Welcome to our dedicated page for Echostar SEC filings (Ticker: SATS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The EchoStar Corporation (NASDAQ: SATS) SEC filings page on Stock Titan provides access to the company’s official regulatory disclosures as filed with the U.S. Securities and Exchange Commission. These documents include current reports on Form 8-K, quarterly and annual reports, and other filings that describe EchoStar’s operations in wireless, pay-TV, and broadband and satellite services, as well as its capital structure and significant transactions.
EchoStar’s Form 8-K filings, for example, outline material events such as the Amended and Restated License Purchase Agreement with Space Exploration Technologies Corp. (SpaceX) for AWS spectrum, and the creation of the EchoStar Capital division. These reports also document leadership appointments and changes, and provide context for major spectrum transactions and related consideration in SpaceX Class A common stock.
EchoStar’s periodic reports, referenced in its press releases, contain segment information for Pay-TV, Wireless, and Broadband & Satellite Services, along with explanations of non-GAAP measures like OIBDA and Adjusted OIBDA. The company’s filings also describe its 3.875% Convertible Senior Secured Notes due 2030, including conditions under which the notes become convertible into cash, EchoStar common stock, or a combination of both.
On Stock Titan, AI-powered tools summarize lengthy EchoStar filings, helping readers understand key points such as spectrum agreements, segment performance, and capital allocation decisions without reading every page. Users can also track updates related to EchoStar’s listed Class A common stock on The Nasdaq Stock Market under the symbol SATS, and review how the company reports on its brands, including Boost Mobile, DISH TV, Sling TV and Hughes, in its official SEC documents.
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.
EchoStar Corp Schedule 13G/A amendment: The Vanguard Group amended its beneficial ownership disclosure and reports 0 shares of EchoStar Corp common stock, representing 0% of the class. The filing states Vanguard completed an internal realignment and will report certain subsidiaries' holdings separately in reliance on SEC Release No. 34-39538.
The filing further states that Vanguard and its managed accounts have the right to receive dividends or proceeds where applicable and that no other person holds more than 5% of the class according to the disclosure.
EchoStar Corporation and related DISH entities entered into a Restructuring Support Agreement with an ad hoc group representing more than 82% of DISH DBS Corporation noteholders. The transactions under this agreement are expected to significantly deleverage the Company and include the prepayment, without penalty, of certain DDBS notes.
Separately, on March 16, 2026, DBS SubscriberCo prepaid without penalty its outstanding 11.25% term loan and 13.75% preferred membership interests totaling approximately $1.6 billion. The agreement also provides added protections for the DDBS notes, greater financial and strategic flexibility, and includes a mutual agreement to dismiss all pending litigation with prejudice.
EchoStar CORP director and executive Hamid Akhavan exercised stock options and sold a portion of the resulting shares. On March 6, 2026, he exercised options for 20,417 Class A shares at $14.04 and 233,918 shares at $16.57, converting derivative awards into common stock.
On the same date, he conducted an open‑market sale of 71,005 Class A shares at an average price of $107.52, with trades ranging from $107.41 to $107.94 as disclosed in the footnotes. After these transactions, he directly holds 823,293 Class A shares and indirectly holds 327 additional shares through a 401(k) plan, indicating that most of the exercised shares were retained rather than sold.
EchoStar CORP chief legal officer Dean Manson reported option exercises and share sales in Class A common stock. On March 5, 2026, he exercised employee stock options covering 7,631 shares and 14,000 shares at an exercise price of $14.04 per share, receiving the same number of Class A shares.
That day he sold 7,631 shares at a weighted average price of $114.51 (with individual prices from $114.31 to $114.80) and 11,400 shares at a weighted average price of $114.60 (prices from $114.33 to $114.80). After these transactions, he held 4,998 Class A shares directly and 1,106 shares indirectly through a 401(k).
Footnotes state that for one option grant, 40% of the underlying shares vested immediately and the remaining 60% vest 30% on each of April 1, 2025 and April 1, 2026. A separate option grant vests 25% each year on April 1, 2025, 2026, 2027 and 2028.
EchoStar CORP officer John Swieringa reported option exercises and share sales in Class A common stock. On March 4, 2026, he exercised employee stock options for 35,088 shares, with 105,264 options remaining afterward, and received common shares at an exercise price of $16.57 per share.
That same day, he sold 15,000 shares at a weighted average price of $114.04 and 35,088 shares at a weighted average price of $113.39 in open-market transactions. After these trades, he directly owned 253,535 common shares and indirectly held 809 shares through a 401(k) account.
SATS submitted a Form 144 notice listing the proposed sale of 71,005 Class A shares via Fidelity Brokerage Services LLC. The shares relate to an option granted on 12/31/2023 and are listed with a sale date of 03/06/2026 and cash proceeds. The filing also shows that Hamid Akhavan sold 285,832 Class A shares on 12/11/2025 for $30,106,900.07.
Fidelity Brokerage Services LLC submitted a Form 144 notice to sell Class A shares of SATS. The filing lists multiple lots of Class A securities tied to grants, ESPP purchases and restricted stock vesting with dated entries ranging from 06/14/2023 through 03/04/2026. The largest single lot shown is 35,088 shares listed on 03/04/2026. The schedule shows various smaller lots including 13,088 shares (01/01/2026), 1,537 shares (10/01/2025), and multiple ESPP purchase tranches.
EchoStar Corporation uses this annual report to explain a major strategic shift driven by U.S. spectrum regulators. After an FCC review of its build-out obligations, the company agreed to two large spectrum sales and terminated deployment of its standalone 5G network.
Under a License Purchase Agreement with AT&T, EchoStar will sell all of its 3.45–3.55 GHz and 600 MHz spectrum licenses and extend certain Hawaii leases for an aggregate $22.650 billion cash purchase price, subject to adjustments and a $18.6 billion minimum. Proceeds are earmarked to repay a $2.844 billion DISH intercompany loan tranche and redeem $3.5 billion of 11 3/4% Senior Secured Notes due 2027.
A revised SpaceX License Purchase Agreement values the transfer of AWS-4, H-Block and additional AWS-3 spectrum, plus related foreign assets, at approximately $20 billion, with up to $11 billion payable in SpaceX Class A common stock at $212 per share and the balance used to retire $9.821 billion of secured and convertible notes. SpaceX will also fund about $2 billion of interim debt service via cancellable loans and enter long‑term commercial agreements, including access to Starlink Direct to Cell and referral programs.
EchoStar recorded $17.632 billion of non‑cash impairments in 2025 tied mainly to abandoning large parts of its 5G network and certain broadband and satellite assets. The business is now organized into four segments—Pay‑TV, Wireless, Broadband and Satellite Services, and Other—with 6.998 million Pay‑TV, 7.511 million Wireless and 739,000 Broadband subscribers as of December 31, 2025.