ERGEN CHARLES W bought SATS
December 22, 2025 · Form 4 insider transaction
ERGEN CHARLES W bought 5,422,728 shares of EchoStar Corporation at $0.00 per share, a transaction worth N/A. The trade was recorded as j and disclosed on an SEC Form 4, filed 7 days after the transaction.
Footnotes
The holder of Class B shares may elect to convert any or all of their Class B shares into an equal number of Class A shares at any time for no additional consideration.; On December 22, 2025, certain trusts established by Mr. Ergen for the benefit of his family contributed 5,422,728 Class B shares to Telluray holdings in exchange for membership units in Telluray Holdings.; The shares are held by Telluray Holdings, LLC. Mr. Ergen and Mrs. Ergen are the managers of Telluray Holdings, LLC. Mrs. Ergen, as a manager of Telluray Holdings, LLC, has sole voting power over the Class A shares and Class B shares held by Telluray Holdings, LLC, and Mr. Ergen and Mrs. Ergen, as the managers of Telluray Holdings, LLC, share dispositive power over the Class A shares and Class B shares held by Telluray Holdings, LLC. The reporting persons disclaim beneficial ownership of the shares, except to the extent of their pecuniary interest therein.