CLO Dean Manson sells 10,000 SATS shares at $119.50 under pre-arranged 10b5-1 plan; retains 5,058 shares plus 32,000 options
Dean Manson, Chief Legal Officer, completed a scheduled sale of 10,000 shares of EchoStar (SATS) at $119.50 on 2026-06-04 under a pre-arranged 10b5-1 trading plan adopted 2026-03-05. This is a non-discretionary, scheduled transaction; the stock has declined 8.3% over the prior 30 days and trades -20.8% below its 52-week high of $147.25. The company faces headwinds: it generated -$146.9M net income in the latest quarter, annual revenue contracted 5.2% year-over-year, and the company remains unprofitable on a full-year basis. Manson's prior trades at SATS show mixed near-term outcomes (ranging from -17.9% to +12.4% over 30 days), though his cross-ticker record averaged +36.9% over 90 days post-sale. Because this transaction is scheduled under a 10b5-1 plan rather than discretionary, it does not convey timing judgment. Manson retains 5,058 non-derivative shares and 32,000 employee stock options, preserving material equity exposure.