Katherine E. Flynn, Director and Chief People Officer of EchoStar Corp, filed a Form 3 Initial Statement of Beneficial Ownership with the SEC on November 9, 2026, reporting holdings as of the event date of October 30, 2026.
Key Highlights
- Direct share ownership: Flynn directly holds 11,957 shares of Class A Common Stock.
- Indirect holdings via Telluray: Through indirect, non-managing membership interests in Telluray Holdings, LLC, Flynn is listed with indirect beneficial ownership of 2,350,696 shares of Class A Common Stock, though she disclaims beneficial ownership except to the extent of her pecuniary interest.
- Class B derivative: Telluray also holds Class B Common Stock convertible into 76,457,283 shares of Class A Common Stock at no additional consideration, indirectly attributed to Flynn with the same disclaimer.
- Stock options: Flynn holds four series of employee stock options (right to buy) covering a total of 33,447 shares of Class A Common Stock, with exercise prices of $88.25, $79.50, and $14.04, expiring between 2034 and 2036.
- Trust and 401(k) holdings: An additional 1,135 shares are held indirectly by trust and 387 shares are held through a 401(k) plan, both with applicable disclaimers on the trust holding.
- Dual role: The filing identifies Flynn as both a Director and Chief People Officer of EchoStar Corp.
Flynn's Initial Ownership Positions at EchoStar Corp
According to the Form 3 filing, Katherine E. Flynn's initial beneficial ownership statement covers both direct and indirect holdings in EchoStar Corp (NASDAQ:ECHO). Directly, Flynn holds 11,957 shares of Class A Common Stock. Indirectly, the filing reports 1,135 shares held by trust, 387 shares held through a 401(k) plan, and 2,350,696 shares attributed through Telluray Holdings, LLC, in which Flynn holds indirect, non-managing membership interests. The filing states that Flynn "disclaims beneficial ownership of the securities held by Telluray, except to the extent of her pecuniary interest therein, if any."
In Table II, the filing reports derivative securities including Class B Common Stock held indirectly through Telluray, which the filing notes is convertible into 76,457,283 shares of Class A Common Stock at any time for no additional consideration. Flynn also directly holds four series of employee stock options to purchase Class A Common Stock: 11,250 shares at $88.25 expiring October 1, 2036; 7,500 shares at $79.50 expiring October 1, 2035; and three separate tranches totaling 16,197 shares all at $14.04 with April 1, 2034 expiration dates. Each option series carries distinct vesting schedules, ranging from immediate partial vesting to annual installments through 2029, as described in the filing's explanatory footnotes.
The filing was signed on November 9, 2026, by Daniel W. Conroy as Attorney-in-Fact for Flynn. The event requiring the statement occurred on October 30, 2026. No amendment date is indicated, suggesting this is an original filing.
What Was Disclosed
EchoStar Corp Director and Chief People Officer Katherine E. Flynn filed an initial Form 3 disclosing direct, trust, 401(k), and Telluray-related Class A Common Stock holdings, plus Class B convertible stock and multiple employee stock options with exercise prices between $14.04 and $88.25.




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