FMR reports 15% passive stake in EchoStar
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Rhea-AI Filing Summary
FMR LLC and Abigail P. Johnson report significant passive ownership of EchoStar Corp Class A common stock on a Schedule 13G/A. They beneficially own 24,487,775.60 shares, representing 15.0% of the class, with FMR LLC holding sole voting power over 24,103,068.36 shares.
The securities are reported as acquired and held in the ordinary course of business and not for the purpose of changing or influencing control of EchoStar. One or more other persons may receive dividends or sale proceeds, but no such person holds more than five percent of the outstanding Class A shares.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake in EchoStar Corp (SATS) does FMR LLC report on this Schedule 13G/A?
What is Abigail P. Johnson’s reported beneficial ownership in EchoStar Corp (SATS)?
Is FMR LLC’s EchoStar (SATS) ownership intended to influence control of the company?
Who may receive dividends or sale proceeds from FMR LLC’s EchoStar (SATS) holdings?
What type of security in EchoStar Corp (SATS) is reported in this Schedule 13G/A?
AI-generated analysis. How Rhea-AI works. Not financial advice.