ERGEN CANTEY 4

What Happened
Ergen Cantey, listed as a 10% owner of EchoStar Corp (SATS), was granted a derivative award covering 5,000 shares on 2026-04-01. The award is reported at $0.00 per share (no cash paid) and the filing’s footnote states the shares underlying the option were 100% vested on the grant date. This is an acquisition-type (award/grant) transaction, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-01; Filing date (Form 4): 2026-04-03 (timely within the usual 2‑business-day window).
• Instrument: Derivative award reported as 5,000 shares @ $0.00.
• Vesting: Footnote indicates the shares underlying the option were 100% vested on the grant date.
• Shares owned after transaction: not specified in the information provided.
• No indication of a sale or cashless exercise; this was a grant/award.

Context
This filing reports a derivative award (e.g., option or similar instrument) that was granted and fully vested immediately. For retail investors, awards and grants can reflect compensation or other internal arrangements and do not necessarily signal a purchase-based bullish endorsement. As a 10% owner, Cantey is a significant insider/holder; this type of issuance mainly affects insider holdings and dilution rather than indicating routine trading intent.