SATS Form 144 Filed for 29,060 Class A Shares on 08/27/2025

Rhea-AI Filing Summary

EchoStar Corporation (SATS) Form 144 notice reports a proposed sale of 29,060 Class A shares through Fidelity Brokerage Services with an aggregate market value of $1,617,189. The sale is scheduled for 08/27/2025 on NASDAQ. The filing lists prior acquisitions of the Class A shares via employee stock purchase plan (ESPP) purchases and restricted stock vesting between 03/31/2023 and 09/30/2024, and an option-related item dated 08/27/2025. A related recent sale by Paul W. Orban shows 2,089 shares sold on 08/26/2025 for $113,223.80. The filer certifies no undisclosed material information.

Positive

• Transparent compliance with Rule 144 requirements including broker, sale date, and acquisition details
• Detailed acquisition history showing ESPP purchases and restricted stock vesting that explain the seller's share basis

Negative

• None.

Insights

Securities Analyst

TL;DR Routine officer/insider selling notice showing planned disposal of 29,060 Class A shares with clear acquisition history.

The Form 144 is a standard notice required for proposed sales by persons deemed affiliates or insiders when resale exceeds Rule 144 thresholds. Key details are explicit: broker (Fidelity), sale date (08/27/2025), aggregate market value ($1,617,189) and outstanding shares (156,367,964). A recent nearby sale by Paul W. Orban (2,089 shares on 08/26/2025) is included. This filing provides transparency on timing and provenance of securities but does not include forward-looking company performance data.

Compliance Officer

TL;DR Filing meets Rule 144 disclosure form requirements and includes acquisition/payment details and signer certification.

The notice includes the necessary acquisition timeline (ESPP purchases, restricted stock vesting, option grant reference) and payment nature (cash, compensation). The signer attests to the absence of undisclosed material adverse information. No material omissions are evident in the provided text; the form appears procedurally complete for a planned sale notification.

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	29060	1617189.00	156367964	08/27/2025	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	03/31/2023	ESPP Purchase	Issuer			940	03/31/2023	Cash
Class A	06/14/2023	Restricted Stock Vesting	Issuer			25	06/14/2023	Compensation
Class A	01/04/2024	Restricted Stock Vesting	Issuer			125	01/04/2024	Compensation
Class A	06/28/2024	ESPP Purchase	Issuer			925	06/28/2024	Cash
Class A	09/30/2024	ESPP Purchase	Issuer			343	09/30/2024	Cash
Class A	08/27/2025	Option Granted 04/01/2024	Issuer			26702	08/27/2025	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
Paul W. Orban 9601 South Meridian Boulevard Englewood CO 80112	Class A	08/26/2025	2089	113223.80

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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 size sale does EchoStar's Form 144 for SATS report?

The Form 144 reports a proposed sale of 29,060 Class A shares with an aggregate market value of $1,617,189.

When is the proposed sale scheduled on the Form 144 for SATS?

The approximate date of sale listed is 08/27/2025 on NASDAQ via Fidelity Brokerage Services.

Who acted as the broker in the Form 144 filing for EchoStar (SATS)?

The broker named is Fidelity Brokerage Services LLC, located at 900 Salem Street, Smithfield, RI.

Does the filing show any recent related sales by the same person?

Yes. The filing shows Paul W. Orban sold 2,089 Class A shares on 08/26/2025 for $113,223.80.

What acquisition methods are listed for the shares to be sold?

Acquisitions include ESPP purchases (03/31/2023, 06/28/2024, 09/30/2024), restricted stock vesting (06/14/2023, 01/04/2024), and an option-related item dated 08/27/2025.