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EchoStar CORP (ECHO) director plans 5,000-share, $459K sale

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

EchoStar CORP (ECHO) director William David Wade filed a Rule 144 notice for a planned sale of common stock. The filing covers up to 5,000 shares of EchoStar common stock to be sold through Raymond James & Associates on Nasdaq, with a stated aggregate value of $459,000.00. These shares were acquired from the issuer by option exercise for cash on 05/18/2026, and the proposed sale is indicated for on or before 08/13/2026. No other sales during the prior three months are listed in the notice.

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Shares to be sold 5,000 shares of common stock Amount of EchoStar CORP common stock covered by the Rule 144 notice
Aggregate value $459,000.00 Aggregate value listed for the 5,000 shares in the securities information section
Acquisition date 05/18/2026 Date the 5,000 shares were acquired by option exercise from the issuer
Proposed sale date 08/13/2026 Proposed date for the sale of the covered shares on Nasdaq
Rule Rule 144 Exemption under which the planned sale of EchoStar CORP shares is noticed
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Option Exercise financial
"Common | 05/18/2026 | Option Exercise | Issuer"
attorney-in-fact regulatory
"as attorney-in-fact for William David Wade"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

What does the Form 144 filing disclose about EchoStar CORP (ECHO)?

The filing discloses that a director of EchoStar CORP plans to sell up to 5,000 shares of EchoStar common stock under Rule 144, with a stated aggregate value of $459,000.00, through Raymond James & Associates on Nasdaq.

Who is selling EchoStar (ECHO) shares in this Form 144 and in what capacity?

The planned sale is for the account of William David Wade, identified as a director of EchoStar CORP. Raymond James & Associates, Inc. is listed as the broker handling the transaction, and the Form 144 notice is signed by an attorney-in-fact for him.

How many EchoStar (ECHO) shares are covered and what is their value?

The Rule 144 notice covers 5,000 shares of EchoStar CORP common stock. The filing lists an aggregate value of $459,000.00 for these shares in the securities information section.

When were the EchoStar (ECHO) shares acquired and by what method?

The 5,000 EchoStar CORP common shares were acquired on 05/18/2026 by option exercise from the issuer for cash, as stated in the securities-to-be-sold section of the notice.

What is the proposed timing and market for the sale of EchoStar (ECHO) shares?

The notice indicates a proposed sale date of 08/13/2026 for the 5,000 EchoStar CORP common shares. The shares are to be sold through Raymond James & Associates on Nasdaq.

Does the Form 144 mention recent prior sales of EchoStar (ECHO) shares?

The section for Securities Sold During The Past 3 Months does not list any transactions, indicating no other reported sales for the account covered by this notice in that period.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature