December 22, 2025 · Form 4 insider transaction
Telluray Holdings, LLC bought 22,400,866 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 7 days after the transaction.
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 December 22, 2025, certain trusts established by Mr. Ergen for the benefit of his family contributed 22,400,886 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.