EchoStar (SATS) director receives 5,000 fully vested options

Rhea-AI Filing Summary

EchoStar CORP director Stephen J. Bye received a grant of stock options tied to 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 expires on April 1, 2031. The shares underlying the option were 100% vested on the grant date, and following this grant he holds 5,000 derivative securities directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider BYE STEPHEN J

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 grant size: 5,000 shares Exercise price: $120.60 per share Expiration date: April 1, 2031 +1 more

4 metrics

Option grant size 5,000 shares Non-Employee Director Stock Option underlying Class A Common Stock

Exercise price $120.60 per share Exercise price for the director stock option

Expiration date April 1, 2031 Option expiration for the director grant

Total derivative securities after grant 5,000 options Total Non-Employee Director Stock Options held directly following transaction

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"

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^*

BYE STEPHEN J

(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/ Stephen J. Bye, 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 Stephen J. Bye report in this Form 4?

Stephen J. Bye reported receiving a Non-Employee Director Stock Option covering 5,000 shares. The option relates to EchoStar Class A Common Stock and represents a compensation award rather than an open-market purchase or sale of existing shares.

How many EchoStar (SATS) shares are covered by the new option grant?

The option grant covers 5,000 shares of EchoStar Class A Common Stock. These are underlying shares tied to the option, meaning they can be acquired if the option is exercised at the stated exercise price.

What is the exercise price of Stephen J. Bye’s EchoStar (SATS) stock options?

The exercise price of the Non-Employee Director Stock Option is $120.60 per share. This is the price at which Stephen J. Bye can buy EchoStar Class A Common Stock if he chooses to exercise the option.

When do Stephen J. Bye’s EchoStar (SATS) options expire?

The Non-Employee Director Stock Option expires on April 1, 2031. After this expiration date, Stephen J. Bye would no longer be able to exercise the option to acquire the underlying EchoStar Class A Common Stock.

Are Stephen J. Bye’s EchoStar (SATS) options subject to vesting conditions?

The filing states that the shares underlying the option were 100% vested on the grant date. This means Stephen J. Bye’s right to exercise the option is fully earned immediately, without additional time-based vesting requirements.

Does this EchoStar (SATS) Form 4 show any stock sales or purchases?

The Form 4 reflects a grant of a Non-Employee Director Stock Option, categorized as an acquisition. It does not show any open-market purchases or sales of EchoStar Class A Common Stock by Stephen J. Bye.