John Swieringa - Sep 9, 2025 Form 4 Insider Report for EchoStar CORP (SATS)

Signature
/s/ John Swieringa, by Dean A. Manson, Attorney-in-Fact
Stock symbol
SATS
Transactions as of
Sep 9, 2025
Transactions value $
-$10,693,422
Form type
4
Date filed
9/11/2025, 05:15 PM
Previous filing
Jun 30, 2025
Next filing
Oct 3, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Swieringa John PRES, TECH & COO 9601 S. MERIDIAN BLVD., ENGLEWOOD /s/ John Swieringa, by Dean A. Manson, Attorney-in-Fact 2025-09-11 0001661534

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SATS Class A Common Stock Sale -$2.22M -27.3K -98.44% $81.24 432 Sep 9, 2025 Direct F1
transaction SATS Class A Common Stock Options Exercise $896K +63.8K +14777.78% $14.04 64.3K Sep 9, 2025 Direct
transaction SATS Class A Common Stock Sale -$5.18M -63.8K -99.33% $81.20 432 Sep 9, 2025 Direct F2
transaction SATS Class A Common Stock Options Exercise $164K +11.7K +2707.41% $14.04 12.1K Sep 9, 2025 Direct
transaction SATS Class A Common Stock Sale -$949K -11.7K -96.44% $81.18 432 Sep 9, 2025 Direct F3
transaction SATS Class A Common Stock Options Exercise $238K +16.9K +3920.37% $14.04 17.4K Sep 9, 2025 Direct
transaction SATS Class A Common Stock Sale -$1.37M -16.9K -97.51% $81.18 432 Sep 9, 2025 Direct F4
transaction SATS Class A Common Stock Options Exercise $581K +35.1K +8121.99% $16.57 35.5K Sep 9, 2025 Direct
transaction SATS Class A Common Stock Sale -$2.85M -35.1K -98.78% $81.20 432 Sep 9, 2025 Direct F5
holding SATS Class A Common Stock 809 Sep 9, 2025 I F6

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 -63.8K -70% $0.00 27.4K Sep 9, 2025 Class A Common Stock 63.8K $14.04 Direct F7
transaction SATS Employee Stock Option (Right to Buy) Options Exercise $0 -11.7K -66.67% $0.00 5.85K Sep 9, 2025 Class A Common Stock 11.7K $14.04 Direct F8
transaction SATS Employee Stock Option (Right to Buy) Options Exercise $0 -16.9K -25% $0.00 50.8K Sep 9, 2025 Class A Common Stock 16.9K $14.04 Direct F9
transaction SATS Employee Stock Option (Right to Buy) Options Exercise $0 -35.1K -20% $0.00 140K Sep 9, 2025 Class A Common Stock 35.1K $16.57 Direct F10
* 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 $81.09 to $81.48. 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 $80.88 to $81.45. 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 Based on a weighted average sale price. The shares reported in this transaction were sold at prices ranging from $80.88 to $81.43. 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.
F4 Based on a weighted average sale price. The shares reported in this transaction were sold at prices ranging from $80.89 to $81.43. 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.
F5 Based on a weighted average sale price. The shares reported in this transaction were sold at prices ranging from $80.88 to $81.43. 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.
F6 By 401(K).
F7 40% of the shares underlying these options vested immediately upon the grant date. The remaining 60% of the shares underlying these options vest 30% per year on each of April 1, 2025 and April 1, 2026.
F8 The grant is subject to achievement of certain performance criteria prior to December 31, 2026 and will vest based on achievement of such criteria. The performance criteria are not tied to the market price of the Issuer's securities. The shares exercised and sold represent 100% of the vested shares at the time of sale. The remainder of the shares underlying the options remain subject to performance criteria.
F9 The shares underlying these options vest 25% per year on each of April 1, 2025, April 1, 2026, April 1, 2027 and April 1, 2028.
F10 The shares underlying these options vest 20% per year on each of January 1, 2025, January 1, 2026, January 1, 2027, January 1, 2028 and January 1, 2029. Pursuant to the Merger Agreement, at the Effective Time, each option to purchase Issuer Class A Common Stock held by the Reporting Person was converted into a corresponding award with respect to EchoStar Class A Common Stock.