EchoStar director exercises 5,000 stock options
EchoStar CORP director Dodge R. Stanton automatically exercised a Non-Employee Director Stock Option for 5,000 shares of Class A Common Stock at $24.4900 per share.
Rhea-AI Filing Summary
EchoStar CORP director Dodge R. Stanton automatically exercised a Non-Employee Director Stock Option for 5,000 shares of Class A Common Stock at $24.4900 per share. The option was fully vested and exercised automatically upon expiration under the company’s 2017 Non-Employee Director Stock Option Plan.
To cover the option exercise price and related tax obligations, 1,214 shares of Class A Common Stock were withheld by EchoStar at $100.8800 per share, a non‑market, tax-withholding disposition. Following these transactions, Stanton directly held 25,341 shares of Class A Common Stock and indirectly held 1,642 shares through a 401(K) account.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,000 shares exercised/converted
Exercise
4 txns
Insider
Dodge R Stanton
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Employee Director Stock Option | 5,000 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 5,000 | $24.49 | $122K |
| Exercise Price or Tax Liability | Class A Common Stock | 1,214 | $100.88 | $122K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Non-Employee Director Stock Option — 0 contracts (Direct);
Class A Common Stock — 25,341 shares (Direct);
Class A Common Stock — 1,642 shares (Indirect, I)
Footnotes (4)
- F1. The transactions reported herein were automatically effected upon the expiration of the option pursuant to the terms of the Issuer's 2017 Non-Employee Director Stock Option Plan and NED Stock Option Agreement.
- F2. Represents shares withheld by the Issuer to cover the exercise price of the option and certain tax obligations in connection with the automatic exercise of the vested options listed in Table II.
- F3. By 401(K).
- F4. The shares underlying the option were 100% vested upon the date of the grant.
Key Figures
Options exercised: 5,000 shares
Option exercise price: $24.4900/share
Shares withheld for taxes: 1,214 shares
+4 more
7 metrics
Options exercised
5,000 shares
Non-Employee Director Stock Option, Class A Common Stock
Option exercise price
<money>$24.4900</money>/share
Non-Employee Director Stock Option
Shares withheld for taxes
1,214 shares
Tax and exercise price withholding on automatic exercise
Withholding price
<money>$100.8800</money>/share
Value used for shares withheld for tax and exercise
Direct holdings after transaction
26,555 shares
Class A Common Stock, direct ownership
Indirect holdings after transaction
1,642 shares
Class A Common Stock held via 401(K) account
Derivative position remaining
0 options
derivativeSummary shows no remaining options after exercise
Key Terms
Non-Employee Director Stock Option, 2017 Non-Employee Director Stock Option Plan, tax obligations, automatic exercise, +1 more
5 terms
Non-Employee Director Stock Option financial
"The transactions reported herein were automatically effected upon the expiration of the option pursuant to the terms of the Issuer's 2017 Non-Employee Director Stock Option Plan and NED Stock Option Agreement."
2017 Non-Employee Director Stock Option Plan financial
"upon the expiration of the option pursuant to the terms of the Issuer's 2017 Non-Employee Director Stock Option Plan and NED Stock Option Agreement."
tax obligations financial
"Represents shares withheld by the Issuer to cover the exercise price of the option and certain tax obligations in connection with the automatic exercise of the vested options listed in Table II."
automatic exercise financial
"in connection with the automatic exercise of the vested options listed in Table II."
401(K) financial
"By 401(K)."
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did EchoStar (ECHO) director Dodge R. Stanton report in this Form 4?
Dodge R. Stanton reported an automatic exercise of a Non-Employee Director Stock Option for 5,000 EchoStar Class A shares and related tax-withholding. The filing reflects a compensation-driven equity exercise rather than an open-market stock purchase or sale.
How were the terms of Dodge Stanton’s EchoStar (ECHO) option defined?
The option exercised by Dodge Stanton was a Non-Employee Director Stock Option with a conversion or exercise price of $24.4900 per share. It was 100% vested on the grant date and automatically exercised upon expiration under the 2017 Non-Employee Director Stock Option Plan.
What does the tax-withholding entry mean in Dodge Stanton’s EchoStar (ECHO) Form 4?
The tax-withholding entry reflects 1,214 EchoStar Class A shares withheld by the issuer at $100.8800 per share. These shares were used to satisfy the option exercise price and associated tax liabilities, a routine non-cash settlement method for equity compensation.
AI-generated analysis. How Rhea-AI works. Not financial advice.
