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EchoStar CORP 4

0000904548-26-000011

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Charles W. Ergen and Cantey M. Ergen effected large, non‑market transfers of EchoStar Class B shares on July 10, 2026, moving 2.62M shares to Mr. Ergen and 15.94M shares into Telluray Holdings, LLC upon expiration of a GRAT.

On July 10, 2026, EchoStar Corp Chairman, President and CEO Charles W. Ergen and Senior Advisor Cantey M. Ergen reported non‑market transactions involving large blocks of Class B Common Stock related to the scheduled expiration and restructuring of a grantor retained annuity trust (GRAT). Specifically, 2,622,061 Class B shares were distributed from the Ergen Two-Year July 2024 SATS GRAT to Mr. Ergen as an annuity payment (reported as an acquisition) and the remaining 15,939,781 Class B shares were contributed from that GRAT to Telluray Holdings, LLC in exchange for membership interests (reported as a change in form of beneficial ownership). These moves consolidate ownership by moving shares from the GRAT into direct and LLC-held positions, but do not reflect open‑market buying or selling; they are part of an ongoing estate and tax-planning structure that includes several other GRATs holding tens of millions of Class B shares for the Ergen family. The transactions leave the Ergens with substantial ongoing beneficial ownership across direct, spousal, 401(k), charitable foundation, child, LLC, and GRAT accounts.

Filing Facts

CIK
1415404
Ticker
ECHO
Form
4
Source Type
sec
Accession
0000904548-26-000011
Alert Tier
7
EchoStar CORP 4 | ATTN