SATS (NASDAQ: SATS) insider notice: 71,005 Class A shares planned sale

Rhea-AI Filing Summary

SATS submitted a Form 144 notice listing the proposed sale of 71,005 Class A shares via Fidelity Brokerage Services LLC. The shares relate to an option granted on 12/31/2023 and are listed with a sale date of 03/06/2026 and cash proceeds. The filing also shows that Hamid Akhavan sold 285,832 Class A shares on 12/11/2025 for $30,106,900.07.

Insights

Insider Transactions Analyst

Form 144 reports a planned sale of 71,005 Class A shares and a prior sale by Hamid Akhavan.

The notice lists 71,005 Class A shares tied to an option granted 12/31/2023, with a planned sale date of 03/06/2026 through Fidelity Brokerage Services LLC. The method is indicated as cash.

Separately, the filing records a prior disposition of 285,832 Class A shares by Hamid Akhavan on 12/11/2025 for $30,106,900.07. Timing and cash‑flow details beyond these lines are not provided in the excerpt.

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

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	71005	7634570.26	157527391	03/06/2026	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	03/06/2026	Option Granted - 12/31/2023	Issuer			71005	03/06/2026	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	12/11/2025	285832	30106900.07

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)

FAQ

What does the SATS Form 144 disclose about the planned sale?

The filing discloses a proposed sale of 71,005 Class A shares tied to an option granted on 12/31/2023, listed with a sale date of 03/06/2026 and executed through Fidelity Brokerage Services LLC for cash.

Who is the reported seller in the recent SATS Form 144 entry?

The Form 144 lists transactions routed through Fidelity Brokerage Services LLC and shows a prior sale by Hamid Akhavan, who disposed of 285,832 Class A shares on 12/11/2025 for $30,106,900.07.

How many shares did Hamid Akhavan sell recently according to the filing?

The excerpt reports that Hamid Akhavan sold 285,832 Class A shares on 12/11/2025, with the aggregate sale amount shown as $30,106,900.07 in the filing excerpt.

What option details are shown for the planned SATS sale?

The planned sale of 71,005 Class A shares is linked to an option granted on 12/31/2023. The filing lists the intended sale date as 03/06/2026 and the proceeds method as cash.

Does the Form 144 excerpt state proceeds recipient or use of proceeds for SATS?

The excerpt indicates the sale method as cash but does not specify who receives proceeds or how they will be used; the filing shows broker routing through Fidelity Brokerage Services LLC.