ERGEN CHARLES W sold SATS

June 26, 2024 · Form 4 insider transaction

ERGEN CHARLES W sold 16,298,707 shares of EchoStar Corporation 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.

Direction

Disposed (sell-side)

16,298,707

Price

$0.00

Total value

N/A

InsiderERGEN CHARLES W

RoleOfficer, Director, 10% owner

CompanyEchoStar Corporation (SATS)

SecurityClass B Common Stock

Transaction codeG: Gift

Transaction dateJune 26, 2024

Filing dateJune 28, 2024

Shares owned after15,104,784

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 June 2023 DISH GRAT (the "2023 June GRAT"), 16,298,707 Class B shares held by the 2023 June GRAT were distributed as an annuity to Mr. Ergen on June 26, 2024. Following this distribution, the 2023 June GRAT holds 15,104,784 Class B shares and is scheduled to expire in accordance with its terms on June 26, 2025. Mrs. Cantey M. Ergen serves as the trustee of the 2023 June GRAT.

View the original Form 4 on SEC EDGAR