{"filing":{"accession_number":"0001415404-26-000038","cik":"0001415404","ticker":"SATS","company_name":"EchoStar CORP","form":"8-K","filing_date":"2026-08-03","report_date":"2026-07-28","primary_document":"sats-20260728x8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1415404/000141540426000038/sats-20260728x8k.htm"},"events":[{"id":22989,"run_id":20812,"accession_number":"0001415404-26-000038","anchor_item_number":"1.03","event_type":"bankruptcy_filing","event_domain":"terminal","is_material":true,"confidence":0.99,"summary":"Hughes Satellite Systems Corporation (HSSC), a subsidiary of EchoStar Corporation, and eleven of its wholly-owned subsidiaries filed voluntary petitions for reorganization under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the District of Texas on August 2–3, 2026, seeking to operate as debtors-in-possession and continue ordinary course operations.","company_name":"EchoStar CORP","ticker":"SATS","filing_date":"2026-08-03","form":"8-K","submitted_at":null,"items":[{"id":23109,"accession_number":"0001415404-26-000038","item_number":"1.03","item_title":null,"event_type":"bankruptcy_filing","event_domain":"terminal","is_material":true,"confidence":0.99,"reasoning":"Hughes Satellite Systems Corporation and eleven wholly-owned subsidiaries filed voluntary chapter 11 petitions on August 2, 2026, in the U.S. Bankruptcy Court for the District of Texas. The filing explicitly states the Debtors seek to reorganize under chapter 11 of the Bankruptcy Code to address maturing debt and strengthen capital structure. This is a terminal event materially threatening the registrant's continued existence and requires classification as bankruptcy_filing under Item 1.03.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-03T10:20:51.414794+00:00","company_name":"","ticker":null,"filing_date":""},{"id":23112,"accession_number":"0001415404-26-000038","item_number":"7.01","item_title":null,"event_type":"bankruptcy_filing","event_domain":"terminal","is_material":true,"confidence":0.99,"reasoning":"Hughes Satellite Systems Corporation announced the filing of voluntary Chapter 11 petitions in the Bankruptcy Court for the Southern District of Texas on August 3, 2026, covering the company and certain U.S. subsidiaries including Hughes Network Systems, LLC. This is an unmistakable bankruptcy filing disclosure, representing a terminal event materially threatening the registrant's continued existence.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-03T10:20:51.414794+00:00","company_name":"","ticker":null,"filing_date":""},{"id":23113,"accession_number":"0001415404-26-000038","item_number":"8.01","item_title":null,"event_type":"bankruptcy_filing","event_domain":"terminal","is_material":true,"confidence":0.95,"reasoning":"Hughes Satellite Systems Corporation filed voluntary Chapter 11 petitions in the Bankruptcy Court for the Southern District of Texas on August 3, 2026, as disclosed in the Item 8.01 section and supporting Exhibit 99.1. The filing explicitly states the company \"filed voluntary chapter 11 petitions\" to \"facilitate a financial and operational reorganization\" and \"address its maturing secured and unsecured debt.\" This is a terminal event materially threatening the registrant's continued existence.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-03T10:20:51.414794+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":22990,"run_id":20812,"accession_number":"0001415404-26-000038","anchor_item_number":"2.04","event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.95,"summary":"The Chapter 11 filing by Hughes Satellite Systems Corporation constitutes an event of default under the indentures governing HSSC's 5.25% Senior Secured Notes due 2026 and 6.625% Senior Notes due 2026, resulting in automatic acceleration of obligations under these debt instruments.","company_name":"EchoStar CORP","ticker":"SATS","filing_date":"2026-08-03","form":"8-K","submitted_at":null,"items":[{"id":23110,"accession_number":"0001415404-26-000038","item_number":"2.04","item_title":null,"event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Item 2.04 discloses that the Chapter 11 filing constitutes an event of default under HSSC's 5.25% Senior Secured Notes due 2026 and 6.625% Senior Notes due 2026, resulting in automatic acceleration of obligations under these Debt Instruments. This is a classic covenant breach triggering event that accelerates a direct financial obligation, though the automatic stay under the Bankruptcy Code temporarily halts enforcement. The filing itself is the triggering event of default.