John Swieringa - Oct 1, 2025 Form 4 Insider Report for EchoStar CORP (SATS)

Role: PRES, TECH & COO
Signature: /s/ John W. Swieringa, by Dean A. Manson, Attorney-in-Fact
Stock symbol: SATS
Transactions as of: Oct 1, 2025
Transactions value $: -$1,758,938
Form type: 4
Date filed: 10/3/2025, 09:51 PM
Previous filing: Sep 11, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Swieringa John	PRES, TECH & COO	9601 S. MERIDIAN BLVD., ENGLEWOOD	/s/ John W. Swieringa, by Dean A. Manson, Attorney-in-Fact	2025-10-03	0001661534

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SATS	Class A Common Stock	Options Exercise	$0	+50K	+18.01%	$0.00	328K	Oct 1, 2025	Direct	F1, F2
transaction	SATS	Class A Common Stock	Tax liability	-$1.76M	-22.1K	-6.75%	$79.50	306K	Oct 1, 2025	Direct	F1, F2, F3
holding	SATS	Class A Common Stock						809	Oct 1, 2025	I	F4

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)	Award	$0	+60K		$0.00	15K	Oct 1, 2025	Class A Common Stock	60K	$79.50	Direct	F5
transaction	SATS	Restricted Stock Units	Options Exercise	$0	-50K	-100%	$0.00	0	Oct 1, 2025	Class A Common Stock	50K		Direct	F1, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reported transaction involved the reporting person's vesting of restricted stock units (RSUs) awarded on June 26, 2025 and previously reported in Table II of Form 4. The total reported in Column 5 of this Form 4 includes the 200,000 remaining RSUs from the June 26, 2025 award, 77,193 additional RSUs previously reported in Table II of Form 4, and 441 shares of Class A Common Stock. In future filings, any awards of RSUs will be reported in Table I by the Reporting Person and Column 5 of Table I will include unvested RSUs.
F2	Includes shares acquired under the Company's Employee Stock Purchase Plan.
F3	Represents shares withheld to cover certain tax obligations in connection with the vesting of the RSUs.
F4	By 401(K).
F5	The option vests in three equal annual installments beginning on October 1, 2026.
F6	Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer, which will be issued to the Reporting Person immediately upon vesting.