ERGEN CHARLES W sold SATS
June 24, 2024 · Form 4 insider transaction
ERGEN CHARLES W sold 7,572,328 shares of Strive, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as gift and disclosed on an SEC Form 4, filed 2 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.; Pursuant to the terms of the Ergen Two-Year June 2023 SATS GRAT (the "2023 June GRAT"), 7,572,328 Class B shares held by the 2023 June GRAT were distributed as an annuity to Mr. Ergen on June 24, 2024. Following this distribution, the 2023 June GRAT holds 6,927,672 Class B shares and is scheduled to expire pursuant to its terms on June 23, 2025. Mrs. Cantey M. Ergen serves as the trustee of such GRAT.