ERGEN CHARLES W sold SATS

July 10, 2025 · Form 4 insider transaction

ERGEN CHARLES W sold 7,938,158 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 4 days after the transaction.

Direction

Disposed (sell-side)

7,938,158

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 dateJuly 10, 2025

Filing dateJuly 14, 2025

Shares owned after18,561,842

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 July 2024 SATS GRAT (the "2024 July GRAT"), on July 10, 2025, the 2024 July GRAT distributed 7,938,158 Class B shares held by the 2024 July GRAT to Mr. Ergen as an annuity payment. Following this distribution, the 2024 July GRAT holds 18,561,842 Class B shares. The 2024 July GRAT is scheduled to expire in accordance with its terms on July 10, 2026. Mrs. Cantey M. Ergen serves as the trustee of the 2024 July GRAT.

View the original Form 4 on SEC EDGAR