EchoStar CORP (ECHO) director Wade reports sale of 5,000 Class A shares
Rhea-AI Filing Summary
EchoStar CORP director William David Wade reported two open-market sales of Class A Common Stock. On August 13, 2026, he sold 2,425 shares at $91.48 per share, and on August 12, 2026 he sold 2,575 shares at $92.65 per share. A separate entry shows 443 shares of Class A Common Stock held indirectly "By Trust" following the reported transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,000 shares
Net Sell
3 txns
Insider
Wade William David
Role
Director
Sold
5,000 shs ($460K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,425 | $91.48 | $222K |
| Sale | Class A Common Stock | 2,575 | $92.65 | $239K |
| holding | Class A Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 324 shares (Direct);
Class A Common Stock — 443 shares (Indirect, I)
Footnotes (1)
- F1. By Trust.
Key Figures
Shares sold on 2026-08-13: 2,425 shares of Class A Common Stock
Price on 2026-08-13: $91.48 per share
Shares sold on 2026-08-12: 2,575 shares of Class A Common Stock
+3 more
6 metrics
Shares sold on 2026-08-13
2,425 shares of Class A Common Stock
Open-market or private sale at $91.48 per share by director Wade
Price on 2026-08-13
$91.48 per share
Sale of 2,425 EchoStar Class A shares
Shares sold on 2026-08-12
2,575 shares of Class A Common Stock
Open-market or private sale at $92.65 per share by director Wade
Price on 2026-08-12
$92.65 per share
Sale of 2,575 EchoStar Class A shares
Indirect shares held by trust
443 shares
Indirect ownership entry annotated with footnote “By Trust.”
Net shares sold
5,000 shares
transactionSummary netBuySellShares with net-sell direction
Key Terms
Class A Common Stock, open market or private transaction, indirect ownership, Rule 10b5-1, +1 more
5 terms
Class A Common Stock financial
"security_title is listed as Class A Common Stock for all entries"
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.
open market or private transaction financial
"transaction_code_description states Sale in open market or private transaction"
indirect ownership financial
"ownership_type is indirect and nature_of_ownership annotated By Trust"
Rule 10b5-1 regulatory
"aff_10b5_one indicates the Rule 10b5-1 checkbox status"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
By Trust. financial
"footnote F1 states By Trust. describing the indirect holding"
FAQ
What insider transactions did EchoStar CORP (ECHO) report for William David Wade?
EchoStar director William David Wade reported two sales totaling 5,000 shares of Class A Common Stock on August 12–13, 2026. The trades were reported as open market or private transactions under transaction code S.
Were William David Wade’s EchoStar (ECHO) trades made under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not checked (aff_10b5_one is false), indicating these reported transactions were not affirmed as made under a Rule 10b5-1 trading plan in this Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.
