GILT (NASDAQ: GILT) insider plans sale of 15,500 option shares

Rhea-AI Filing Summary

GILT reported a proposed sale of 15,500 ordinary shares under Form 144. The shares arise from two Employee Stock Options plan awards of 8,035 and 7,465 shares and are to be exercised for cash with a date of 02/17/2026.

Insights

Corporate Governance Analyst

Form 144 shows a planned insider sale of 15,500 option-based shares.

The filing lists two option awards under the Employee Stock Options plan totaling 15,500 shares (8,035 and 7,465) with exercise described as Cash- Upon Exercise and a date of 02/17/2026.

Timing and pricing details are not included in the excerpt; subsequent filings or trade reports would show actual sales and proceeds once executed.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Ordinary	Oppenheimer & Co. Inc. 85 Broad st. New York NY 10004	15500	213435.00	57017032	02/17/2026	Nasdaq

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Ordinary	08/09/2021	Employee Stock Options plan	Issuer			8035	02/17/2026	Cash- Upon Exercise
Ordinary	02/13/2023	Employee Stock Options plan	Issuer			7465	02/17/2026	Cash- Upon Exercise

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the GILT Form 144 disclose?

It discloses a proposed sale of 15,500 ordinary shares. The filing lists two option awards of 8,035 and 7,465 shares tied to the Employee Stock Options plan and a date of 02/17/2026.

Are the GILT shares from options or existing holdings?

They originate from the Employee Stock Options plan and are option-based. The filing shows the awards and states Cash- Upon Exercise, indicating exercise will generate the shares before any sale.

When is the exercise or action date shown in the filing for GILT?

The filing lists 02/17/2026 alongside the securities and option entries. That date appears as the relevant action date for the disclosed option-related shares.

How many separate option awards are included in the GILT notice?

Two separate awards are listed: one for 8,035 shares and another for 7,465, which together total 15,500 ordinary shares under the Employee Stock Options plan.

Does the form state how proceeds will be used or who receives them?

The excerpt specifies Cash- Upon Exercise as the mechanism to obtain the shares, but it does not state how sale proceeds will be used or who receives them in this excerpt.