EchoStar insider activity
What the executives and directors of EchoStar actually did with their own shares, decoded from their SEC Form 4 filings. Each figure says the stretch of time it covers.
−$57M
net open-market flow, 12 m
1 open-market buy, 12 m
67.9%
of sale value on 10b5-1 plans, 12 m
307 days since an insider bought, whole record
The tape: three years of insider trades
Open-market buy
Discretionary sale
Planned sale (10b5-1)
Reported-price path
Routine
Every marker sits at the price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the grey strip is the routine flow (grants, vestings, tax withholding and gifts) that a headline gets wrong by counting it as selling.
The 57 routine events on the chart, as a list
| Date | Insider | Shares |
|---|---|---|
| Aug 7, 2026 | BYE STEPHEN J | 8,508 |
| Jul 1, 2026 | DEFRANCO JAMES | 214 |
| Jul 1, 2026 | ERGEN CANTEY | 215 |
| Jul 1, 2026 | ORBAN PAUL W | 306 |
| Jul 1, 2026 | Dodge R Stanton | 6,214 |
| Jul 1, 2026 | Hershman Lisa W. | 12K |
| Jun 12, 2026 | Manson Dean | 10K |
| Jun 5, 2026 | Akhavan Hamid | 143K |
| Jun 4, 2026 | Manson Dean | 10K |
| May 18, 2026 | Wade William David | 5,000 |
| Mar 6, 2026 | Akhavan Hamid | 254K |
| Mar 5, 2026 | Manson Dean | 22K |
| Mar 4, 2026 | Swieringa John | 35K |
| Jan 2, 2026 | Swieringa John | 7,964 |
| Dec 31, 2025 | ERGEN CANTEY | 1,754 |
| Dec 31, 2025 | Akhavan Hamid | 263K |
| Dec 31, 2025 | Abernathy Kathleen Q | 3,242 |
| Dec 26, 2025 | ERGEN CHARLES W | 12K |
| Dec 11, 2025 | Akhavan Hamid | 286K |
| Dec 11, 2025 | Ortolf Tom A | 1,754 |
| Dec 10, 2025 | Brokaw George R | 1,754 |
| Nov 28, 2025 | ERGEN CHARLES W | 120K |
| Oct 1, 2025 | ORBAN PAUL W | 50K |
| Oct 1, 2025 | Swieringa John | 72K |
| Sep 12, 2025 | Gaske Paul | 53K |
| Sep 12, 2025 | Akhavan Hamid | 234K |
| Sep 9, 2025 | Manson Dean | 60K |
| Sep 9, 2025 | Abernathy Kathleen Q | 17K |
| Sep 9, 2025 | Swieringa John | 128K |
| Aug 29, 2025 | ORBAN PAUL W | 77K |
| Jul 9, 2025 | Manson Dean | 25K |
| Jul 1, 2025 | Dodge R Stanton | 9,810 |
| Jul 1, 2025 | Wade William David | 9,810 |
| Dec 31, 2024 | Akhavan Hamid | 377K |
| Dec 31, 2024 | Swieringa John | 28K |
| Dec 24, 2024 | ERGEN CHARLES W | 81K |
| May 13, 2024 | ERGEN CHARLES W | 18M |
| May 13, 2024 | Ergen Two-Year May 2023 DISH GRAT | 9.1M |
| Jan 1, 2024 | ERGEN CHARLES W | 555 |
| Jan 1, 2024 | DEFRANCO JAMES | 73 |
| Jan 1, 2024 | ERGEN CANTEY | 22 |
| Jan 1, 2024 | ORBAN PAUL W | 254 |
| Jan 1, 2024 | Swieringa John | 9,770 |
| Dec 31, 2023 | ERGEN CHARLES W | 12M |
| Dec 31, 2023 | DEFRANCO JAMES | 4.5M |
| Dec 31, 2023 | KELLY MICHAEL | 53K |
| Dec 31, 2023 | ERGEN CANTEY | 1,144 |
| Dec 31, 2023 | ORBAN PAUL W | 3,585 |
| Dec 31, 2023 | Akhavan Hamid | 242K |
| Dec 31, 2023 | Ortolf Tom A | 27K |
| Dec 31, 2023 | Manson Dean | 34 |
| Dec 31, 2023 | Dodge R Stanton | 27K |
| Dec 31, 2023 | Brokaw George R | 1,754 |
| Dec 31, 2023 | BYE STEPHEN J | 819 |
| Dec 31, 2023 | Swieringa John | 6,269 |
| Dec 31, 2023 | Wade William David | 134 |
| Dec 21, 2023 | ERGEN CHARLES W | 720 |
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.
