Ergen Two-Year July 2024 SATS GRAT 4
4 · EchoStar CORP · Filed Jul 14, 2025
Insider Transaction Report
Form 4
EchoStar CORPSATS
Ergen Two-Year July 2024 SATS GRAT
10% Owner
Transactions
- Gift
Class B Common Stock
2025-07-10−7,938,158→ 18,561,842 total→ Class A Common Stock (7,938,158 underlying)
Footnotes (2)
- [F1]The holder of 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.
- [F2]Pursuant to the terms of the Ergen Two-Year July 2024 SATS GRAT (the "2024 July GRAT"), 7,938,158 Class B shares were distributed as an annuity to Mr. Ergen on July 10, 2025. Following this distribution, the 2024 July GRAT beneficially owns 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 such GRAT.