Dodge & Cox updates tiny EchoStar (SATS) stake at 32,443 shares

Rhea-AI Filing Summary

Dodge & Cox has updated its ownership report on EchoStar Corporation’s Class A common stock. As of the event date, it reports beneficial ownership of 32,443 shares, representing 0.0% of the outstanding class.

The firm states it holds these securities in the ordinary course of business and affirms they were not acquired to change or influence control of EchoStar. Dodge & Cox also reports sole voting and dispositive power over all 32,443 shares, with no shared voting or dispositive authority.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 3)

EchoStar Corporation

(Name of Issuer)

Class A Common Stock

(Title of Class of Securities)

278768106

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 278768106

1

Names of Reporting Persons

Dodge & Cox

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CALIFORNIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 32,443.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 32,443.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

32,443.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.0 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: EchoStar Corporation
(b)	Address of issuer's principal executive offices: 9601 South Meridian Boulevard, Englewood, Colorado 80112
Item 2.
(a)	Name of person filing: Dodge & Cox
(b)	Address or principal business office or, if none, residence: 555 California Street 40th Floor, San Francisco, CA 94104
(c)	Citizenship: California, USA
(d)	Title of class of securities: Class A Common Stock
(e)	CUSIP No.: 278768106
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 32,443
(b)	Percent of class: 0.0 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 32,443
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 32,443
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dodge & Cox

Signature:	/S/ Katherine M. Primas
Name/Title:	Chief Compliance Officer
Date:	02/13/2026

FAQ

What does the Schedule 13G/A filed for EchoStar (SATS) show?

The Schedule 13G/A shows that Dodge & Cox reports beneficial ownership of EchoStar Class A common stock. It discloses share count, percentage of the class, and the firm’s voting and dispositive powers, along with a certification that holdings are in the ordinary course of business.

How many EchoStar (SATS) shares does Dodge & Cox report owning?

Dodge & Cox reports beneficial ownership of 32,443 EchoStar Class A common shares. The filing states this entire amount is subject to sole voting and sole dispositive power, with no shared voting or shared dispositive authority over any additional EchoStar shares.

What percentage of EchoStar (SATS) does Dodge & Cox’s stake represent?

Dodge & Cox reports its 32,443 EchoStar Class A shares represent 0.0% of the class. The filing also notes this is ownership of five percent or less of the class, confirming it is a very small position relative to total outstanding shares.

Is Dodge & Cox seeking to influence control of EchoStar (SATS)?

No. Dodge & Cox certifies the EchoStar securities were acquired and are held in the ordinary course of business. It states they were not acquired and are not held to change or influence control of EchoStar, nor as part of any control-related transaction.

What is the key date referenced in the Dodge & Cox EchoStar (SATS) filing?

The filing lists December 31, 2025 as the date of the event requiring the statement. This date anchors when Dodge & Cox’s reported beneficial ownership of 32,443 EchoStar Class A shares and the related 0.0% ownership percentage were determined for disclosure.

What voting and dispositive powers does Dodge & Cox report for EchoStar (SATS) shares?

Dodge & Cox reports sole voting power over 32,443 EchoStar Class A shares and zero shared voting power. It also reports sole dispositive power over the same 32,443 shares, with no shared dispositive power, indicating exclusive authority over voting and disposition for this stake.