The chart, in numbers
| Flow | Shares |
|---|---|
| Granted | 51K |
| Vested / exercised | 1.1M |
| Bought on market | 1,000 |
| Withheld for tax | 35K |
| Planned sales (10b5-1) | 358K |
| Discretionary sales | 177K |
| Gifts | 132K |
| Kept | 457K |
Skin in the game
Directly held shares as reported after each trade, indexed to 100 at the start of the window, up to five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.
The chart, in numbers
| Insider | Start of the window | Latest reported | Indexed, start = 100 |
|---|---|---|---|
| DEFRANCO JAMES | 107K | 1,870 | 1.7 |
Who holds what
the 14 largest holdings of 18| Insider | Role | Shares held | Buys 12 m | Sales 12 m | 12 m | Last trade |
|---|---|---|---|---|---|---|
| ERGEN CHARLES W CHAIRMAN, PRES and CEO Last trade Nov 12, 2024 | CEO | 13M | – | – | Nov 12, 2024 | |
| Telluray Holdings, LLC | 10% owner | 2.4M | – | – | – | |
| Akhavan Hamid CEO, EchoStar Capital Last trade Jun 5, 2026 | CEO | 911K | – | $44M | net selling over the year: 0 months buying, 3 months selling | Jun 5, 2026 |
| Swieringa John President, Technology and COO Last trade Mar 4, 2026 | COO | 254K | – | $7.2M | net selling over the year: 0 months buying, 2 months selling | Mar 4, 2026 |
| KELLY MICHAEL ExcVP/Grp Pres,Retail Wireless | Officer | 53K | – | – | – | |
| DEFRANCO JAMES Last trade Mar 8, 2024 | Director | 52K | – | – | Mar 8, 2024 | |
| ORBAN PAUL W EVP, Chief Financial Officer Last trade Sep 9, 2025 | CFO | 51K | – | – | Sep 9, 2025 | |
| Ortolf Tom A Last trade Dec 11, 2025 | Director | 41K | – | $183K | net selling over the year: 0 months buying, 1 month selling | Dec 11, 2025 |
| Dodge R Stanton Last trade Mar 10, 2022 | Director | 27K | – | – | Mar 10, 2022 | |
| Manson Dean EVP, Gen. Counsel & Secretary Last trade Jun 12, 2026 | Officer | 11K | – | $4.7M | net selling over the year: 0 months buying, 2 months selling | Jun 12, 2026 |
| Hershman Lisa W. | Director | 10K | – | – | – | |
| SCHROEDER C MIKE Last trade Dec 13, 2023 | Director | 5,000 | – | – | Dec 13, 2023 | |
| Brokaw George R Last trade Nov 18, 2025 | Director | 4,508 | $68K | – | net buying over the year: 1 month buying, 0 months selling | Nov 18, 2025 |
| BYE STEPHEN J Last trade Aug 7, 2026 | Director | 4,328 | – | $764K | net selling over the year: 0 months buying, 1 month selling | Aug 7, 2026 |
Open-market trade log
the 60 most recent of 259| Date | Insider | Type | Shares | Price | Value | Since trade | Filed |
|---|---|---|---|---|---|---|---|
