ERGEN CHARLES W 4
Accession 0001415889-25-020765
Filed
Jul 30, 8:00 PM ET
Accepted
Jul 31, 5:19 PM ET
Size
27.6 KB
Accession
0001415889-25-020765
Insider Transaction Report
- Gift
Class B Common Stock
2025-07-29−8,000,000→ 27,769 total→ Class A Common Stock (8,000,000 underlying) - Gift
Class B Common Stock
2025-07-29+8,000,000→ 8,000,000 total(indirect: I)→ Class A Common Stock (8,000,000 underlying)
- 11,367(indirect: I)
Class A Common Stock
- 1,276(indirect: I)
Class A Common Stock
- 766,443(indirect: I)
Class A Common Stock
- 1,551,355(indirect: I)
Class A Common Stock
- 35,190,866(indirect: I)
Class B Common Stock
→ Class A Common Stock (35,190,866 underlying) - 19,038,378(indirect: I)
Class B Common Stock
→ Class A Common Stock (19,038,378 underlying) - 3,306,885(indirect: I)
Class B Common Stock
→ Class A Common Stock (3,306,885 underlying) - 18,561,842(indirect: I)
Class B Common Stock
→ Class A Common Stock (18,561,842 underlying) - 25,000,000(indirect: I)
Class B Common Stock
→ Class A Common Stock (25,000,000 underlying) - 16,800,000(indirect: I)
Class B Common Stock
→ Class A Common Stock (16,800,000 underlying) - 11,272,090
Class A Common Stock
- 11,566(indirect: I)
Class A Common Stock
- 213(indirect: I)
Class A Common Stock
- 2,350,696(indirect: I)
Class A Common Stock
- Gift
Class B Common Stock
2025-07-29−8,000,000→ 27,769 total→ Class A Common Stock (8,000,000 underlying) - Gift
Class B Common Stock
2025-07-29+8,000,000→ 8,000,000 total(indirect: I)→ Class A Common Stock (8,000,000 underlying)
- 11,272,090
Class A Common Stock
- 11,566(indirect: I)
Class A Common Stock
- 35,190,866(indirect: I)
Class B Common Stock
→ Class A Common Stock (35,190,866 underlying) - 16,800,000(indirect: I)
Class B Common Stock
→ Class A Common Stock (16,800,000 underlying) - 1,276(indirect: I)
Class A Common Stock
- 2,350,696(indirect: I)
Class A Common Stock
- 19,038,378(indirect: I)
Class B Common Stock
→ Class A Common Stock (19,038,378 underlying) - 213(indirect: I)
Class A Common Stock
- 11,367(indirect: I)
Class A Common Stock
- 766,443(indirect: I)
Class A Common Stock
- 1,551,355(indirect: I)
Class A Common Stock
- 3,306,885(indirect: I)
Class B Common Stock
→ Class A Common Stock (3,306,885 underlying) - 18,561,842(indirect: I)
Class B Common Stock
→ Class A Common Stock (18,561,842 underlying) - 25,000,000(indirect: I)
Class B Common Stock
→ Class A Common Stock (25,000,000 underlying)
Footnotes (14)
- [F1]By 401(K).
- [F10]On December 22, 2023, Mr. Ergen established the Ergen Two-Year December 2023 SATS GRAT (the "2023 December GRAT") and contributed a total of 8,800,000 Class B shares and 57,000,000 DISH Class B shares to the 2023 December GRAT. In connection with the Merger (as defined in the Issuer's filings with the SEC), such DISH Class B shares converted into the right to receive 19,999,989 EchoStar Class B shares. After the Merger, the 2023 December GRAT held a total of 28,799,989 Class B shares. The 2023 December GRAT currently holds 19,038,378 Class B shares. The 2023 December GRAT is schedule to expire in accordance with its terms on December 22, 2025. Mrs. Cantey M. Ergen serves as trustee of the 2023 December GRAT.
- [F11]On May 13, 2024, Mr. Ergen established the Ergen Two-Year May 2024 SATS GRAT (the "2024 May GRAT") and contributed 6,000,000 Class B shares to the 2024 May GRAT. The 2024 May GRAT currently holds 3,306,885 Class B shares and is scheduled to expire in accordance with its terms on May 13, 2026. Mrs. Cantey M. Ergen serves as the trustee of the 2024 May GRAT.
- [F12]On July 10, 2024, Mr. Ergen established the Ergen Two-Year July 2024 SATS GRAT (the "2024 July GRAT") and contributed 26,500,000 Class B shares to the 2024 July GRAT. The 2024 July GRAT currently holds 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 the 2024 July GRAT.
- [F13]On May 13, 2025, Mr. Ergen established the Ergen Two-Year May 2025 SATS GRAT (the "2025 May GRAT") and contributed 25,000,000 Class B shares to the 2025 May GRAT. The 2025 May GRAT is scheduled to expire in accordance with its terms on May 13, 2027. Mrs. Cantey M. Ergen serves as the trustee of the 2025 May GRAT.
- [F14]On June 26, 2025, Mr. Ergen established the Ergen Two-Year June 2025 SATS GRAT (the "2025 June GRAT") and contributed 16,800,000 Class B shares to the 2025 June GRAT. 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.
- [F2]Held by Mrs. Cantey M. Ergen, Mr. Ergen's spouse.
- [F3]Held by Mrs. Ergen in a 401(k) account.
- [F4]The shares are owned beneficially by the reporting persons' child. The reporting persons disclaim beneficial ownership of the shares, except to the extent of their pecuniary interest therein.
- [F5]The shares are held by a charitable foundation. The reporting persons are officers of the charitable foundation and share voting and dispositive power for the foundation. The reporting persons disclaim beneficial ownership of the shares, except to the extent of their pecuniary interest therein.
- [F6]The shares are held by Telluray Holdings, LLC. Mr. Ergen and Mrs. Ergen are the managers of Telluray Holdings, LLC. Mrs. Ergen, as a manager of Telluray Holdings, LLC, has sole voting power over the Class A shares and Class B shares held by Telluray Holdings, LLC, and Mr. Ergen and Mrs. Ergen, as the managers of Telluray Holdings, LLC, share dispositive power over the Class A shares and Class B shares held by Telluray Holdings, LLC. The reporting persons disclaim beneficial ownership of the shares, except to the extent of their pecuniary interest therein.
- [F7]These shares are beneficially owned indirectly by Mr. Ergen through nXgen Opportunities, LLC, which controls CONX Corp. The reporting persons disclaim beneficial ownership of the shares except to the extent of their pecuniary interest therein.
- [F8]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.
- [F9]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.
Documents
Issuer
EchoStar CORP
CIK 0001415404
Related Parties
1- filerCIK 0000904548
Filing Metadata
- Form type
- 4
- Filed
- Jul 30, 8:00 PM ET
- Accepted
- Jul 31, 5:19 PM ET
- Size
- 27.6 KB