EchoStar CORP 4
0002030396-26-000003
View on SEC EDGARThe Ergen Two-Year July 2024 SATS GRAT reported a zero‑dollar, non-market transfer of 18,561,842 EchoStar CORP Class B shares (convertible into Class A) as it expired and redistributed the shares to Charles W. Ergen and Telluray Holdings, LLC.
On July 10, 2026, the Ergen Two-Year July 2024 SATS GRAT, a reporting person for EchoStar CORP, entered into a Form 4-coded “G” transaction involving 18,561,842 shares of EchoStar Class B Common Stock, which were transferred without consideration and reported as a change in indirect beneficial ownership rather than an open-market trade. According to the footnote, the GRAT (for which Mrs. Cantey M. Ergen is trustee) distributed 2,622,061 Class B shares as an annuity to Charles W. Ergen and contributed the remaining 15,939,781 Class B shares to Telluray Holdings, LLC in exchange for membership units, upon which the GRAT expired in accordance with its terms. The table reflects a disposition of 18,561,842 Class B shares at a price of $0, and a corresponding reporting line for 18,561,842 Class A Common shares with $0 value, consistent with the Class B shares being convertible into an equal number of Class A shares at any time for no additional consideration; post-transaction, the GRAT itself shows zero directly held shares. Because this is a planned GRAT expiration and intra-family/affiliated entity reallocation rather than an arm’s-length purchase or sale, it is best characterized as a non-routine ownership transfer with no direct cash proceeds or market signal on valuation.
Filing Facts
- CIK
- 1415404
- Ticker
- ECHO
- Form
- 4
- Source Type
- sec
- Accession
- 0002030396-26-000003
- Alert Tier
- 7