GABELLI MARIO J 4

What Happened
Mario J. Gabelli, a director of Gabelli Dividend & Income Trust (GDV) and a control person of affiliated adviser entities, purchased 5,500 GDV shares in an open-market transaction on Jan 27, 2026. The shares were acquired at $28.72 per share for a total cost of approximately $157,946. This was a purchase (not a sale or option exercise).

Key Details

• Transaction date: 2026-01-27
• Transaction type/code: Open-market purchase (P)
• Price per share: $28.72; total value: ~$157,946
• Shares owned after transaction: not specified in the filing
• Filing date / timeliness: Form 4 filed Jan 28, 2026 (appears timely)
• Footnotes:
  • F1: Shares reported reflect total shares owned by GGCP, Inc.; Mr. Gabelli is CEO, director and controlling shareholder of GGCP but disclaims beneficial ownership of GGCP-held shares beyond his indirect pecuniary interest.
  • F2: Shares also reflect totals owned by Associated Capital Group, Inc. (ACG); Mr. Gabelli is Executive Chair and controlling shareholder of ACG and similarly disclaims beneficial ownership of ACG-held shares beyond his indirect pecuniary interest.

Context
This was a straight purchase of common stock (no option exercise, gift, or 10b5-1 plan reported). Purchases by insiders can be interpreted by some investors as a positive signal, but the filing itself does not state motive. Note that reported ownership is held through affiliated entities (GGCP and ACG), and Gabelli disclaims beneficial ownership of amounts exceeding his indirect pecuniary interest.