Heard Capital LLC - 31 Dec 2025 SCHEDULE 13G/A Report for Telesat Corp Class B Variable Voting Shares (TSAT)

Filing Manager: Heard Capital LLC
Reporting Manager: Heard Capital LLC
Security: Telesat Corp Class B Variable Voting Shares
Symbol: TSAT
Shares outstanding: 14,663,596 shares
Disclosed Ownership: 1,227,343 shares
Ownership: 8.4%
Form type: SCHEDULE 13G/A
Filing time: 17 Feb 2026, 14:50:36 UTC
Date of event: 31 Dec 2025
Previous filing: 14 Aug 2025
SEC: View on sec.gov

Reporting Managers (2)

Name	Ownership	Shares Owned	sole voting power	shared voting power	Signature	Title	CIK
Heard Capital LLC	8.4%	1,227,343	0	1,227,343	/s/ William Heard	Chief Executive Officer and Chief Investment Officer
William Heard	8.4%	1,227,343	0	1,227,343	/s/ William Heard	Self