Compensation award — excluded from discretionary-purchase analysis.
Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell
View the official recordSEC Form 4 — Statement of Changes in Beneficial OwnershipAll the details
Dates, kept separate
Transaction date
Dec 22, 2025
Reporting period
Not applicable
Filed with the SEC
Dec 30, 2025
10% ownerGrant / award
Context
Classification
grant award
Derivative acquisition at no reported price
Planned / mechanical clue
None found in footnotes
Only flagged when a footnote says so; never inferred
Source receipt
Record ID
0001747721-25-000004
Filed / recorded
Dec 30, 2025, 12:10 AM UTC
Added to OQRO
Oct 2, 2026, 12:27 PM UTC
Parser
form4-xml-v1
Data quality
Verified: identifiers matched exactly
Issuer
EchoStar CORP
Issuer CIK
1415404
Ticker
SATS
Reporting person
Telluray Holdings, LLC
Relationship
10% owner
Security
Class B Common Stock
Table
Derivative (Table II)
Transaction date
Dec 22, 2025
Transaction code
J
Shares / units
22,400,866
Price per share
$0.00
Acquired / disposed
Acquired (A)
Shares owned after
57,591,752
Ownership form
Direct
Amendment
No
Footnotes from the filing
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.
