ECHOSTAR CORPORATION_December 26, 2025 false 0001415404 false false false false false false false false false false false false 8-K 0001001082 2025-12-26 8-K 2025-12-26 8-K 2025-12-26 0001042642 false false false false false false 0001533758 0001415404 sats:HughesSatelliteSystemsCorporationMember 2025-12-26 2025-12-26 0001415404 sats:DishNetworkCorporationMember 2025-12-26 2025-12-26 0001415404 sats:DishDbsCorpMember 2025-12-26 2025-12-26 0001415404 2025-12-26 2025-12-26     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): December 26, 2025 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 ​ SATS ​ The Nasdaq Stock Market L.L.C. ​ DISH NETWORK CORPORATION ​ (Exact name of registrant as specified in its charter) ​ 001-39144 ​ (Commission File Number) ​ ​ ​ ​ Nevada ​ 88-0336997 (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 ​ 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 ​ ​ DISH DBS CORPORATION ​ (Exact name of registrant as specified in its charter) ​ 333-31929 ​ (Commission File Number) ​ ​ ​ ​ Colorado ​ 84-1328967 (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. ​ On December 26, 2025 (the “Effective Date”), in connection with Mr. Hamid Akhavan’s appointment as Chief Executive Officer, EchoStar Capital, Mr. Akhavan and EchoStar Corporation (the “Company”) entered into a new letter agreement (the “Letter Agreement”) that replaces and supersedes the previous letter agreement with Mr. Akhavan dated October 2, 2023. The Letter Agreement: (i) continues his existing base salary and bonus opportunity unchanged; (ii) provides that vesting of the final tranche of Mr. Akhavan’s December 31, 2023 option award would accelerate in the event of a Qualifying Termination; and (iii) provides that any future equity awards on or after the Effective Date are at the discretion of the Chairman and the Executive Compensation Committee. The Letter Agreement expires by its terms on December 31, 2026. ​ The foregoing description of the Letter Agreement does not purport to be complete and is qualified in its entirety by reference to the Letter Agreement, which is filed as an exhibit to this Current Report on Form 8-K.   ​ ​ ​ ​ ​ ​ Item 9.01. Financial Statements and Exhibits. Exhibit No. Description Exhibit 10.1 Letter Agreement, dated December 26, 2025, by and between EchoStar and Hamid Akhavan. Exhibit 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). ​ ​ ​ ​ ​ ​ ​ 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 DISH NETWORK CORPORATION HUGHES SATELLITE SYSTEMS CORPORATION DISH DBS CORPORATION   Date: December 29, 2025 By:   /s/ Dean A. Manson     Dean A. Manson Chief Legal Officer and Secretary     ​     ​     ​     ​ ​ ​ ​ ​ ​