Hamid Akhavan - Sep 12, 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
Stock symbol
SATS
Transactions as of
Sep 12, 2025
Transactions value $
-$13,750,512
Form type
4
Date filed
9/16/2025, 06:58 PM
Previous filing
Jan 7, 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 2025-09-16 0001295252

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SATS Class A Common Stock Options Exercise $3.88M +234K +62.08% $16.57 611K Sep 12, 2025 Direct
transaction SATS Class A Common Stock Sale -$12.8M -171K -27.97% $74.93 440K Sep 12, 2025 Direct F1
transaction SATS Class A Common Stock Sale -$4.83M -63.1K -14.34% $76.50 377K Sep 12, 2025 Direct F2
holding SATS Class A Common Stock 327 Sep 12, 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 -234K -33.33% $0.00 468K Sep 12, 2025 Class A Common Stock 234K $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.