Monitor for Form 144 filings or future clusters; while this activity is within normal ranges, repeated sales could signal reduced confidence. No immediate red flag given the small proportion of market cap and common timing around option vesting.
How the stock moved after the report
⚠ Clustered NEUTRAL VIEWSTOCK ABOVE ENTRY AT T+60- T+0 · Mar 5 $110.85entry
- T+1 · 8mo ago −4.16%α −2.85% · $106.24
- T+5 · 8mo ago −2.83%α −0.59% · $107.71
- T+20 · 7mo ago +16.08%α +19.82% · $128.68
- T+60 · 5mo ago +14.95%α +3.61% · $127.42
Price Chart
REPLAYWatch the reaction play outHow similar events traded
Executive Summary
Two EchoStar executives, including the Chief Legal Officer and President of Technology & COO, sold shares in the past week, with total open-market proceeds of approximately $2.58 million. The sales were accompanied by derivative exercises, which are non-cash events and likely part of pre-arranged plans or option expirations.
Key Financial Metrics
Key Facts
- Manson Dean (Chief Legal Officer) sold 7,631 shares for $873,826 and exercised 15,262 derivative securities (two blocks of 7,631), one at $0 and one at $14.04 strike price.
- Swieringa John (President, Technology & COO) sold 15,000 shares for $1.71 million and exercised 35,088 derivative securities at $0.
- Total open-market sale value: $2,584,425.81.
- All derivative exercises are non-cash transactions (codes M and A), indicating no new capital outlay.
- Total insider sales represent ~0.0084% of EchoStar’s $30.7B market cap, well below 0.1%, indicating routine activity.
Financial Impact
$2.58 million in open-market share sales by two C-suite executives
Risk Factors
- Perception of insider selling may weigh on sentiment if misinterpreted.
- Future sales could accelerate if executives are exiting positions.
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (5 trades, 7d window) | cluster-SATS-1773100102802 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 16d ago | Institutional Cluster | $89.08 $89.26 | ▲ +0.20% | ▼ −0.51% | $94.62 (+6.22%) |
Oct 12, 2026 27d ago | Institutional Cluster | $95.10 $91.56 | ▼ −3.72% | ▼ −3.71% | $94.62 (−0.50%) |
Oct 2, 2026 5w ago | 8-K | $94.25 $98.21 | ▲ +4.20% | ▲ +3.53% | $94.62 (+0.39%) |
Sep 18, 2026 7w ago | DEFA14A | $95.36 $95.46 | ▲ +0.10% | ▲ +0.12% | $94.62 (−0.78%) |
Sep 18, 2026 7w ago | DEF 14A | $95.36 $95.46 | ▲ +0.10% | ▲ +0.12% | $94.62 (−0.78%) |
Sep 17, 2026 7w ago | Press Release | $94.08 $93.46 | ▼ −0.66% | ▼ −0.79% | $94.62 (+0.57%) |
Aug 14, 2026 12w ago | Insider Cluster | $92.51 $90.00 | ▼ −2.71% | ▼ −2.04% | $94.62 (+2.28%) |
Aug 6, 2026 13w ago | 144 | $90.04 $89.15 | ▲ +0.99% | ▲ +0.96% | $94.62 (−5.09%) |
Aug 5, 2026 13w ago | 144 | $87.73 $87.03 | ▼ −0.80% | ▼ −0.64% | $94.62 (+7.85%) |
Aug 4, 2026 13w ago | 144 | $91.60 $87.73 | ▼ −4.22% | ▼ −4.03% | $94.62 (+3.30%) |
US Market Status
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