Telluray Holdings, LLC bought SATS
May 13, 2026 · Form 4 insider transaction
Telluray Holdings, LLC bought 2,925,750 shares of EchoStar Corporation at $0.00 per share, a transaction worth N/A. The trade was recorded as j and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
The holder of the Class B shares may elect to convert any or all of its Class B shares into an equal number of Class A shares at any time for no additional consideration.; On May 13, 2026, the Ergen Two-Year May 2024 SATS GRAT contributed 2,925,750 Class B shares to the Reporting Person in exchange for membership units in the Reporting Person.; Mr. Charles W. Ergen and his spouse, Mrs. Cantey M. Ergen, serve as managers of Telluray Holdings, LLC ("Telluray Holdings"). Mrs. Ergen, as a manager of Telluray Holdings, has sole voting power over the shares of Class A Common Stock and Class B Common Stock held by Telluray Holdings and Mr. Ergen and Mrs. Ergen, as the managers of Telluray Holdings, share dispositive power over the shares of Class A Common Stock and Class B Common Sock held by Telluray Holdings.