{"filing":{"accession_number":"0001415404-26-000020","cik":"0001533758","ticker":null,"company_name":"Hughes Satellite Systems Corp","form":"8-K","filing_date":"2026-06-01","report_date":null,"primary_document":"sats-20260601x8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1533758/000141540426000020/sats-20260601x8k.htm"},"events":[{"id":7879,"run_id":6914,"accession_number":"0001415404-26-000020","anchor_item_number":"2.04","event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.95,"summary":"EchoStar has elected not to make approximately $183 million in cash interest payments due on June 1, 2026, on its DISH DBS Corporation subsidiary's secured and unsecured notes. The filing explicitly states this non-payment constitutes a default under the DBS Notes Indentures, with a 30-day grace period before triggering an Event of Default. This is a classic covenant breach—a triggering event that accelerates or increases a direct financial obligation under Item 2.04.","company_name":"Hughes Satellite Systems Corp","ticker":null,"filing_date":"2026-06-01","form":"8-K","submitted_at":null,"items":[{"id":3260,"accession_number":"0001415404-26-000020","item_number":"2.04","item_title":null,"event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"EchoStar has elected not to make approximately $183 million in cash interest payments due on June 1, 2026, on its DISH DBS Corporation subsidiary's secured and unsecured notes. The filing explicitly states this non-payment constitutes a default under the DBS Notes Indentures, with a 30-day grace period before triggering an Event of Default. This is a classic covenant breach—a triggering event that accelerates or increases a direct financial obligation under Item 2.04.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-02T02:47:05.812035+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":3260,"accession_number":"0001415404-26-000020","item_number":"2.04","item_title":null,"event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"EchoStar has elected not to make approximately $183 million in cash interest payments due on June 1, 2026, on its DISH DBS Corporation subsidiary's secured and unsecured notes. The filing explicitly states this non-payment constitutes a default under the DBS Notes Indentures, with a 30-day grace period before triggering an Event of Default. This is a classic covenant breach—a triggering event that accelerates or increases a direct financial obligation under Item 2.04.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-02T02:47:05.812035+00:00","company_name":"Hughes Satellite Systems Corp","ticker":null,"filing_date":"2026-06-01"}]}