| Aug 13, 2026 | Wade William David (Director) 2,425 shares $91.48 +0.0% since trade filed Aug 14, 2026 | Discretionary sale | 2,425 | $91.48 | $222K | +0.0% | Aug 14, 2026 |
| Aug 12, 2026 | Wade William David (Director) 2,575 shares $92.65 −1.3% since trade filed Aug 14, 2026 | Discretionary sale | 2,575 | $92.65 | $239K | −1.3% | Aug 14, 2026 |
| Aug 7, 2026 | BYE STEPHEN J (Director) 3,508 shares $89.73 +2.0% since trade filed Aug 11, 2026 | Discretionary sale | 3,508 | $89.73 | $315K | +2.0% | Aug 11, 2026 |
| Aug 7, 2026 | BYE STEPHEN J (Director) 5,000 shares $89.90 +1.8% since trade filed Aug 11, 2026 | Discretionary sale | 5,000 | $89.90 | $450K | +1.8% | Aug 11, 2026 |
| Jun 12, 2026 | Manson Dean (Officer) 4,000 shares $130.39 −29.8% since trade filed Jun 16, 2026 | Planned sale (10b5-1) | 4,000 | $130.39 | $522K | −29.8% | Jun 16, 2026 |
| Jun 12, 2026 | Manson Dean (Officer) 6,000 shares $130.39 −29.8% since trade filed Jun 16, 2026 | Planned sale (10b5-1) | 6,000 | $130.39 | $782K | −29.8% | Jun 16, 2026 |
| Jun 5, 2026 | Akhavan Hamid (CEO) 7,513 shares $121.00 −24.4% since trade filed Jun 9, 2026 | Planned sale (10b5-1) | 7,513 | $121.00 | $909K | −24.4% | Jun 9, 2026 |
| Jun 5, 2026 | Akhavan Hamid (CEO) 45K shares $121.00 −24.4% since trade filed Jun 9, 2026 | Planned sale (10b5-1) | 45K | $121.00 | $5.5M | −24.4% | Jun 9, 2026 |
| Jun 4, 2026 | Manson Dean (Officer) 10K shares $119.50 −23.5% since trade filed Jun 8, 2026 | Planned sale (10b5-1) | 10K | $119.50 | $1.2M | −23.5% | Jun 8, 2026 |
| Mar 6, 2026 | Akhavan Hamid (CEO) 71K shares $107.52 −14.9% since trade filed Mar 10, 2026 | Discretionary sale | 71K | $107.52 | $7.6M | −14.9% | Mar 10, 2026 |
| Mar 5, 2026 | Manson Dean (Officer) 7,631 shares $114.51 −20.1% since trade filed Mar 9, 2026 | Discretionary sale | 7,631 | $114.51 | $874K | −20.1% | Mar 9, 2026 |
| Mar 5, 2026 | Manson Dean (Officer) 11K shares $114.60 −20.2% since trade filed Mar 9, 2026 | Discretionary sale | 11K | $114.60 | $1.3M | −20.2% | Mar 9, 2026 |
| Mar 4, 2026 | Swieringa John (COO) 15K shares $114.04 −19.8% since trade filed Mar 6, 2026 | Discretionary sale | 15K | $114.04 | $1.7M | −19.8% | Mar 6, 2026 |
| Mar 4, 2026 | Swieringa John (COO) 35K shares $113.39 −19.3% since trade filed Mar 6, 2026 | Discretionary sale | 35K | $113.39 | $4.0M | −19.3% | Mar 6, 2026 |
| Dec 11, 2025 | Akhavan Hamid (CEO) 2,911 shares $108.78 −15.9% since trade filed Dec 15, 2025 | Planned sale (10b5-1) | 2,911 | $108.78 | $317K | −15.9% | Dec 15, 2025 |
| Dec 11, 2025 | Akhavan Hamid (CEO) 3,240 shares $105.88 −13.6% since trade filed Dec 15, 2025 | Planned sale (10b5-1) | 3,240 | $105.88 | $343K | −13.6% | Dec 15, 2025 |
