GABELLI MARIO J 4

4 · GDL FUND · Filed Jan 13, 2026

Insider Transaction Report

Form 4

Period: 2026-01-09

GDL FUNDGDL

GABELLI MARIO J

Director10% OwnerOther

Transactions

Sale
Common Shares, Par Value $0.001
2026-01-09$8.39/sh−800$6,712→ 2,748,777 total

Holdings

Common Shares, Par Value $0.001
[F1]
(indirect: Associated Capital Group, Inc.)
1,846,636
Common Shares, Par Value $0.001
[F2]
(indirect: Gabelli & Company Investment Advisers, Inc.)
7,364
Common Shares, Par Value $0.001
[F3]
(indirect: GGCP, Inc.)
242,000
Common Shares, Par Value $0.001
[F4]
(indirect: GPJ Retirement Partners)
48,000
Common Shares, Par Value $0.001
[F5]
(indirect: GAMCO Investors, Inc.)
57,252

Footnotes (5)

[F1]The shares reported reflect the total shares owned by Associated Capital Group, Inc. (ACG). Mario J. Gabelli is the Executive Chair and controlling shareholder of ACG. Mr. Gabelli has less than a 100% interest in ACG and disclaims beneficial ownership of the shares held by it which are in excess of his indirect pecuniary interest.
[F2]The shares reported reflect the total shares owned by Gabelli & Company Investment Advisers, Inc. (GCIA), a wholly owned subsidiary of Associated Capital Group, Inc. Mr. Gabelli has less than a 100% interest in GCIA and disclaims beneficial ownership of the shares held by this entity which are in excess of his indirect pecuniary interest.
[F3]The shares reported reflect the total shares owned by GGCP, Inc. (GGCP). Mario J. Gabelli is the Chief Executive Officer, a director, and the controlling shareholder of GGCP. Mr. Gabelli has less than a 100% interest in GGCP and disclaims beneficial ownership of the shares held by it which are in excess of his indirect pecuniary interest.
[F4]The shares reported reflect the total shares owned by GPJ Retirement Partners, LLC, a limited liability company. Mr. Gabelli has less than a 100% interest in the entity and disclaims beneficial ownership of the shares held by this entity which are in excess of his indirect pecuniary interest.
[F5]The shares reported reflect the total shares owned by GAMCO Investors, Inc. (GAMCO). Mario J. Gabelli is the Chairman, Chief Executive Officer, and controlling shareholder of GAMCO. Mr. Gabelli has less than a 100% interest in GAMCO and disclaims beneficial ownership of the shares held by it which are in excess of his indirect pecuniary interest.

Signature

Douglas R. Jamieson as Attorney-in-Fact for Mario J. Gabelli|2026-01-13

Documents

1 file

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primary_doc.xmlPrimary
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