Ergen Two-Year July 2024 SATS GRAT - Jul 10, 2025 Form 4 Insider Report for EchoStar CORP (SATS)

Role: 10%+ Owner
Signature: /s/ Mrs. Cantey M. Ergen, Trustee of the Ergen Two-Year July 2024 SATS GRAT, by Dean A. Manson, Attorney-in-Fact
Stock symbol: SATS
Transactions as of: Jul 10, 2025
Transactions value $: $0
Form type: 4
Date filed: 7/14/2025, 04:30 PM
Previous filing: Jul 18, 2024
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Ergen Two-Year July 2024 SATS GRAT	10%+ Owner	C/O ECHOSTAR CORPORATION, 9601 S. MERIDIAN BLVD., ENGLEWOOD	/s/ Mrs. Cantey M. Ergen, Trustee of the Ergen Two-Year July 2024 SATS GRAT, by Dean A. Manson, Attorney-in-Fact	2025-07-14	0002030396

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	SATS	Class B Common Stock	Gift	$0	-7.94M	-29.96%	$0.00	18.6M	Jul 10, 2025	Class A Common Stock	7.94M		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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.

Content

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.

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.