Echostar Corp SEC Filings

BlackRock, Inc. filed an amendment to a Schedule 13G disclosing beneficial ownership of 16,237,931 shares of EchoStar CORP common stock, representing 10.4% of the class. The filing shows BlackRock has sole voting power over 15,780,809 shares and sole dispositive power over all 16,237,931 shares. The statement indicates the shares are held by certain business units of BlackRock and are owned in the ordinary course of business, not for the purpose of changing or influencing control. The filing is signed by Spencer Fleming, Managing Director, and includes exhibits for Power of Attorney and Item 7 details.

EchoStar Corp director and President & CEO Hamid Akhavan reported option exercise and share sales on 09/12/2025. He exercised 233,918 employee stock options at an exercise price of $16.57, creating 233,918 Class A shares. Following the exercise, Akhavan sold those shares in two transactions: 170,824 shares at a weighted average price of $74.93 and 63,094 shares at a weighted average price of $76.50, together equal to the 233,918 shares acquired. After these transactions he beneficially owned 376,805 Class A shares directly and 327 shares indirectly via a 401(k). The option vests in three equal annual installments beginning December 31, 2024, and the exercised options have an expiration date of December 31, 2033.

Paul Gaske, identified as COO, HUGHES and a reporting person for EchoStar CORP (SATS), reported multiple transactions dated 09/12/2025. The Form 4 shows several dispositions of Class A common stock (codes S) at prices ranging from $75.63 to $78.32 and acquisitions recorded with code M at $14.04. Reported non-derivative activity includes sales of 750, 1,444, 2,964, 5,075 shares and acquisitions of 2,964 and 5,075 shares (as shown). Table II reports two employee stock option grants at an exercise price of $14.04 dated 09/12/2025: one for 2,964 options and one for 5,075, each exercisable on specified dates with expiration 04/01/2034. The filing includes vesting schedules: 40% of one option grant vested immediately with remaining vesting on April 1, 2025 and April 1, 2026; the other grant vests 25% per year from April 1, 2025 through April 1, 2028. The form is signed by Paul Gaske via attorney-in-fact on 09/16/2025.

John Swieringa, President, Technology & COO of EchoStar Corporation (SATS), reported multiple option grants, exercises and open-market sales on 09/09/2025. The filing shows several option exercises at exercise prices of $14.04 and $16.57 and contemporaneous open-market sales of Class A common stock at weighted average prices in the range of approximately $80.88–$81.48. Specific transactions include sales of 27,276; 63,840; 11,696; 16,936; and 35,087 shares and related option exercises or conversions for matching amounts. Following the reported transactions the filing lists a total of 140,352 derivative securities (options) beneficially owned across grants shown, and 432 shares reported as owned following several sales. Vesting schedules and performance conditions are disclosed for certain grants, including immediate vesting of 40% of one grant and performance-based vesting for another through 12/31/2026.

Dean Manson, EchoStar (SATS) Chief Legal Officer, exercised employee stock options and sold an equal number of shares on 09/09/2025. He exercised options to purchase 60,000 Class A common shares at an exercise price of $14.04 per share and immediately sold 60,000 shares at weighted average prices totaling $81.24 per share (sales ranged $81.10 to $81.50). Following the transactions, the report shows 62,322 Class A shares beneficially owned and 1,106 shares held indirectly through a 401(k). The options exercised have an expiration date of 04/01/2034 and 40% of the grant vested immediately with the remainder vesting on 04/01/2025 and 04/01/2026 as described.

Paul W. Orban, reported as an officer (EVP, CFO, DISH) of EchoStar Corporation (ticker SATS), filed a Form 4 disclosing insider sales on 09/09/2025. The filing shows the disposition of 744 shares of Class A common stock at a reported price of $82.37 per share and a separate disposition of 470 shares. The form indicates 0 shares beneficially owned following the reported transactions and notes the shares were held indirectly via a 401(k). The filing is signed on behalf of Mr. Orban by an attorney-in-fact on 09/11/2025. The document contains only the described sale transactions and the 401(k) explanation.

Kathleen Q. Abernathy, a director of EchoStar Corporation (SATS), reported multiple transactions dated 09/09/2025. The filing shows three option grants for Non-Employee Director Stock Options covering 1,754, 10,000, and 5,000 underlying Class A shares with exercise prices of $40.02, $14.04, and $25.19 respectively; the filing states these option shares were 100% vested on the grant date. The same report records corresponding non-derivative transactions on that date: acquisitions (code M) of 1,754, 10,000, and 5,000 Class A shares and sales (code S) of those same share amounts. Reported sale prices are reflected as weighted averages: the 1,754-share sale averaged $82.37, the 10,000-share sale averaged $82.36, and the 5,000-share sale averaged $82.33, with disclosed price ranges for each sale in the explanation. Following the reported sales, the filing shows 0 Class A shares beneficially owned from those transactions.

Paul Gaske, EchoStar (SATS) COO, reported option and stock transactions on 09/08/2025. He was granted an employee stock option for 45,000 shares with an exercise price of $14.04 and an April 1, 2034 expiration; 23,520 options are listed as beneficially owned following the grant. The filing also shows a contemporaneous sale of 45,000 Class A shares at $80.25 and an acquisition entry of 45,000 shares at $14.04, reflecting the option grant and related transactions. After the reported transactions the filing lists 1,593 shares held directly and 750 shares held indirectly. The grant’s vesting schedule is disclosed: 40% vested immediately and the remaining 60% vests 30% per year on April 1, 2025 and April 1, 2026.

EchoStar Corporation (SATS) Form 144 notifies a proposed sale of 21,839 Class A shares through Fidelity Brokerage Services with an aggregate market value of $1,773,340.69. The shares represent a small fraction of the company’s outstanding 156,367,964 shares and are scheduled for sale on 09/09/2025 on NASDAQ.

The filing details how the seller acquired the securities: limited vesting events and an ESPP purchase between 06/14/2023 and 01/01/2025 totaling the reported lots (25; 44; 7,187; 14,583). No sales by the same person in the past three months are reported. The filer attests they have no undisclosed material information.