GABELLI MARIO J 4
Research Summary
AI-generated summary
GABELLI DIVIDEND & INCOME TRUST (GDV) Mario J. Gabelli Buys 4,500 Shares
What Happened
- Mario J. Gabelli, a director (and control person of the adviser), reported an open-market purchase of 4,500 shares of Gabelli Dividend & Income Trust (GDV) on 2026-02-17 at $29.09 per share, for a total cost of $130,920. This was a purchase (acquisition) transaction.
Key Details
- Transaction date: 2026-02-17
- Transaction type/code: Open market purchase (P)
- Price per share: $29.09
- Total value: $130,920
- Shares owned after transaction: Not specified in this Form 4
- Filing date: 2026-02-18 (filed the day after the transaction; not indicated as late)
- Footnotes: The filing notes reported ownership includes shares held by GGCP, Inc. and Associated Capital Group, Inc. (entities Gabelli controls). Mr. Gabelli disclaims beneficial ownership of shares held by those entities beyond his indirect pecuniary interest.
Context
- Purchases by insiders can be viewed as a stronger signal than routine sales because they involve buying stock; however, filings are factual and do not state motivation. No option exercises, gifts, tax withholding, or 10b5‑1 plan were reported in this filing.