ECHO · Two EchoStar insiders (CEO and CLO) sold a combined $6.24M in…
EchoStar CORP · CLUSTER filed Jun 16, 2026 at 19:09 ET
At the news
NEUTRALIMPACT 2/10CLUSTER filed Jun 16, 2026 at 19:09 ET
Two EchoStar insiders (CEO and CLO) sold a combined $6.24M in open-market transactions over a 7-day window. The total represents just 0.018% of the $34.2B market cap, making this a routine, immaterial cluster with no signaling value.
- CEO Hamid Akhavan sold 45,100 shares at $121.00 for $5.45M on 2026-06-05
- CLO Dean Manson sold 6,000 shares at $130.39 for $782,340 on 2026-06-12
- Total open-market sales: $6.24M, or ~0.018% of $34.2B market cap
- CLO also exercised derivatives (non-cash) on the same day, indicating a typical cashless exercise-and-sell pattern