SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Flynn Katherine E

(Last)

(First)

(Middle)

9601 S. MERIDIAN BLVD.

(Street)

ENGLEWOOD

COLORADO

80112

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
10/30/2026

3. Issuer Name and Ticker or Trading Symbol
EchoStar CORP [ ECHO ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Chief People Officer

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock	11,957	D
Class A Common Stock	1,135	I	I⁽¹⁾
Class A Common Stock	2,350,696	I	I⁽²⁾
Class A Common Stock	387	I	I⁽³⁾

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Class B Common Stock	⁽⁴⁾	⁽⁴⁾	Class A Common Stock	76,457,283	⁽⁴⁾	I	I⁽²⁾
Employee Stock Option (Right to Buy)	⁽⁵⁾	10/01/2036	Class A Common Stock	11,250	$88.25	D
Employee Stock Option (Right to Buy)	⁽⁶⁾	10/01/2035	Class A Common Stock	7,500	$79.5	D
Employee Stock Option (Right to Buy)	⁽⁷⁾	04/01/2034	Class A Common Stock	1,754	$14.04	D
Employee Stock Option (Right to Buy)	⁽⁸⁾	04/01/2034	Class A Common Stock	1,355	$14.04	D
Employee Stock Option (Right to Buy)	⁽⁹⁾	04/01/2034	Class A Common Stock	3,088	$14.04	D
Employee Stock Option (Right to Buy)	⁽¹⁰⁾	04/01/2034	Class A Common Stock	10,000	$14.04	D

Explanation of Responses:

1. By trust. The reporting person disclaims beneficial ownership of the securities held by the trust, except to the extent of her pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

2. These securities are held by Telluray Holdings, LLC ("Telluray"). Through certain trusts, the reporting person has indirect, non-managing membership interests in Telluray. The reporting person disclaims beneficial ownership of the securities held by Telluray, except to the extent of her pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

3. By 401(K).

4. The holder of the shares of Class B Common Stock may elect to convert any or all of its Class B Common Stock into an equal number of Class A Common Stock at any time for no additional consideration.

5. The option vests in three equal annual installments beginning on October 1, 2027.

6. The option vests in three equal annual installments beginning on October 1, 2026.

7. The grant is subject to achievement of certain performance criteria prior to December 31, 2026 and will vest based on achievement of such criteria. The performance criteria are not tied to the market price of the Issuer's securities.

8. 40% of the shares underlying these options vested immediately upon the grant date. The remaining 60% of the shares underlying these options vested 30% per year on each of April 1, 2025 and April 1, 2026.

9. The shares underlying these options vest 25% per year on each of April 1, 2025, April 1, 2026, April 1, 2027 and April 1, 2028.

10. The shares underlying these options vest 20% per year on each of April 1, 2025, April 1, 2026, April 1, 2027, April 1, 2028 and April 1, 2029.

	Katherine E. Flynn, by Daniel W. Conroy, Attorney-in-Fact	11/09/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)