Gilat Satellite Networks (GILT) legal chief sells 7,500 shares

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.

Insights

Equity compensation and governance analyst

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.

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).

X

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^*

Kerbel Doron

(Last) (First) (Middle)

21 YEGIA KAPAYIM STREET

(Street)

PETAH TIKVA

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/20/2026

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	03/20/2026		S(1)		7,500(2)	D	$18.026(3)	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

Explanation of Responses:

1. 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

2. Represents shares received upon the vesting of Performance Stock Units granted on 02/13/2025.

3. 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.

	Doron Kerbel by: Oppenheimer Israel, as Attorney-in-fact	03/23/2026
	** 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)

FAQ

What insider transaction did Gilat Satellite Networks (GILT) report for Doron Kerbel?

Doron Kerbel reported selling 7,500 Ordinary Shares of GILT. The Chief Legal Officer executed an open‑market sale at a weighted average price of $18.026 per share, and the filing indicates he held no shares directly after the transaction.

At what price did the GILT insider shares sell in the latest Form 4?

The reported sale price was a weighted average of $18.026 per GILT share. The Form 4 notes this as a weighted average and states that full detail on individual prices and share amounts is available from the reporting person upon request.

How many Gilat Satellite Networks (GILT) shares does Doron Kerbel hold after this sale?

The Form 4 shows Doron Kerbel holding zero directly owned shares after the sale. Following the open‑market disposition of 7,500 Ordinary Shares, the total number of Ordinary Shares reported as directly owned was 0.0000.

Was the GILT insider sale by Doron Kerbel made under a Rule 10b5-1 plan?

Yes. The reported GILT share sale was executed under a Rule 10b5‑1 trading plan. A footnote explains the plan was adopted by the reporting person on December 17, 2025, indicating the transactions were pre‑arranged rather than discretionary.

What does the latest GILT Form 4 reveal about derivative or option positions?

The filing shows no derivative transactions or remaining derivative positions for Doron Kerbel. The derivative summary is empty, and transaction data only covers a non‑derivative sale of Ordinary Shares, suggesting no options or similar instruments are reported here.

Is the GILT insider sale by Doron Kerbel classified as an open-market transaction?

Yes. The Form 4 classifies the transaction as an open‑market sale. The transaction code is “S,” and the description notes it as a sale in open market or private transaction, with 7,500 Ordinary Shares sold at a weighted average price.