SATS EchoStar CORP
Price Chart
Executive Summary
EchoStar CEO Hamid Akhavan filed a Form 144 notice of intent to sell 52,586 Class A shares (~$6.36M at the filing date price), representing a small fraction of his total reported holdings of ~$158.5M. The sale is tied to a stock option exercise and is routine in nature, but the CEO's role and the timing ahead of any earnings cycle warrant monitoring.
Actionable Insight
The proposed sale is small relative to market cap but large relative to the CEO's personal stake. Monitor for actual execution on Form 4; if the full block is sold, it could signal reduced insider conviction. No immediate catalyst — treat as low-signal noise unless accompanied by other insider sales.
Key Facts
- CEO Hamid Akhavan filed Form 144 to sell 52,586 Class A shares.
- Estimated aggregate market value of shares to be sold: ~$6,362,906.
- Total shares beneficially owned (as of 3/6/2026): 71,005 shares valued at ~$7.63M.
- Sale is tied to a stock option exercise (issuer transaction).
- Filing date: June 5, 2026; proposed sale date also June 5, 2026.
- Shares are to be sold through Fidelity Brokerage Services LLC.
Financial Impact
Proposed sale of ~$6.36M in shares, representing ~0.02% of EchoStar's $36.1B market cap and ~83% of the CEO's reported holdings (71,005 shares).
Risk Factors
- CEO selling a significant portion of his reported holdings could signal reduced confidence if executed fully.
- Form 144 is only an intent to sell — the sale may not occur, but the filing itself is a disclosure of intent.
Market Snapshot
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001959173-26-004372 |
| Document: 0001959173-26-004372-index.html | 0001959173-26-004372 |
| Document: 0001959173-26-004372.txt | 0001959173-26-004372 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 5, 2026
7d ago
|
144
| $117.49 awaiting T+1 | awaiting T+1 | — | $114.08 (−2.90%) |
|
Jun 4, 2026
8d ago
|
144
| $124.64 $116.28 | ▼ −6.71% | ▼ −4.11% | $114.08 (−8.47%) |
|
Mar 4, 2026
14w ago
|
Insider Cluster
| $114.03 $110.85 | ▲ +2.79% | ▲ +2.22% | $114.08 (−0.04%) |
|
Mar 4, 2026
14w ago
|
Insider Cluster
| $114.03 $110.85 | ▼ −2.79% | ▼ −2.22% | $114.08 (+0.04%) |
|
Feb 28, 2026
14w ago
|
Institutional Cluster
| $118.68 $116.90 | ▼ −1.50% | ▼ −0.59% | $114.08 (−3.88%) |
US Market Status
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