Gilat Revises Executive Pay Policy Ahead of Sept 8 Vote — Raises CEO Salary Cap 31% and Doubles Equity Limits
GILT is trading near its 52-week low of $9.104 (7.5% above the low) on light trading volume (0.3× avg).
Summary
Gilat filed a revised executive compensation policy ahead of its September 8 shareholder meeting, raising CEO and other executive pay caps substantially in response to investor feedback.
Key Events · Corporate Governance and Compliance · GILT
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Revised Compensation Policy Filed
Gilat replaced Annex B of its 2026 proxy with a revised executive compensation policy, citing changes made in response to investor feedback.
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CEO Pay Caps Raised
CEO base salary cap increased from NIS 130,000 to NIS 170,000 per month; combined annual bonus cap increased from 12 to 15 months of salary; annual equity compensation cap doubled from 12 to 24 months of salary.
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Other Executive Caps Raised
Other executives' base salary cap increased from NIS 90,000 to NIS 120,000 per month; bonus cap increased from 8 to 12 months; equity cap increased from 8 to 16 months.
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D&O Insurance Coverage Increased
Maximum D&O liability insurance coverage increased from $40 million to $60 million.
Analysis · GILT · Manufacturing
Ahead of the September 8 shareholder vote, Gilat has replaced the compensation policy attached to its 2026 proxy with a revised version that materially increases pay ceilings across the board. The CEO base salary cap rises from NIS 130,000 to NIS 170,000 per month, the CEO's combined annual bonus cap rises from 12 to 15 months of salary, and the CEO's annual equity-based compensation cap doubles from 12 to 24 months of salary. D&O insurance coverage also rises from $40 million to $60 million. The company states the changes respond to investor feedback, but the net effect is a more generous pay framework for top executives.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 30.1% of the 2014 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.11%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, GILT was trading at $9.79 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $754.1M. The 52-week trading range was $9.10 to $20.93. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.