Gilat executive exercises options, sells 17,568 shares
Gilat Satellite Networks’ executive Arieh Rohrstock executed an options-related share sale.
Rhea-AI Filing Summary
Gilat Satellite Networks’ executive Arieh Rohrstock executed an options-related share sale. On this Form 4, the President of Gilat Peru exercised 30,000 stock options at an exercise price of $6.22 per share on a net basis. After shares were withheld to cover the aggregate exercise price, 17,568 ordinary shares were issued and all of these shares were sold the same day in an open-market transaction at a weighted average price of $15.2312 per share pursuant to a Rule 10b5-1 trading plan adopted on March 12, 2026. Following these transactions, Rohrstock directly holds 7,531 ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
2 txns
Insider
Rohrstock Arieh
Role
President, Gilat Peru
Sold
17,568 shs ($268K)
Approx. gross sale proceeds
$268K
Approx. exercise cost
$187K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 30,000 | $0.00 | $0.00 |
| Sale | Ordinary Shares | 17,568 | $15.2312 | $268K |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 contracts (Direct);
Ordinary Shares — 7,531 shares (Direct)
Footnotes (4)
- F1. The sales reported on this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 12, 2026
- F2. The reporting person exercised stock options on a net basis. Shares were withheld to cover the exercise price, resulting in the issuance of 17,568 shares, all of which were sold on the same day.
- 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.
- F4. The reporting person exercised 30,000 stock options on a net basis. Shares were withheld to cover the aggregate exercise price, resulting in the issuance of 17,568 shares. All shares received upon exercise were sold on the same day, as reported in Table I.
Key Figures
Shares sold: 17,568 shares
Sale price: $15.2312 per share
Options exercised: 30,000 options
+3 more
6 metrics
Shares sold
17,568 shares
Ordinary shares sold in open-market transactions on June 11, 2026
Sale price
$15.2312 per share
Weighted average price for ordinary shares sold
Options exercised
30,000 options
Stock options exercised on a net basis into ordinary shares
Exercise price
$6.22 per share
Conversion or exercise price of stock options
Shares issued from exercise
17,568 shares
Ordinary shares issued after withholding for exercise price
Shares after transaction
7,531 shares
Ordinary shares directly owned after transactions
Key Terms
Rule 10b5-1 trading plan, weighted average price, stock options, net basis, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The sales reported on this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 12, 2026"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
stock options financial
"The reporting person exercised stock options on a net basis."
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
net basis financial
"The reporting person exercised stock options on a net basis."
derivative exercise/conversion financial
"transaction_action: derivative exercise/conversion"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GILAT SATELLITE NETWORKS (GILT) report for Arieh Rohrstock?
Gilat reported that executive Arieh Rohrstock exercised 30,000 stock options on a net basis and sold 17,568 resulting ordinary shares the same day in an open-market transaction, as disclosed in this Form 4.
What stock options did Arieh Rohrstock exercise in this GILT Form 4 filing?
He exercised 30,000 stock options with an exercise price of $6.22 per share, on a net basis. Shares were withheld to cover the aggregate exercise price, and the remaining 17,568 issued shares were then sold.
What does “net basis” mean in Arieh Rohrstock’s GILT option exercise?
“Net basis” means shares from the option exercise were withheld to cover the aggregate exercise price. Rohrstock exercised 30,000 options, resulting in 17,568 issued shares after withholding, and all of those issued shares were sold the same day.
AI-generated analysis. How Rhea-AI works. Not financial advice.
