ECHO (ECHO) holder files to sell 52,000 Class A shares after option exercise

Rhea-AI Filing Summary

Investor Hamid Akhavan filed to sell 52,000 Class A shares of ECHO on NASDAQ on August 4, 2026, following a stock option exercise, with Fidelity Brokerage Services LLC listed as broker. A prior sale of 52,586 Class A shares occurred on June 5, 2026.

Key Figures

Planned shares to be sold: 52,000 shares Reported value of planned sale: 4,659,232.10 Shares sold in past 3 months: 52,586 shares +1 more

4 metrics

Planned shares to be sold 52,000 shares Class A shares to be sold on 08/04/2026 on NASDAQ

Reported value of planned sale 4,659,232.10 Associated with 52,000 Class A shares on 08/04/2026

Shares sold in past 3 months 52,586 shares Class A shares sold on 06/05/2026

Value of past 3-month sale 6,362,906.00 Total for 52,586 Class A shares sold on 06/05/2026

Key Terms

Form 144, Stock Option Exercise, Securities Sold During The Past 3 Months

3 terms

Form 144 regulatory

"Filer Information | | | 144: Filer Information"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Stock Option Exercise financial

"Class A | 08/04/2026 | Stock Option Exercise | Issuer"

A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.

Securities Sold During The Past 3 Months regulatory

"144: Securities Sold During The Past 3 Months"

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Available on EDGAR 08/04/2026 - 03:21 PM Accepted by SEC EDGAR 08/04/2026 - 03:21 PM Learn about SEC filing dates

FAQ

What stock sale is disclosed for ECHO in this Form 144?

The filing discloses a planned sale of 52,000 Class A shares of ECHO on August 4, 2026 on NASDAQ, following a stock option exercise and using Fidelity Brokerage Services LLC as broker.

Who is the selling security holder in the ECHO Form 144?

The selling security holder is Hamid Akhavan, associated with an address in Englewood, Colorado. The notice covers a planned sale of 52,000 Class A shares and references a prior sale within the past three months.

How many ECHO shares has the filer sold in the past three months?

Over the past three months, the filer sold 52,586 Class A shares of ECHO on June 5, 2026, for total proceeds reported as 6,362,906.00, in addition to the newly planned 52,000-share sale.

What is the reported value of the planned ECHO share sale?

The planned sale of 52,000 Class A shares of ECHO is associated with a reported value of 4,659,232.10. This figure appears in the securities information section tied to the NASDAQ listing and the August 4, 2026 sale date.

What type of transaction underlies the ECHO Form 144 filing?

The Form 144 indicates the planned sale relates to a Stock Option Exercise by the issuer, with cash as the transaction method. The sale of 52,000 Class A shares is scheduled for August 4, 2026 on NASDAQ.

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
Class A	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	52000	4659232.10	159142240	08/04/2026	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 *
Class A	08/04/2026	Stock Option Exercise	Issuer			52000	08/04/2026	Cash

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Hamid Akhavan 9601 South Meridian Boulevard Englewood CO 80112	Class A	06/05/2026	52586	6362906.00

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)