[144] EchoStar Corporation SEC Filing
EchoStar Corporation submitted a Form 144 reporting a proposed sale of Class A common stock. The notice lists 16,754 shares to be sold through Fidelity Brokerage Services LLC with an aggregate market value of $1,379,735.72 and shows 156,367,964 shares outstanding. The approximate sale date is 09/09/2025 on NASDAQ. The filing shows the securities were recorded as acquired on 09/09/2025 and attributed to options granted on 01/01/2023 (1,754 shares), 04/01/2024 (10,000 shares) and 04/01/2025 (5,000 shares); the method of payment is listed as Cash. The filer certifies they are not aware of any undisclosed material adverse information about the issuer.
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Insights
TL;DR: Routine insider sale notice for 16,754 Class A shares valued at $1.38M, scheduled for 09/09/2025.
The Form 144 is a standard regulatory disclosure indicating an intended sale by a person associated with EchoStar using Fidelity as broker. The filing provides precise quantities, acquisition origins tied to option grants, and cash payment. No prior sales in the last three months are reported. This type of filing typically notifies the market of a planned transfer of beneficial ownership but does not itself alter company fundamentals.
TL;DR: Compliance-focused filing showing transparency on timing, broker, and source of shares from option grants.
The disclosure conforms to Rule 144 notice requirements by listing class, broker, share count, market value, outstanding shares, and acquisition details. It includes the standard representation that no undisclosed material adverse information exists. From a governance perspective, the filing documents insider liquidity while preserving public disclosure standards; it does not indicate any governance or control changes.