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-03T10:20:51.414794+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":22991,"run_id":20812,"accession_number":"0001415404-26-000038","anchor_item_number":"5.02","event_type":"exec_departure","event_domain":"governance","is_material":true,"confidence":0.85,"summary":"Paul Gaske resigned from all director and officer positions of EchoStar and HSSC effective immediately on July 28, 2026, in conjunction with his upcoming retirement, though he remains as a senior advisor during a transition period.","company_name":"EchoStar CORP","ticker":"SATS","filing_date":"2026-08-03","form":"8-K","submitted_at":null,"items":[{"id":23111,"accession_number":"0001415404-26-000038","item_number":"5.02","item_title":null,"event_type":"bankruptcy_filing","event_domain":"terminal","is_material":true,"confidence":0.95,"reasoning":"While Item 5.02(b) discloses Mr. Paul Gaske's resignation from director and officer positions effective immediately, the supplemental exhibit (EX-99.1) reveals that Hughes Satellite Systems Corporation and certain U.S. subsidiaries filed voluntary Chapter 11 petitions in the Bankruptcy Court for the Southern District of Texas on August 3, 2026. The bankruptcy filing is the material event that dominates this disclosure and represents a terminal signal for the registrant's financial condition. The executive departure, though disclosed in Item 5.02, is secondary to and likely precipitated by the bankruptcy reorganization.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-03T10:20:51.414794+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":23109,"accession_number":"0001415404-26-000038","item_number":"1.03","item_title":null,"event_type":"bankruptcy_filing","event_domain":"terminal","is_material":true,"confidence":0.99,"reasoning":"Hughes Satellite Systems Corporation and eleven wholly-owned subsidiaries filed voluntary chapter 11 petitions on August 2, 2026, in the U.S. Bankruptcy Court for the District of Texas. The filing explicitly states the Debtors seek to reorganize under chapter 11 of the Bankruptcy Code to address maturing debt and strengthen capital structure. This is a terminal event materially threatening the registrant's continued existence and requires classification as bankruptcy_filing under Item 1.03.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-03T10:20:51.414794+00:00","company_name":"EchoStar CORP","ticker":"SATS","filing_date":"2026-08-03"},{"id":23110,"accession_number":"0001415404-26-000038","item_number":"2.04","item_title":null,"event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Item 2.04 discloses that the Chapter 11 filing constitutes an event of default under HSSC's 5.25% Senior Secured Notes due 2026 and 6.625% Senior Notes due 2026, resulting in automatic acceleration of obligations under these Debt Instruments. This is a classic covenant breach triggering event that accelerates a direct financial obligation, though the automatic stay under the Bankruptcy Code temporarily halts enforcement. The filing itself is the triggering event of default.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-03T10:20:51.414794+00:00","company_name":"EchoStar CORP","ticker":"SATS","filing_date":"2026-08-03"},{"id":23111,"accession_number":"0001415404-26-000038","item_number":"5.02","item_title":null,"event_type":"bankruptcy_filing","event_domain":"terminal","is_material":true,"confidence":0.95,"reasoning":"While Item 5.02(b) discloses Mr. Paul Gaske's resignation from director and officer positions effective immediately, the supplemental exhibit (EX-99.1) reveals that Hughes Satellite Systems Corporation and certain U.S. subsidiaries filed voluntary Chapter 11 petitions in the Bankruptcy Court for the Southern District of Texas on August 3, 2026. The bankruptcy filing is the material event that dominates this disclosure and represents a terminal signal for the registrant's financial condition. The executive departure, though disclosed in Item 5.02, is secondary to and likely precipitated by the bankruptcy reorganization.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-03T10:20:51.414794+00:00","company_name":"EchoStar CORP","ticker":"SATS","filing_date":"2026-08-03"},{"id":23112,"accession_number":"0001415404-26-000038","item_number":"7.01","item_title":null,"event_type":"bankruptcy_filing","event_domain":"terminal","is_material":true,"confidence":0.99,"reasoning":"Hughes Satellite Systems Corporation announced the filing of voluntary Chapter 11 petitions in the Bankruptcy Court for the Southern District of Texas on August 3, 2026, covering the company and certain U.S. subsidiaries including Hughes Network Systems, LLC. This is an unmistakable bankruptcy filing disclosure, representing a terminal event materially threatening the registrant's continued existence.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-03T10:20:51.414794+00:00","company_name":"EchoStar CORP","ticker":"SATS","filing_date":"2026-08-03"},{"id":23113,"accession_number":"0001415404-26-000038","item_number":"8.01","item_title":null,"event_type":"bankruptcy_filing","event_domain":"terminal","is_material":true,"confidence":0.95,"reasoning":"Hughes Satellite Systems Corporation filed voluntary Chapter 11 petitions in the Bankruptcy Court for the Southern District of Texas on August 3, 2026, as disclosed in the Item 8.01 section and supporting Exhibit 99.1. The filing explicitly states the company \"filed voluntary chapter 11 petitions\" to \"facilitate a financial and operational reorganization\" and \"address its maturing secured and unsecured debt.\" This is a terminal event materially threatening the registrant's continued existence.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-03T10:20:51.414794+00:00","company_name":"EchoStar CORP","ticker":"SATS","filing_date":"2026-08-03"}]}