Former EchoStar Corporation director Stephen J. Bye filed a Form 144 notice of proposed sale of 10,652 Class A shares on November 12, 2026, through Fidelity Brokerage Services LLC on the NASDAQ exchange.

Key Highlights

  • Proposed seller: Stephen J. Bye, identified in the filing as a former director of EchoStar Corporation.
  • Shares to be sold: 10,652 Class A shares with an aggregate market value of $1,118,460.00, according to the filing.
  • Shares outstanding: The filing reports 159,629,687 Class A shares outstanding.
  • Primary acquisition: 10,000 shares were acquired on November 12, 2026, via stock option exercise from the issuer, paid in cash.
  • Additional shares: The remaining shares were acquired through ESPP purchases and restricted stock vestings spanning June 30, 2020, through January 1, 2023.
  • No sales in past 3 months: The filing indicates "Nothing to Report" for securities sold during the prior three months.
  • Broker: Fidelity Brokerage Services LLC, 900 Salem Street, Smithfield, RI 02917, is named as the executing broker.

Stephen J. Bye's Proposed Class A Share Sale at EchoStar

EchoStar Corporation (NASDAQ:ECHO), headquartered at 9601 South Meridian Boulevard, Englewood, Colorado 80112, is the subject of a Form 144 notice filed on November 12, 2026. The notice covers a proposed sale of 10,652 Class A shares by Stephen J. Bye, identified as a former director of the company. The aggregate market value of the proposed sale is listed in the filing as $1,118,460.00.

According to the filing, the shares proposed for sale were accumulated through multiple transactions. The largest single lot consists of 10,000 shares acquired on November 12, 2026, through a stock option exercise from the issuer, with payment made in cash. The remaining 652 shares reflect a series of Employee Stock Purchase Plan (ESPP) purchases made between June 30, 2020, and December 30, 2022, as well as two restricted stock vestings on January 1, 2022 (147 shares) and January 1, 2023 (146 shares), both noted as compensation in the filing.

The filing states that no securities of EchoStar were sold by Bye during the three months prior to this notice. The notice was signed by Joshua Schmitt as a duly authorized representative of Fidelity Brokerage Services LLC, acting as attorney-in-fact for Stephen J. Bye. The filing notes that by signing, the seller represents that he "does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed."

What Was Disclosed

A Form 144 notice filed November 12, 2026, discloses EchoStar former director Stephen J. Bye's proposed sale of 10,652 Class A shares with an aggregate market value of $1,118,460.00, acquired through a stock option exercise, ESPP purchases, and restricted stock vestings.