This is a routine governance update ahead of the annual meeting. No immediate trading catalyst. The increased compensation caps and D&O insurance limit are administrative and do not reflect any change in current compensation or operational performance.
Price Chart
Executive Summary
Gilat Satellite Networks filed a revised executive compensation policy on Form 6-K, replacing the proposed policy attached to its 2026 Annual Meeting proxy statement. The revisions were made in response to investor feedback and increase caps on base salary, cash bonuses, and equity-based compensation for executive officers, as well as the D&O insurance coverage limit. The filing is procedural and administrative in nature, with no material financial data or operational updates.
Key Facts
- Revised Compensation Policy for Executive Officers replaces the prior proposed policy (Annex B) for the 2026 Annual General Meeting to be held September 8, 2026.
- Changes were made in response to feedback received from investors.
- CEO/Executive Director base salary cap increased to NIS 170,000 per month (from NIS 130,000).
- Other executive base salary cap increased to NIS 120,000 per month (from NIS 90,000).
- Maximum annual bonus plus special bonus for CEO increased to 15-18 months' base salary (from 12 months).
- Maximum annual bonus plus special bonus for executives reporting to CEO increased to 12 months' base salary (from 8 months).
- Equity-based compensation cap for CEO increased to 24 months' base salary (from 12 months).
- Equity-based compensation cap for other executives increased to 16 months' base salary (from 8 months).
- D&O insurance coverage limit increased to $60 million (from $40 million).
- Variable compensation as a percentage of total potential compensation increased to up to 75% for CEO (from 66%) and up to 66% for other executives (from 57%).
- Meeting date (September 8, 2026) and record date (August 10, 2026) unchanged.
Financial Impact
No direct financial impact disclosed. The revised policy raises compensation caps but does not specify actual compensation amounts.
Risk Factors
- Shareholder vote on the revised compensation policy at the September 8, 2026 annual meeting may face opposition if investors view the increased caps as excessive.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001178913-26-004336 |
| Document: zk2636046.htm | 0001178913-26-004336 |
| Document: 0001178913-26-004336-index-headers.html | 0001178913-26-004336 |
| Document: 0001178913-26-004336-index.html | 0001178913-26-004336 |
| Document: 0001178913-26-004336.txt | 0001178913-26-004336 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 15, 2026 11d ago | Press Release | $8.05 $7.83 | ▼ −2.73% | ▼ −1.63% | $7.58 (−5.84%) |
Oct 15, 2026 11d ago | 6-K | $8.05 $7.83 | ▼ −2.73% | ▼ −1.63% | $7.58 (−5.84%) |
Oct 8, 2026 18d ago | 6-K | $9.32 $8.94 | ▼ −4.08% | ▼ −4.68% | $7.58 (−18.67%) |
Oct 7, 2026 19d ago | 6-K | $9.22 $9.32 | ▲ +1.08% | ▲ +1.51% | $7.58 (−17.79%) |
Oct 5, 2026 21d ago | Press Release | $9.40 $9.22 | ▼ −1.91% | ▼ −2.46% | $7.58 (−19.36%) |
Oct 5, 2026 21d ago | 6-K | $9.40 $9.22 | ▼ −1.91% | ▼ −2.46% | $7.58 (−19.36%) |
Aug 31, 2026 8w ago | 6-K | $9.90 $10.06 | ▲ +1.62% | ▲ +2.30% | $7.58 (−23.43%) |
Aug 31, 2026 8w ago | 6-K | $9.90 $10.06 | ▲ +1.62% | ▲ +2.30% | $7.58 (−23.43%) |
Aug 17, 2026 10w ago | 6-K | $11.24 $10.88 | ▼ −3.20% | ▼ −2.53% | $7.58 (−32.56%) |
Aug 10, 2026 10w ago | 6-K | $11.21 $11.62 | ▲ +3.66% | ▲ +3.41% | $7.58 (−32.38%) |
US Market Status
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