Hamid Akhavan - 12 Sep 2025 Form 4 Insider Report for EchoStar CORP (SATS)

Role
PRESIDENT AND CEO, Director
Signature
/s/ Hamid Akhavan, by Dean A. Manson, Attorney-in-Fact
Issuer symbol
SATS
Transactions as of
12 Sep 2025
Net transactions value
-$13,750,512
Form type
4
Filing time
16 Sep 2025, 18:58:52 UTC
Previous filing
07 Jan 2025
Next filing
15 Dec 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Akhavan Hamid PRESIDENT AND CEO, Director 9601 S. MERIDIAN BLVD., ENGLEWOOD /s/ Hamid Akhavan, by Dean A. Manson, Attorney-in-Fact 16 Sep 2025 0001295252

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SATS Class A Common Stock Options Exercise $3,876,021 +233,918 +62% $16.57 610,723 12 Sep 2025 Direct
transaction SATS Class A Common Stock Sale $12,799,842 -170,824 -28% $74.93 439,899 12 Sep 2025 Direct F1
transaction SATS Class A Common Stock Sale $4,826,691 -63,094 -14% $76.50 376,805 12 Sep 2025 Direct F2
holding SATS Class A Common Stock 327 12 Sep 2025 I F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SATS Employee Stock Option (Right to Buy) Options Exercise $0 -233,918 -33% $0.000000 467,836 12 Sep 2025 Class A Common Stock 233,918 $16.57 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Based on a weighted average sale price. The shares reported in this transaction were sold at prices ranging from $74.81 to $75.08. Information regarding the number of shares sold at each separate price will be made available upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer.
F2 Based on a weighted average sale price. The shares reported in this transaction were sold at prices ranging from $76.50 to $76.61. Information regarding the number of shares sold at each separate price will be made available upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer.
F3 By 401(K).
F4 The option vests in three equal annual installments beginning on December 31, 2024.