CLO Dean Manson sold 10,000 shares at $130.39 via scheduled 10b5-1 plan; retains 5,058 non-derivative shares plus 61,700 options.
Dean Manson, Chief Legal Officer, executed 2 separate sales totaling 10,000 shares for $1,303,900.00 on 2026-06-12, part of a pre-arranged 10b5-1 trading plan adopted on 2026-03-05. The transactions occurred at $130.39 per share, while the current price stands at $120.97, representing a decline of -17.8% from the 52-week high of $147.25. His non-derivative holdings fell from 15,058 to 5,058 shares, but his overall position remains significant at 61,700 shares via employee stock options (28,000 and 33,700 shares across two separate options). EchoStar faces headwinds: the company posted a net loss of $-146,885,000.00 over its most recent full fiscal year, with annual revenue declining -5.2% year-over-year and current quarterly revenue at $3,667,489,000.00. The scheduled nature of this trade removes discretionary timing considerations; investors should focus on the company's operational context—unprofitability and revenue contraction—rather than interpreting the sale as a timed market signal.