ERGEN CHARLES W sold SATS
July 29, 2025 · Form 4 insider transaction
ERGEN CHARLES W sold 8,000,000 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)
Shares
8,000,000
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 29, 2025
Filing dateJuly 31, 2025
Shares owned after27,769
OwnershipDirect
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.; On July 29, 2025, Mr. Ergen established the Ergen Two-Year July 2025 SATS GRAT (the "2025 July GRAT") and contributed 8,000,000 Class B shares to the 2025 July GRAT. The 2025 July GRAT is scheduled to expire in accordance with its terms on July 29, 2027. Mrs. Cantey M. Ergen serves as the trustee of the 2025 July GRAT.