**EchoStar insider filing reports transfer of 15.9 million Class B shares to Telluray Holdings** EchoStar Corp. reported an insider ownership change involving Telluray Holdings, LLC, an entity managed by company co-founder Charles W. Ergen and his spouse, Cantey M. Ergen. The Form 4, filed July 14, 2026, reports a transaction dated July 10, 2026 involving EchoStar Class B common stock, which is convertible into Class A common stock on a one-for-one basis at any time and for no additional consideration. The reported action was a contribution of **15,939,781 shares of EchoStar Class B common stock** by the **Ergen Two-Year July 2024 SATS GRAT** to **Telluray Holdings, LLC**. In exchange, the GRAT received membership units in Telluray Holdings. No cash purchase price was disclosed, and the filing describes the consideration as membership units rather than an open-market sale or purchase. Because EchoStar’s Class B shares may be converted into an equal number of Class A shares at the holder’s election, the transfer is relevant to beneficial ownership of the company’s Class A common stock as well as its high-vote Class B stock. The filing notes that Cantey M. Ergen, as a manager of Telluray Holdings, has sole voting power over the Class A and Class B shares held by the entity. Charles W. Ergen and Cantey M. Ergen, as managers, share dispositive power over those shares. No option exercise, vesting event, derivative security award, or transaction price was reported in the provided filing text. The excerpt also does not provide a post-transaction total ownership figure or a specific transaction code. The filing was signed on behalf of Telluray Holdings by Cantey M. Ergen, manager, through attorney-in-fact Daniel W. Conroy.
Stock detail
Echostar (ECHO) stock price, chart, and key data
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Stock detail
Echostar
ECHO · XNAS
+$14.48 (+16.18%) past day
$103.97
After hours $92.00 (-11.51%)
Key metrics
Day range
$89.26 - $96.01
Close price
$94.76
Market cap
$26.2B
P/E ratio
47.47
About the company
Echostar Corp
EchoStar Corporation is an American telecommunications company, specializing in satellite communication, wireless telecommunications, and internet services. Echostar also provides multichannel video programming and mobile services through its subsidiaries: Dish Network, Boost Mobile, Sling TV, EchoStar Mobile, and Hughes Network Systems. Originally establishing the Dish Network brand name in 1996, EchoStar later acquired Dish as a wholly owned subsidiary in 2023. EchoStar was included on the Fortune 500 list in 2024, ranking #242.
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Mean target
$145
4
Buy
/ 4
Recent calls
07/15/2026
Deutsche Bank
Bryan Kraft
Buy · Price target $137
07/07/2026
Citi
Michael Rollins
Buy · Price target $126
06/12/2026
TD Cowen
Gregory Williams
Buy · Price target $155
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