Dean Manson, Chief Legal Officer at EchoStar CORP (NASDAQ:SATS), sold 10,000 shares of the company’s Class A Common Stock on June 4, 2026, for a total value of $1,195,000. The shares were sold at a price of $119.50 per share. The stock currently trades at $116.62, reflecting an impressive 567% return over the past year, though shares have declined 8.5% in the last week. This transaction followed Mr. Manson’s acquisition of 10,000 shares of Class A Common Stock through the exercise of employee stock options on the same date. These shares were acquired at an exercise price of $14.04 per share, totaling $140,400. The options, which have an expiration date of April 1, 2034, vest 25% annually on each of April 1, 2025, April 1, 2026, April 1, 2027, and April 1, 2028. Both the option exercise and the subsequent sale were executed pursuant to a Rule 10b5-1 trading plan, which Mr. Manson adopted on March 5, 2026. Following these transactions, Mr. Manson directly holds 5,058 shares of Class A Common Stock, a figure that includes shares acquired under the Company’s Employee Stock Purchase Plan. Additionally, he indirectly holds 1,143 shares through a 401(K) plan. Mr. Manson also retains 32,000 unexercised employee stock options. According to InvestingPro analysis, EchoStar appears overvalued at current levels relative to its Fair Value estimate. For investors seeking deeper insights, InvestingPro offers a comprehensive Pro Research Report on SATS, along with 11 additional ProTips to help navigate this volatile stock. EchoStarFollowAnalyze SATSIncluded in our AI-picked strategies·Review strategies116.62▲+0.34(+0.29%)Closed·15:59:59·USD116.56▼-0.06(-0.05%)After Hours·19:43:531D1W6M1Y5YMaxCreated with Highcharts 11.4.814:0015:0016:0017:0018:0019:00108110112114116Analyze SATSIn other recent news, EchoStar Corporation has deferred approximately $183 million in interest payments related to its subsidiary DISH DBS Corporation’s outstanding notes. The payments were originally due on three series of notes, including the 5.25% secured notes due 2026, 5.75% secured notes due 2028, and 5.125% unsecured notes due 2029. This deferral constitutes a default under the terms of the notes, although EchoStar has a 30-day grace period to make the payments before it becomes an event of default. Additionally, EchoStar has completed the transfer of certain wireless spectrum rights and licenses to Spectrum Business Trust 2025-1, as part of an agreement with SpaceX. This involved transferring an aggregate of 50 MHz of spectrum in various frequency ranges, as well as up to 15 MHz of AWS spectrum, to the trust. Meanwhile, EchoStar’s stock saw a 4% increase amid a broader surge in space and satellite company stocks following SpaceX’s announcement of a public filing for a potentially record-breaking initial public offering. These developments reflect EchoStar’s ongoing strategic maneuvers in the industry. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.Is SATS a bargain right now?The fastest way to find out is with our Fair Value calculator. We use a mix of 17 proven industry valuation models for maximum accuracy. Get the bottom line for SATS plus thousands of other stocks and find your next hidden gem with massive upside.See Undervalued Stocks
Dean Manson, EchoStar CORP's (NASDAQ:SATS) Chief Legal Officer, executed a sale of 10,000 shares of Class A Common Stock on June 4, 2026. The transaction resulted in proceeds totaling $1,195,000, with each share sold at a price of $119.50. This move comes as EchoStar's stock currently trades at $116.62, marking a significant 567% return over the past year, though the stock has experienced an 8.5% decline in the last week.
The sale followed Mr. Manson's acquisition of 10,000 shares through the exercise of employee stock options on the same day. These shares were purchased at an exercise price of $14.04 per share, amounting to $140,400. The options, set to expire on April 1, 2034, vest 25% annually on April 1 of each year from 2025 to 2028. Both the option exercise and the subsequent sale were carried out under a Rule 10b5-1 trading plan adopted by Mr. Manson on March 5, 2026.
Post-transaction, Mr. Manson directly holds 5,058 shares of Class A Common Stock, including shares from the Company’s Employee Stock Purchase Plan. He also indirectly holds 1,143 shares through a 401(K) plan and retains 32,000 unexercised employee stock options. According to InvestingPro analysis, EchoStar appears overvalued at current levels relative to its Fair Value estimate. For investors seeking deeper insights, InvestingPro offers a comprehensive Pro Research Report on SATS, along with 11 additional ProTips to help navigate this volatile stock.
EchoStarFollowAnalyze SATSIncluded in our AI-picked strategies·Review strategies116.62▲+0.34(+0.29%)Closed·15:59:59·USD116.56▼-0.06(-0.05%)After Hours·19:43:531D1W6M1Y5YMaxCreated with Highcharts 11.4.814:0015:0016:0017:0018:0019:00108110112114116Analyze SATSIn other recent news, EchoStar Corporation has deferred approximately $183 million in interest payments related to its subsidiary DISH DBS Corporation’s outstanding notes. The payments were originally due on three series of notes, including the 5.25% secured notes due 2026, 5.75% secured notes due 2028, and 5.125% unsecured notes due 2029. This deferral constitutes a default under the terms of the notes, although EchoStar has a 30-day grace period to make the payments before it becomes an event of default. Additionally, EchoStar has completed the transfer of certain wireless spectrum rights and licenses to Spectrum Business Trust 2025-1, as part of an agreement with SpaceX. This involved transferring an aggregate of 50 MHz of spectrum in various frequency ranges, as well as up to 15 MHz of AWS spectrum, to the trust. Meanwhile, EchoStar’s stock saw a 4% increase amid a broader surge in space and satellite company stocks following SpaceX’s announcement of a public filing for a potentially record-breaking initial public offering. These developments reflect EchoStar’s ongoing strategic maneuvers in the industry. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.Is SATS a bargain right now?The fastest way to find out is with our Fair Value calculator. We use a mix of 17 proven industry valuation models for maximum accuracy. Get the bottom line for SATS plus thousands of other stocks and find your next hidden gem with massive upside.See Undervalued Stocks
