[144] EchoStar Corporation SEC Filing

Rhea-AI Filing Summary

EchoStar Corporation (SATS) Form 144 notifies a proposed sale of 21,839 Class A shares through Fidelity Brokerage Services with an aggregate market value of $1,773,340.69. The shares represent a small fraction of the company’s outstanding 156,367,964 shares and are scheduled for sale on 09/09/2025 on NASDAQ.

The filing details how the seller acquired the securities: limited vesting events and an ESPP purchase between 06/14/2023 and 01/01/2025 totaling the reported lots (25; 44; 7,187; 14,583). No sales by the same person in the past three months are reported. The filer attests they have no undisclosed material information.

Positive

• Transparent disclosure of acquisition dates and nature (restricted stock vesting and ESPP), aiding traceability
• Sale size is immaterial relative to total outstanding shares, limiting market impact
• No recent sales in the past three months reported for the seller, reducing concern about accelerated insider selling

Negative

• None.

Insights

Securities/Equity Analyst

TL;DR: Insider plans a modest sale of 21,839 Class A shares worth ~$1.77M; size is immaterial to total equity.

The proposed sale is small relative to EchoStar’s outstanding share count, implying limited dilution or market impact. The disposition is executed through a mainstream broker and arises from routine events (restricted stock vesting and ESPP purchases). Absence of other recent insider sales reduces concern about coordinated selling. For investors, this looks like standard monetization of vested awards rather than a signal of material company change.

Compliance/Risk Analyst

TL;DR: Filing is procedurally complete and includes standard attestations; no regulatory red flags apparent.

The Form 144 includes acquisition dates, transaction types, and payment nature, meeting disclosure norms. The seller affirms no undisclosed material adverse information and there are no reported sales in the prior three months. Use of a named broker and explicit sale date supports traceability. From a compliance perspective, documentation appears routine and in order.

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

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	21839	1773340.69	156367964	09/09/2025	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	06/14/2023	Restricted Stock Vesting	Issuer			25	06/14/2023	Compensation
Class A	06/30/2023	ESPP Purchase	Issuer			44	06/30/2023	Cash
Class A	01/04/2024	Restricted Stock Vesting	Issuer			7187	01/04/2024	Compensation
Class A	01/01/2025	Restricted Stock Vesting	Issuer			14583	01/01/2025	Compensation

* 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

Nothing to Report

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 is being sold in the EchoStar (SATS) Form 144 filing?

The filing reports a proposed sale of 21,839 Class A shares of EchoStar with an aggregate market value of $1,773,340.69.

When is the EchoStar insider sale scheduled to occur?

The approximate date of sale listed is 09/09/2025 on the NASDAQ through Fidelity Brokerage Services.

How were the securities acquired that are being sold?

The shares were acquired via restricted stock vesting and an ESPP purchase between 06/14/2023 and 01/01/2025 in the reported lots.

Does the Form 144 report other insider sales in the past three months?

No; the filing states Nothing to Report for securities sold during the past three months by the person for whose account the securities are to be sold.

Who is the broker handling the proposed sale?

The sale is routed through Fidelity Brokerage Services LLC at the address listed in the filing.