FMR discloses 10% EchoStar (SATS) ownership in amended 13G/A
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
FMR LLC filed an amended Schedule 13G reporting beneficial ownership of 16,336,546.70 shares of EchoStar Corp Class A common stock, representing 10.0% of the class as of the event date 12/31/2025. FMR reports sole voting power over 15,951,947.42 shares and sole dispositive power over 16,336,546.70 shares. Abigail P. Johnson is also listed as a reporting person with sole dispositive power over the same 16,336,546.70 shares but no voting power. The securities are certified as acquired and held in the ordinary course of business, not for the purpose of changing or influencing control of EchoStar.
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FAQ
What ownership stake does FMR LLC report in EchoStar (SATS)?
FMR LLC reports beneficial ownership of 16,336,546.70 EchoStar Class A common shares, representing 10.0% of the outstanding class. This reflects a significant institutional position disclosed on an amended Schedule 13G as of the event date December 31, 2025.
Who are the reporting persons in this EchoStar (SATS) Schedule 13G/A?
The reporting persons are FMR LLC and Abigail P. Johnson. FMR reports sole voting and dispositive power over EchoStar shares, while Johnson reports sole dispositive power over the same share amount but no voting power, reflecting her control relationship with FMR.
What does the 10.0% figure in the EchoStar (SATS) filing represent?
The 10.0% figure represents the percentage of EchoStar’s Class A common stock beneficially owned by the reporting persons. It is calculated using the 16,336,546.70 shares reported as beneficially owned compared with the total outstanding shares of this class.
Does FMR LLC state any intent to influence control of EchoStar (SATS)?
The filing certifies the securities were acquired and are held in the ordinary course of business. It specifically states they were not acquired and are not held for changing or influencing the control of EchoStar, consistent with a passive Schedule 13G filing.