EchoStar CORP (ECHO) director exercises 8,508 options and sells matching shares
Rhea-AI Filing Summary
EchoStar CORP director Stephen J. Bye reported exercising fully vested non-employee director stock options and selling the resulting Class A Common Stock. On 7 August 2026 he exercised options for 3,508 shares at $26.60 and 5,000 shares at $25.19 per share, then sold 3,508 shares at $89.73 and 5,000 shares at $89.90 per share in market transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 8,508 shares ($545K approx. pre-tax spread)
Exercise and Sale
6 txns
Insider
BYE STEPHEN J
Role
Director
Sold
8,508 shs ($764K)
Approx. gross sale proceeds
$764K
Approx. exercise cost
$219K
Approx. pre-tax spread
$545K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Employee Director Stock Option F1 | 3,508 | $0.00 | $0.00 |
| Exercise | Non-Employee Director Stock Option F1 | 5,000 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 3,508 | $26.60 | $93K |
| Sale | Class A Common Stock | 3,508 | $89.73 | $315K |
| Exercise | Class A Common Stock | 5,000 | $25.19 | $126K |
| Sale | Class A Common Stock | 5,000 | $89.90 | $450K |
Holdings After Transaction:
Non-Employee Director Stock Option — 0 shares (Direct);
Class A Common Stock — 653 shares (Direct)
Footnotes (1)
- F1. The shares underlying the option were 100% vested upon the date of the grant.
Key Figures
Options exercised (shares): 3,508 shares
Options exercised (shares): 5,000 shares
Shares sold: 3,508 shares
+4 more
7 metrics
Options exercised (shares)
3,508 shares
Non-Employee Director Stock Option at $26.60 per share
Options exercised (shares)
5,000 shares
Non-Employee Director Stock Option at $25.19 per share
Shares sold
3,508 shares
Class A Common Stock sold at $89.73 per share on 7 August 2026
Shares sold
5,000 shares
Class A Common Stock sold at $89.90 per share on 7 August 2026
Total shares transacted
8,508 shares
Shares underlying exercised options and sold in same-day trades
Option expiration
1 April 2028
Expiration date for 3,508-share Non-Employee Director Stock Option
Option expiration
1 April 2030
Expiration date for 5,000-share Non-Employee Director Stock Option
Key Terms
Non-Employee Director Stock Option, derivative security, Class A Common Stock
3 terms
Non-Employee Director Stock Option financial
"security_title: "Non-Employee Director Stock Option""
derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Class A Common Stock financial
"underlying_security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What did EchoStar (ECHO) director Stephen J. Bye report on this Form 4?
Stephen J. Bye reported exercising stock options for 8,508 EchoStar shares and selling the resulting Class A Common Stock in two same-day market transactions on 7 August 2026.
How many EchoStar (ECHO) options did Stephen J. Bye exercise and at what prices?
He exercised options covering 3,508 shares at $26.60 and 5,000 shares at $25.19 per share. These were Non-Employee Director Stock Options that were reported as 100% vested on the grant date.
Was Stephen J. Bye’s EchoStar (ECHO) transaction a net buy or net sell?
The reported activity was a net sale of 8,508 EchoStar shares. He exercised options into 8,508 shares of Class A Common Stock and sold the same number of shares on the same date.
What type of EchoStar (ECHO) securities did Stephen J. Bye exercise?
He exercised Non-Employee Director Stock Options into Class A Common Stock. The filing notes that the shares underlying these options were 100% vested on the grant date.
AI-generated analysis. How Rhea-AI works. Not financial advice.