This is a routine Form 144 filing for a former insider exercising and selling options. The dollar amount is immaterial relative to market cap. No immediate trading action warranted; monitor for any subsequent Form 4 filings to confirm execution and for any pattern of larger insider sales.
Price Chart
Executive Summary
Hamid Akhavan, a former officer and director of EchoStar, filed a Form 144 notice of intent to sell 52,000 Class A shares valued at approximately $4.66 million. The shares were acquired via a stock option exercise on the same day. This is a routine insider sale following an option exercise, not a secondary offering or distressed liquidation, and represents a small fraction of the company's $24.8B market cap.
Key Facts
- Hamid Akhavan (former officer & director) filed Form 144 to sell 52,000 Class A shares
- Estimated aggregate sale value: $4,659,232.10
- Shares acquired via stock option exercise on 08/04/2026
- Sale represents ~0.003% of EchoStar's $24.8B market cap
- Fidelity Brokerage Services LLC is the broker for the proposed sale
Financial Impact
Proposed sale of 52,000 shares valued at ~$4.66M, representing a negligible ~0.02% of outstanding shares
Risk Factors
- Insider selling could signal reduced conviction if followed by additional filings
- Form 144 is an intent to sell; actual sale may not occur
Market Snapshot
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001959173-26-005609 |
| Document: 0001959173-26-005609-index.html | 0001959173-26-005609 |
| Document: 0001959173-26-005609.txt | 0001959173-26-005609 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 14, 2026 6w ago | Insider Cluster | $92.51 $92.10 | ▼ −0.44% | ▲ +1.53% | $88.25 (−4.60%) |
Aug 6, 2026 8w ago | 144 | $90.04 $89.80 | ▲ +0.27% | ▼ −0.13% | $88.25 (+1.99%) |
Aug 5, 2026 8w ago | 144 | $87.73 $86.69 | ▼ −1.19% | ▼ −0.58% | $88.25 (+0.59%) |
Aug 4, 2026 8w ago | 144 | $91.60 $86.04 | ▼ −6.07% | ▼ −4.83% | $88.25 (−3.66%) |
Jul 29, 2026 9w ago | Press Release | $86.13 $86.47 | ▲ +0.39% | ▼ −3.57% | $88.25 (+2.46%) |
Jul 28, 2026 9w ago | 8-K | $83.89 $85.61 | ▲ +2.05% | ▼ −2.97% | $88.25 (+5.20%) |
US Market Status
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