ERGEN CHARLES W sold SATS
April 1, 2024 · Form 4 insider transaction
ERGEN CHARLES W sold 3,693,428 shares of Strive, Inc., a transaction worth N/A. The trade was recorded as gift and disclosed on an SEC Form 4, filed 2 days after the transaction.
Direction
Disposed (sell-side)
Shares
3,693,428
Price
N/A
Total value
N/A
InsiderERGEN CHARLES W
RoleOfficer, Director, 10% owner
CompanyStrive, Inc. (SATS)
SecurityClass B Common Stock
Transaction codeG: Gift
Transaction dateApril 1, 2024
Filing dateApril 3, 2024
Shares owned after0
OwnershipIndirect
10b5-1 planNo
AmendedNo
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.; Pursuant to the terms of the Ergen Two-Year March 2022 SATS GRAT (the "2022 March GRAT"), all 3,693,428 Class B shares held by the 2022 March GRAT were distributed as an annuity to Mr. Ergen on April 1, 2024, and the 2022 March GRAT expired in accordance with its terms.