| Dec 11, 2025 | Akhavan Hamid (CEO) 3,657 shares $106.72 −14.3% since trade filed Dec 15, 2025 | Planned sale (10b5-1) | 3,657 | $106.72 | $390K | −14.3% | Dec 15, 2025 |
| Dec 11, 2025 | Akhavan Hamid (CEO) 4,255 shares $108.76 −15.9% since trade filed Dec 15, 2025 | Planned sale (10b5-1) | 4,255 | $108.76 | $463K | −15.9% | Dec 15, 2025 |
| Dec 11, 2025 | Akhavan Hamid (CEO) 4,256 shares $108.76 −15.9% since trade filed Dec 15, 2025 | Planned sale (10b5-1) | 4,256 | $108.76 | $463K | −15.9% | Dec 15, 2025 |
| Dec 11, 2025 | Akhavan Hamid (CEO) 4,668 shares $106.84 −14.4% since trade filed Dec 15, 2025 | Planned sale (10b5-1) | 4,668 | $106.84 | $499K | −14.4% | Dec 15, 2025 |
| Dec 11, 2025 | Akhavan Hamid (CEO) 4,670 shares $106.84 −14.4% since trade filed Dec 15, 2025 | Planned sale (10b5-1) | 4,670 | $106.84 | $499K | −14.4% | Dec 15, 2025 |
| Dec 11, 2025 | Akhavan Hamid (CEO) 5,123 shares $108.02 −15.3% since trade filed Dec 15, 2025 | Planned sale (10b5-1) | 5,123 | $108.02 | $553K | −15.3% | Dec 15, 2025 |
| Dec 11, 2025 | Akhavan Hamid (CEO) 5,465 shares $105.95 −13.7% since trade filed Dec 15, 2025 | Planned sale (10b5-1) | 5,465 | $105.95 | $579K | −13.7% | Dec 15, 2025 |
| Dec 11, 2025 | Akhavan Hamid (CEO) 5,595 shares $105.93 −13.6% since trade filed Dec 15, 2025 | Planned sale (10b5-1) | 5,595 | $105.93 | $593K | −13.6% | Dec 15, 2025 |
| Dec 11, 2025 | Akhavan Hamid (CEO) 6,095 shares $106.77 −14.3% since trade filed Dec 15, 2025 | Planned sale (10b5-1) | 6,095 | $106.77 | $651K | −14.3% | Dec 15, 2025 |
| Dec 11, 2025 | Akhavan Hamid (CEO) 6,169 shares $105.96 −13.7% since trade filed Dec 15, 2025 | Planned sale (10b5-1) | 6,169 | $105.96 | $654K | −13.7% | Dec 15, 2025 |
| Dec 11, 2025 | Akhavan Hamid (CEO) 6,567 shares $108.92 −16.0% since trade filed Dec 15, 2025 | Planned sale (10b5-1) | 6,567 | $108.92 | $715K | −16.0% | Dec 15, 2025 |
| Dec 11, 2025 | Akhavan Hamid (CEO) 7,831 shares $108.01 −15.3% since trade filed Dec 15, 2025 | Planned sale (10b5-1) | 7,831 | $108.01 | $846K | −15.3% | Dec 15, 2025 |
| Dec 11, 2025 | Akhavan Hamid (CEO) 7,833 shares $108.01 −15.3% since trade filed Dec 15, 2025 | Planned sale (10b5-1) | 7,833 | $108.01 | $846K | −15.3% | Dec 15, 2025 |
| Dec 11, 2025 | Akhavan Hamid (CEO) 12K shares $108.18 −15.4% since trade filed Dec 15, 2025 | Planned sale (10b5-1) | 12K | $108.18 | $1.3M | −15.4% | Dec 15, 2025 |
| Dec 11, 2025 | Akhavan Hamid (CEO) 15K shares $104.65 −12.6% since trade filed Dec 15, 2025 | Planned sale (10b5-1) | 15K | $104.65 | $1.6M | −12.6% | Dec 15, 2025 |
