EchoStar CLO sells 10,000 shares after option exercise
EchoStar chief legal officer Dean Manson exercised employee stock options for 10,000 shares of Class A Common Stock at $14.04 per share and sold 10,000 shares at $119.50 per share on June 4, 2026.
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Form Type
4
Rhea-AI Filing Summary
EchoStar chief legal officer Dean Manson exercised employee stock options for 10,000 shares of Class A Common Stock at $14.04 per share and sold 10,000 shares at $119.50 per share on June 4, 2026. The transactions were made under a pre-arranged Rule 10b5-1 trading plan. After these moves, he holds 5,058 shares directly and 1,143 shares indirectly.
Insider Trade Summary 10b5-1
Exercise and Sale: 10,000 shares ($1.05M approx. pre-tax spread)
Exercise and Sale
4 txns
Insider
Manson Dean
Role
CHIEF LEGAL OFFICER
Sold
10,000 shs ($1.20M)
Approx. gross sale proceeds
$1.20M
Approx. exercise cost
$140K
Approx. pre-tax spread
$1.05M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 10,000 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 10,000 | $14.04 | $140K |
| Sale | Class A Common Stock | 10,000 | $119.50 | $1.20M |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 32,000 contracts (Direct);
Class A Common Stock — 5,058 shares (Direct);
Class A Common Stock — 1,143 shares (Indirect, I)
Footnotes (4)
- F1. The transaction reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 5, 2026.
- F2. Includes shares acquired under the Company's Employee Stock Purchase Plan.
- F3. By 401(K).
- F4. The shares underlying these options vest 25% per year on each of April 1, 2025, April 1, 2026, April 1, 2027 and April 1, 2028.
Key Figures
Shares sold: 10,000 shares
Sale price: $119.50/share
Options exercised: 10,000 shares
+3 more
6 metrics
Shares sold
10,000 shares
Class A Common Stock sold at $119.50 on June 4, 2026
Sale price
$119.50/share
Open-market or private sale of 10,000 shares
Options exercised
10,000 shares
Employee Stock Option exercise at $14.04/share
Direct holdings after
5,058 shares
Class A Common Stock directly owned post-transaction
Indirect holdings after
1,143 shares
Indirectly owned, including ESPP and 401(k) shares
Option expiration
April 1, 2034
Employee Stock Option (Right to Buy) expiration date
Key Terms
Rule 10b5-1 trading plan, Employee Stock Purchase Plan, 401(K), Employee Stock Option (Right to Buy), +1 more
5 terms
Rule 10b5-1 trading plan financial
"The transaction reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 5, 2026."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Employee Stock Purchase Plan financial
"Includes shares acquired under the Company's Employee Stock Purchase Plan."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
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.
Employee Stock Option (Right to Buy) financial
"Employee Stock Option (Right to Buy) derivative transaction for 10,000.0000 shares."
Class A Common Stock financial
"Class A Common Stock non-derivative transaction of 10,000.0000 shares."
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did EchoStar (SATS) insider Dean Manson do in this Form 4?
Dean Manson exercised options for 10,000 EchoStar shares and sold 10,000 shares of Class A Common Stock. The activity reflects an exercise-and-sell pattern rather than a new open-market purchase, with direct holdings reported after the transactions.
What happened to Dean Manson’s EchoStar (SATS) stock options in this filing?
The filing shows exercise of 10,000 Employee Stock Option (Right to Buy) derivatives into 10,000 shares of Class A Common Stock at $14.04 per share. After exercise, 32,000 options remain outstanding, expiring on April 1, 2034, under the reported option grant.
AI-generated analysis. How Rhea-AI works. Not financial advice.
