EchoStar (SATS) director gets fully vested option grant for 5,000 shares

Rhea-AI Filing Summary

EchoStar CORP director Kathleen Q. Abernathy received a grant of stock options covering 5,000 shares of Class A Common Stock. The non-employee director stock option was awarded at an exercise price of $120.60 per share and carries no purchase price at grant.

The option expires on April 1, 2031 and all 5,000 underlying shares were 100% vested on the grant date, meaning they became exercisable immediately. Following this award, Abernathy holds derivative securities representing 5,000 shares directly as part of her director compensation, rather than through an open-market purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Abernathy Kathleen Q

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Non-Employee Director Stock Option	5,000	$0.00	--

Holdings After Transaction: Non-Employee Director Stock Option — 5,000 shares (Direct)

Footnotes (1)

1. [object Object]

Key Figures

Option shares granted: 5,000 shares Exercise price: $120.60 per share Shares following transaction: 5,000 derivative shares +1 more

4 metrics

Option shares granted 5,000 shares Non-Employee Director Stock Option award

Exercise price $120.60 per share Strike price for Class A Common Stock options

Shares following transaction 5,000 derivative shares Total derivative securities held directly after grant

Expiration date April 1, 2031 Option term end for the director grant

Key Terms

Non-Employee Director Stock Option, Class A Common Stock, exercise price, vested

4 terms

Non-Employee Director Stock Option financial

"security_title: "Non-Employee Director Stock Option""

Class A Common Stock financial

"underlying_security_title: "Class A Common Stock""

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.

exercise price financial

"conversion_or_exercise_price: "120.6000""

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

vested financial

"The shares underlying the option were 100% vested upon the date of the grant."

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Abernathy Kathleen Q

(Last) (First) (Middle)

9601 S. MERIDIAN BLVD.

(Street)

ENGLEWOOD COLORADO 80112

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
EchoStar CORP [ SATS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Non-Employee Director Stock Option	$120.6	04/01/2026		A		5,000		(1)	04/01/2031	Class A Common Stock	5,000	$0	5,000	D

Explanation of Responses:

1. The shares underlying the option were 100% vested upon the date of the grant.

	/s/ Kathleen Q. Abernathy, by Dean A. Manson, Attorney-in-Fact	04/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did EchoStar (SATS) director Kathleen Q. Abernathy receive in this Form 4?

Kathleen Q. Abernathy received a grant of options on 5,000 EchoStar Class A Common shares. The award is a non-employee director stock option, provided as compensation rather than an open-market stock purchase, and gives her the right to buy shares at a fixed exercise price.

What is the exercise price of the new EchoStar (SATS) director stock options?

The non-employee director stock option was granted with an exercise price of $120.60 per share. This means Abernathy can choose to buy up to 5,000 EchoStar Class A Common shares at $120.60, regardless of the market price at the time she exercises.

When do Kathleen Q. Abernathy’s EchoStar (SATS) options vest and expire?

All 5,000 underlying shares were 100% vested on the grant date, April 1, 2026. The option is exercisable immediately and remains outstanding until its expiration on April 1, 2031, giving a five-year window during which she may elect to exercise.

Is the EchoStar (SATS) Form 4 for an open-market stock purchase or a compensation grant?

The Form 4 reflects a compensation grant, not an open-market stock purchase. Abernathy received a non-employee director stock option for 5,000 shares at a $120.60 exercise price, with no cash paid per share at grant, making it a standard equity-based director compensation award.

How many EchoStar (SATS) derivative securities does Abernathy hold after this transaction?

After this transaction, Abernathy holds derivative securities representing 5,000 EchoStar Class A Common shares. These are held directly and come entirely from the newly granted non-employee director stock option that vests immediately and can be exercised any time before its 2031 expiration.