Hamid Akhavan

Hamid Akhavan (then-CEO, EchoStar Capital) sold 52,586 shares for $6,362,906 under pre-arranged 10b5-1 plan

Hamid Akhavan, who was CEO at the time, executed 2 separate sales totaling 52,586 shares for $6,362,906 at $121.00 on 2026-06-05 as part of a pre-arranged 10b5-1 trading plan adopted on 2026-03-06. The sales reduced his non-derivative holdings from 931,123 shares to 878,537 shares (-5.6%), though he retains 40,834 employee stock options. The sale occurred when the stock was trading at a 20.7% discount to its 52-week high of $147.25 and has declined 8.2% over the prior 30 days. His prior trades at SATS show strong post-sale appreciation, with 30-day returns ranging from +12.4% to +19.7% after sales, but this transaction is scheduled under a pre-arranged plan rather than discretionary. EchoStar remains unprofitable, with $-146.9M net income in its latest full fiscal year and annual revenue declining 5.2% year-over-year, providing context around company fundamentals during the sale window.

CEO Akhavan Hamid sells 71,005 shares of SATS at $107.52 for $7.6M; retains 823,293 shares amid unprofitable operations.

Akhavan Hamid, CEO of EchoStar Capital, executed a sale of 71,005 shares at $107.52 on 2026-03-06, reducing his holdings by 7.9% to 823,293 shares. The company is currently unprofitable with net income of $-12.8B against revenue of $3.6B, and annual revenue declined 5.2% year-over-year. This sale occurs with the stock trading -17.2% from its 52-week high of $131.09, following a 30-day decline of -2.8%. His prior five transactions at SATS (all on 2025-12-11) showed positive 30-day returns ranging from 10.2% to 15.3%, though 90-day outcome data is not yet measurable for those trades. This sale represents a partial reduction of an already-substantial executive position in a financially distressed company.

Former EchoStar CEO Hamid sells 285,832 shares for $30.1M via pre-arranged 10b5-1 plan on 2025-12-11

Akhavan Hamid, who was CEO of EchoStar Capital, executed 24 separate sales totaling 285,832 shares for $30,106,498.58 at a blended average price of $105.33 on 2025-12-11, reducing his holdings by 43.1% from 662,637 to 376,805 shares. This large-scale divestiture is governed by a 10b5-1 trading plan adopted on 2025-09-12, indicating the sales were scheduled in advance rather than discretionary responses to current market conditions. The multi-tranche nature of the sales—executed across varying price points from $104.09 to $108.92—is consistent with algorithmic execution typical of pre-arranged plans designed to distribute selling pressure. Investors should note the substantial reduction in insider holdings and verify whether Hamid retains material stock ownership or whether this represents near-complete position liquidation.

CEO Hamid sells 233,918 shares for $17.6M at blended $75.35; retains 376,805 shares post-sale.

Akhavan Hamid, President and CEO, executed 2 separate sales totaling 233,918 shares for $17,626,533.32, reducing his holdings by 38.3% from 610,723 to 376,805 shares. The transactions occurred at prices ($74.93 and $76.50) well above the current market price of $69.80, suggesting execution during a period of relative strength. EchoStar reported negative net income of $-306,844,000.00 in its latest quarter and annual revenue declined 7.0% year-over-year, yet the stock has appreciated 150.5% over the prior 30 days and 180.7% over 90 days, possibly reflecting market recovery or sector rotation. The CEO's substantial reduction in equity stake during strong recent price momentum, coupled with the company's ongoing unprofitability and revenue contraction, merits investor attention to understand the strategic context behind the divestiture.