| Dec 11, 2025 | Akhavan Hamid (CEO) 20K shares $104.10 −12.1% since trade filed Dec 15, 2025 | Planned sale (10b5-1) | 20K | $104.10 | $2.1M | −12.1% | Dec 15, 2025 |
| Dec 11, 2025 | Akhavan Hamid (CEO) 23K shares $104.66 −12.6% since trade filed Dec 15, 2025 | Planned sale (10b5-1) | 23K | $104.66 | $2.4M | −12.6% | Dec 15, 2025 |
| Dec 11, 2025 | Akhavan Hamid (CEO) 23K shares $104.67 −12.6% since trade filed Dec 15, 2025 | Planned sale (10b5-1) | 23K | $104.67 | $2.4M | −12.6% | Dec 15, 2025 |
| Dec 11, 2025 | Akhavan Hamid (CEO) 27K shares $104.61 −12.6% since trade filed Dec 15, 2025 | Planned sale (10b5-1) | 27K | $104.61 | $2.8M | −12.6% | Dec 15, 2025 |
| Dec 11, 2025 | Akhavan Hamid (CEO) 29K shares $104.09 −12.1% since trade filed Dec 15, 2025 | Planned sale (10b5-1) | 29K | $104.09 | $3.0M | −12.1% | Dec 15, 2025 |
| Dec 11, 2025 | Akhavan Hamid (CEO) 30K shares $104.10 −12.1% since trade filed Dec 15, 2025 | Planned sale (10b5-1) | 30K | $104.10 | $3.1M | −12.1% | Dec 15, 2025 |
| Dec 11, 2025 | Akhavan Hamid (CEO) 30K shares $104.10 −12.1% since trade filed Dec 15, 2025 | Planned sale (10b5-1) | 30K | $104.10 | $3.1M | −12.1% | Dec 15, 2025 |
| Dec 11, 2025 | Ortolf Tom A (Director) 1,754 shares $104.06 −12.1% since trade filed Dec 15, 2025 | Discretionary sale | 1,754 | $104.06 | $183K | −12.1% | Dec 15, 2025 |
| Nov 21, 2025 | Swieringa John (COO) 22K shares $67.34 +35.9% since trade filed Nov 25, 2025 | Discretionary sale | 22K | $67.34 | $1.5M | +35.9% | Nov 25, 2025 |
| Nov 18, 2025 | Brokaw George R (Director) 1,000 shares $68.07 +34.4% since trade filed Nov 20, 2025 | Open-market buy | 1,000 | $68.07 | $68K | +34.4% | Nov 20, 2025 |
| Sep 12, 2025 | Akhavan Hamid (CEO) 63K shares $76.50 +19.6% since trade filed Sep 16, 2025 | Discretionary sale | 63K | $76.50 | $4.8M | +19.6% | Sep 16, 2025 |
| Sep 12, 2025 | Akhavan Hamid (CEO) 171K shares $74.93 +22.1% since trade filed Sep 16, 2025 | Discretionary sale | 171K | $74.93 | $13M | +22.1% | Sep 16, 2025 |
| Sep 12, 2025 | Gaske Paul (COO) 750 shares $78.32 +16.8% since trade filed Sep 16, 2025 | Discretionary sale | 750 | $78.32 | $59K | +16.8% | Sep 16, 2025 |
| Sep 12, 2025 | Gaske Paul (COO) 1,444 shares $75.63 +21.0% since trade filed Sep 16, 2025 | Discretionary sale | 1,444 | $75.63 | $109K | +21.0% | Sep 16, 2025 |
| Sep 12, 2025 | Gaske Paul (COO) 2,964 shares $75.91 +20.5% since trade filed Sep 16, 2025 | Discretionary sale | 2,964 | $75.91 | $225K | +20.5% | Sep 16, 2025 |
| Sep 12, 2025 | Gaske Paul (COO) 5,075 shares $75.91 +20.5% since trade filed Sep 16, 2025 | Discretionary sale | 5,075 | $75.91 | $385K | +20.5% | Sep 16, 2025 |
