Director at EchoStar (SATS) granted 5,000 options at $120.60

Rhea-AI Filing Summary

EchoStar CORP director Dodge R. Stanton reported receiving a grant of stock options tied to the company’s Class A common stock. The award covers 5,000 Non-Employee Director Stock Options, each with an exercise price of $120.60 per share. According to the filing, the options were 100% vested on the grant date, so Stanton can choose to exercise them at any time before they expire. The options are scheduled to expire on April 1, 2031. Following this grant, Stanton holds derivative securities representing 5,000 underlying shares directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Dodge R Stanton

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

Options granted: 5,000 options Exercise price: $120.60 per share Underlying shares: 5,000 shares +2 more

5 metrics

Options granted 5,000 options Non-Employee Director Stock Option grant on April 1, 2026

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

Underlying shares 5,000 shares Class A Common Stock underlying the option grant

Total derivative holdings 5,000 options Total shares following transaction as reported

Option expiration April 1, 2031 Expiration date of Non-Employee Director Stock Option

Key Terms

Non-Employee Director Stock Option, grant/award acquisition, Class A Common Stock, derivative securities

4 terms

Non-Employee Director Stock Option financial

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

grant/award acquisition financial

"transaction_action: "grant/award acquisition""

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.

derivative securities financial

"derivativeTransactionCount for options treated as derivative"

Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.

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^*

Dodge R Stanton

(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/ R. Stanton Dodge, 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 insider transaction did EchoStar (SATS) report for Dodge R. Stanton?

EchoStar reported that director Dodge R. Stanton received a grant of 5,000 Non-Employee Director Stock Options. These options relate to Class A common stock and were awarded at no cost, representing a compensation-based equity award rather than an open-market purchase or sale.

How many EchoStar (SATS) stock options did Dodge R. Stanton receive?

Dodge R. Stanton received 5,000 Non-Employee Director Stock Options. Each option is tied to one share of EchoStar’s Class A common stock, giving him the right to buy up to 5,000 shares if he chooses to exercise the options before expiration.

What is the exercise price of Dodge R. Stanton’s EchoStar (SATS) options?

The options granted to Dodge R. Stanton have an exercise price of $120.60 per share. This means he can purchase EchoStar Class A common stock at $120.60 for each option exercised, regardless of the market price, any time before the options expire.

When do Dodge R. Stanton’s EchoStar (SATS) stock options expire?

Dodge R. Stanton’s Non-Employee Director Stock Options are scheduled to expire on April 1, 2031. He must exercise any portion he wishes to use before this expiration date; otherwise, the right to buy those shares will lapse automatically.

Are Dodge R. Stanton’s EchoStar (SATS) options subject to vesting conditions?

The options granted to Dodge R. Stanton were fully vested on the grant date. A footnote explains that 100% of the 5,000 underlying shares became exercisable immediately, so there is no waiting period before he can exercise the options.

How many EchoStar (SATS) derivative securities does Dodge R. Stanton hold after this grant?

Following the reported grant, Dodge R. Stanton holds derivative securities covering 5,000 underlying shares. The Form 4 shows total shares following the transaction as 5,000, indicating this award establishes his current option position as disclosed in the filing.