EchoStar CORP (ECHO) director plans 5,000-share, $459K sale
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.
Positive
- None.
Negative
- None.
Key Figures
Shares to be sold: 5,000 shares of common stock
Aggregate value: $459,000.00
Acquisition date: 05/18/2026
+2 more
5 metrics
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
Key Terms
Rule 144, Option Exercise, attorney-in-fact
3 terms
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.