Wade William David 4

What Happened

• Wade William David, a director of EchoStar Corporation (SATS), was granted a derivative award covering 5,000 shares on April 1, 2026. The reported acquisition price is $0.00, and the total reported value of the transaction is $0.
• The filing classifies the transaction as an "A" (grant/award/other acquisition) of a derivative instrument. A footnote states the shares underlying the option were 100% vested on the grant date.

Key Details

• Transaction date: 2026-04-01; Form 4 filed: 2026-04-03 (appears timely).
• Transaction type/code: Grant/Award (A) — derivative instrument.
• Shares involved: 5,000; reported acquisition price: $0.00; total reported value: $0.
• Shares owned after the transaction: Not specified in the provided excerpt of the filing.
• Notable footnote: F1 — underlying shares were fully (100%) vested upon grant.

Context

• This was an award of a derivative instrument (e.g., option or similar); because the underlying shares were fully vested at grant, the insider had immediate vesting rights per the footnote. The filing does not show any immediate sale of shares.
• Awards can be part of routine director compensation and are not the same as a market purchase or sale; they do not by themselves indicate a buy/sell decision by the insider.