GILAT SATELLITE NETWORKS LTD (GILT) Form 6-K — Aug 31, 2026
Gilat Satellite Networks furnished a Form 6-K on August 31, 2026 announcing that the proposed Compensation Policy for Executive Officers for its 2026 Annual General Meeting has been replaced with a revised policy attached as Exhibit 99.1. The meeting date (September 8, 2026), record date (August 10, 2026), and agenda remain unchanged, and previously submitted proxy cards stay valid.
Key figures
- Agm date
- September 8, 2026, 12:00 p.m. Israel time
- Policy term
- 3 years
- Record date
- August 10, 2026
- Ceo bonus cap
- increased from 12 months (revised figure per strikethrough text reads fifteen/eighteen months)
- Bonus threshold
- at least 80% of Profitability Metric target
- Clawback window
- 3 years after payment upon financial restatement
- Non ceo bonus cap
- 12 months of base salary (revised from 8)
- Sign on bonus cap
- 6 months of base salary, minimum 12 months employment
- Option premium floor
- 5% over NASDAQ closing price prior to grant
- Separation grant cap
- 6 months base salary (non-CEO); 9 months (CEO)
- Ceo variable comp max
- 75% of total potential compensation (revised from 66%)
- Equity vesting minimum
- 3 years
- Annual bonus aggregate cap
- 15% of operating profit
- Director equity cap annual
- US$150,000 (revised from US$70,000)
- Dno insurance max coverage
- $60 million (revised from $40 million)
- Ceo base salary cap monthly
- NIS 170,000 (revised from NIS 130,000)
- Non ceo equity cap per year
- 16 months of base salary vesting (revised from 8)
- Other exec base salary cap monthly
- NIS 120,000 (revised from NIS 90,000)
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