares under a pre‑planned 10b5‑1 arrangement.
The Chief Legal Officer of Gilat Satellite Networks, Doron Kerbel, completed an open‑market sale of 7,500 Ordinary Shares at a weighted average of $18.026 per share. The filing shows no remaining directly held shares after this transaction.
The sale was carried out under a Rule 10b5‑1 trading plan adopted on December 17, 2025, indicating the trades were pre‑scheduled rather than timed opportunistically. With no derivative positions listed in this filing, the visible equity exposure for this officer appears to have been fully sold in this report.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 7,500 | $18.026 | $135K |
Footnotes (3)
- F1. The sales reported on this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 17, 2025
- F2. Represents shares received upon the vesting of Performance Stock Units granted on 02/13/2025.
- F3. The price reported is a weighted average price. The reporting person undertakes to provide full information, regarding the number of shares and prices at which the transaction was effectuated, upon request.
FAQ
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What insider transaction did Gilat Satellite Networks (GILT) report for Doron Kerbel?
Was the GILT insider sale by Doron Kerbel made under a Rule 10b5-1 plan?
What does the latest GILT Form 4 reveal about derivative or option positions?
Is the GILT insider sale by Doron Kerbel classified as an open-market transaction?
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