ZIZZA SALVATORE J 4

What Happened

• Salvatore J. Zizza, a director of Gabelli Dividend & Income Trust (GDV), reported an open-market purchase of 500 shares on 2026-01-12. The shares were bought at $28.57 per share for a total transaction value of approximately $14,285. This was a purchase (code P), which is generally more informative to investors than routine sales.

Key Details

• Transaction date: 2026-01-12
• Price per share: $28.57
• Shares purchased: 500
• Total value: ~$14,285
• Transaction type: Open-market purchase (SEC code P)
• Shares owned after the transaction: Not specified in the filed Form 4
• Notable footnotes/plans: No 10b5-1 plan, tax withholding, or other special footnotes reported
• Filing timeliness: The Form 4 was filed on 2026-07-01 (about six months after the transaction), so the filing was late; late filings reduce the timeliness of the disclosure and can limit how useful the signal is to investors.

Context

• Purchases by directors can signal personal conviction but are not proof of future performance. This was a straightforward open-market buy by a company director, not an option exercise, gift, or award.