Ergen Two-Year June 2025 SATS GRAT sold ECHO
June 26, 2026 · Form 4 insider transaction
Ergen Two-Year June 2025 SATS GRAT sold 2,316,533 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.
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.; Pursuant to the terms of the Ergen Two-Year June 2025 SATS GRAT (the "2025 June GRAT"), on June 26, 2026, the 2025 June GRAT distributed 2,316,533 Class B shares held by the 2025 June GRAT to Mr. Charles W. Ergen as an annuity payment. Following this distribution, the 2025 June GRAT holds 14,483,467 Class B shares. The 2025 June GRAT is scheduled to expire in accordance with its terms on June 26, 2027. Mrs. Cantey M. Ergen serves as the trustee of the 2025 June GRAT.