4Filed Aug 13, 8:00 PM ET
EchoStar (ECHO) Director Wade William David Sells Shares
$ECHO · EchoStar CORPResearch Summary
AI-generated summary of this SEC filing
EchoStar (ECHO) Director Wade William David Sells Shares
What Happened
Director Wade William David sold a total of 5,000 EchoStar (ECHO) shares in two open‑market transactions: 2,575 shares on 2026‑08‑12 at $92.65 each (proceeds $238,574) and 2,425 shares on 2026‑08‑13 at $91.48 each (proceeds $221,839), for combined proceeds of about $460,413. These were sales (S) reported on Form 4.
Key Details
- Transaction dates and prices: 2026‑08‑12 — 2,575 shares @ $92.65; 2026‑08‑13 — 2,425 shares @ $91.48.
- Total shares sold: 5,000; total proceeds: ~$460,413.
- Shares owned after transaction: Not specified in the information provided; consult the full Form 4 for post‑transaction holdings.
- Footnote: F1 indicates the disposition was "By Trust."
- Filing timeliness: Form 4 was filed on 2026‑08‑14; this appears to be a timely filing (within the two‑business‑day reporting window).
Context
These were outright sales by a company director (not option exercises or gifts). Sales by insiders can be routine (e.g., trust transactions, diversification, tax planning) and do not by themselves indicate a change in company outlook; for a complete view, check the full Form 4 and other recent insider activity.