| Sep 9, 2025 | ORBAN PAUL W (CFO) 744 shares $82.37 +11.1% since trade filed Sep 11, 2025 | Discretionary sale | 744 | $82.37 | $61K | +11.1% | Sep 11, 2025 |
| Sep 9, 2025 | Manson Dean (Officer) 60K shares $81.24 +12.6% since trade filed Sep 11, 2025 | Discretionary sale | 60K | $81.24 | $4.9M | +12.6% | Sep 11, 2025 |
| Sep 9, 2025 | Abernathy Kathleen Q (Director) 1,754 shares $82.37 +11.1% since trade filed Sep 11, 2025 | Discretionary sale | 1,754 | $82.37 | $144K | +11.1% | Sep 11, 2025 |
| Sep 9, 2025 | Abernathy Kathleen Q (Director) 5,000 shares $82.33 +11.1% since trade filed Sep 11, 2025 | Discretionary sale | 5,000 | $82.33 | $412K | +11.1% | Sep 11, 2025 |
| Sep 9, 2025 | Abernathy Kathleen Q (Director) 10K shares $82.36 +11.1% since trade filed Sep 11, 2025 | Discretionary sale | 10K | $82.36 | $824K | +11.1% | Sep 11, 2025 |
| Sep 9, 2025 | Swieringa John (COO) 12K shares $81.18 +12.7% since trade filed Sep 11, 2025 | Discretionary sale | 12K | $81.18 | $949K | +12.7% | Sep 11, 2025 |
| Sep 9, 2025 | Swieringa John (COO) 17K shares $81.18 +12.7% since trade filed Sep 11, 2025 | Discretionary sale | 17K | $81.18 | $1.4M | +12.7% | Sep 11, 2025 |
| Sep 9, 2025 | Swieringa John (COO) 27K shares $81.24 +12.6% since trade filed Sep 11, 2025 | Discretionary sale | 27K | $81.24 | $2.2M | +12.6% | Sep 11, 2025 |
| Sep 9, 2025 | Swieringa John (COO) 35K shares $81.20 +12.7% since trade filed Sep 11, 2025 | Discretionary sale | 35K | $81.20 | $2.8M | +12.7% | Sep 11, 2025 |
| Sep 9, 2025 | Swieringa John (COO) 64K shares $81.20 +12.7% since trade filed Sep 11, 2025 | Discretionary sale | 64K | $81.20 | $5.2M | +12.7% | Sep 11, 2025 |
| Sep 8, 2025 | Gaske Paul (COO) 45K shares $80.25 +14.0% since trade filed Sep 10, 2025 | Discretionary sale | 45K | $80.25 | $3.6M | +14.0% | Sep 10, 2025 |
| Aug 29, 2025 | ORBAN PAUL W (CFO) 14K shares $61.24 +49.4% since trade filed Sep 3, 2025 | Planned sale (10b5-1) | 14K | $61.24 | $829K | +49.4% | Sep 3, 2025 |
| Aug 29, 2025 | ORBAN PAUL W (CFO) 17K shares $61.26 +49.3% since trade filed Sep 3, 2025 | Planned sale (10b5-1) | 17K | $61.26 | $1.0M | +49.3% | Sep 3, 2025 |
“Since trade” compares with the latest insider-implied price, not a market quote: these pages are built from filings alone. A role here is the one on that day's Form 4, so somebody promoted since appears under both titles.
Filing hygiene
146 Forms 4, 3 years
5 filed late
1 amendments
2.4 avg. days to file
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.