| Document Type | 8-K |
| Document Period End Date | July 6, 2026 |
| Written Communications | ¨ |
| Soliciting Material | ¨ |
| Pre-commencement Tender Offer | ¨ |
| Pre-commencement Issuer Tender Offer | ¨ |
| Entity Emerging Growth Company | ¨ |
| Entity Central Index Key | 0001533758 |
| Amendment Flag | false |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
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 (July 6, 2026)
ECHOSTAR CORPORATION
(Exact name of registrant as specified in its charter)
001-33807
(Commission File Number)
| Nevada | 26-1232727 | |
| (State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.) | |
| 9601 South Meridian Boulevard | ||
| Englewood, Colorado | 80112 | |
| (Address of principal executive offices) | (Zip code) |
(303) 723-1000
(Registrant’s telephone number, including area code)
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||
| Class A common stock, $0.001 par value | ECHO | The Nasdaq Stock Market L.L.C. |
HUGHES SATELLITE SYSTEMS CORPORATION
(Exact name of registrant as specified in its charter)
333-179121
(Commission File Number)
| Colorado | 45-0897865 | |
| (State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.) | |
| 9601 South Meridian Boulevard | ||
| Englewood, Colorado | 80112 | |
| (Address of principal executive offices) | (Zip code) |
(303) 723-1000
(Registrant’s telephone number, including area code)
Securities registered pursuant to Section 12(b) of the Act: None
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ¨
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
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.
| ECHOSTAR CORPORATION HUGHES SATELLITE SYSTEMS CORPORATION
| ||
| Date: July 7, 2026 | By: | /s/ Jeffrey H. Blum |
| Jeffrey H. Blum Acting Chief Legal Officer and Secretary | ||