| 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*
(Street)
| 2. Date of Event Requiring Statement
(Month/Day/Year) 10/30/2026 | 3. Issuer Name and Ticker or Trading Symbol
EchoStar CORP [ ECHO ] Foreign Trading Symbol | |||||||||||||
| 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
| 5. If Amendment, Date of Original Filed
(Month/Day/Year) | ||||||||||||||
6. Individual or Joint/Group Filing (Check Applicable Line)
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| 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) | ||
| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| 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. | ||
POWER OF ATTORNEY
Know all by these presents, that the undersigned hereby constitutes and appoints each of Jeffrey Blum, Robert Rehg, Daniel Conroy, Caleb Eugene and Amanda Youhas signing singly, the undersigned's true and lawful attorney-in-fact to:
(1)
execute for and on behalf of the undersigned Forms 3, 4, and 5 in accordance with Section 16(a) of the Securities Exchange Act of 1934 and the rules thereunder;
(2)
do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form 3, 4, or 5, complete and execute any amendment or amendments thereto, and timely file such form with the United States Securities and Exchange Commission and any stock exchange or similar authority; and
(3)
take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact's discretion.
The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact's substitute or substitutes shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted. The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is the company assuming, any of the undersigned's responsibilities to comply with Section 16 of the Securities Exchange Act of 1934.
This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4, and 5 with respect to the undersigned's holdings of and transactions in securities issued by DISH NETWORK Corporation, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact.
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 30th day of October 2026.
Signature: /s/ Katherine E. Flynn_________
By: Katherine E. Flynn_____