SATS EchoStar CORP

NEUTRAL Impact: 2/10 144
Horizon days Filed Jun 4, 2026 Processed 10d 14h ago SEC 0001959173-26-004343
Form 144 — notice of proposed sale of securities
Latest settled — T+1d ⚠ clustered
SATS ▼ -6.71% at T+1d
NEUTRAL call ✗ call lost -6.71% · α vs SPY -4.11% · entry $124.64 → $116.28
Next anchor: T+5d due 4d ago
Last close $114.08 (close Jun 12) · -8.47% from $124.64 entry
Entry anchored
Jun 4, 02:35 PM ET
via Databento tick
T+1d
-6.71%
call -6.71% · α -4.11%
$116.28
settled 10d ago
T+5d
call — · α —
due 4d ago
T+20d
call — · α —
in 18d
T+60d
call — · α —
in 2mo

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Executive Summary

Dean A. Manson, an officer of EchoStar, filed a Form 144 notice of intent to sell 10,000 Class A shares with an estimated aggregate market value of $1,195,000. The shares were acquired via a stock option exercise on June 4, 2026, and the sale is planned for the open market through Fidelity Brokerage Services. The proposed sale represents a small fraction of the officer's total holdings (approximately 0.75% of his 1,584,650 shares) and is negligible relative to EchoStar's $35.0B market cap.

Actionable Insight

This is a routine insider sale of option-exercise shares by an officer. The dollar amount is immaterial relative to market cap and the officer's total holdings. No material read-through for the stock; monitor for any subsequent Form 4 filings to confirm execution.

Key Facts

  • Officer Dean A. Manson filed Form 144 to sell 10,000 Class A shares
  • Estimated aggregate market value of proposed sale: $1,195,000
  • Shares acquired via stock option exercise on June 4, 2026
  • Officer held 1,584,650 shares as of the filing date
  • Sale represents ~0.63% of the officer's reported holdings
  • Proceeds are in cash; no derivative or hedging structure noted

Financial Impact

Proposed sale of $1.195M in shares, representing ~0.003% of EchoStar's $35.0B market cap

dilution

Risk Factors

  • Insider may not execute the sale — Form 144 is an intent notice only
  • If followed by additional large insider sales, could signal reduced conviction

Market Snapshot

Exchange
Nasdaq
Sector
Communications Services, NEC
Analyst Consensus
60% bullish (10 analysts)

Documents Analyzed

This report is based on 3 SEC documents filed with EDGAR.

DocumentAccession Number
144 Filing (Primary)0001959173-26-004343
Document: 0001959173-26-004343-index.html0001959173-26-004343
Document: 0001959173-26-004343.txt0001959173-26-004343
5 reports for SATS
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Type Now
Jun 5, 2026
9d ago
144
NEUTRAL ★ 3/10
$117.49 awaiting T+1awaiting T+1$114.08 (−2.90%)
Jun 4, 2026
10d ago
144
NEUTRAL ★ 2/10
$124.64 $116.28▼ −6.71%▼ −4.11%$114.08 (−8.47%)
Mar 4, 2026
14w ago
Insider Cluster
BEARISH ★ 7/10
$114.03 $110.85▲ +2.79%▲ +2.22%$114.08 (−0.04%)
Mar 4, 2026
14w ago
Insider Cluster
NEUTRAL ★ 4/10
$114.03 $110.85▼ −2.79%▼ −2.22%$114.08 (+0.04%)
Feb 28, 2026
15w ago
Institutional Cluster
MIXED ★ 6/10
$118.68 $116.90▼ −1.50%▼ −0.59%$114.08 (−3.88%)
Showing 5 of 5

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