UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
July 6, 2026 (
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) On July 6, 2026, after discussions with the Board of Directors regarding a change of strategic direction, Mr. Hamid Akhavan, Chief Executive Officer, EchoStar Capital, President and Chief Executive Officer Hughes (as defined below) and a member of EchoStar Corporation’s (“EchoStar” or the “Company”) and Hughes Satellite Systems Corporation (“Hughes”) boards of directors, notified the Company and Hughes that he will resign effective immediately from all positions with the Company and Hughes.
To ensure an orderly transition, Mr. Akhavan will be available to consult with the Company and Hughes through December 31, 2026.
(c) Mr. Charles W. Ergen will take over Mr. Akhavan’s responsibilities as Principal Executive Officer of Hughes. Information regarding Mr. Ergen’s compensation and related-party transactions are included in the Company’s filings.
(e) In connection with the events in 5.02(b) above, Mr. Akhavan’s Letter Agreement will be modified to accelerate the July 6, 2026 vesting of Mr. Akhavan’s outstanding options previously scheduled to vest on December 31, 2026.
Item 8.01 Other Events
EchoStar Capital will fold into Corporate Development run by Mr. Thomas A. Cullen, who has almost 20 years with the company as the Executive Vice President, Corporate Development.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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ECHOSTAR CORPORATION HUGHES SATELLITE SYSTEMS CORPORATION
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| Date: July 7, 2026 | By: | /s/ Jeffrey H. Blum |
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Jeffrey H. Blum Acting Chief Legal Officer and Secretary | ||