VANEKRIS ANTHONIE C 4
4 · GABELLI EQUITY TRUST INC · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
GAB Director Anthonie van Ekris Acquires 900 Shares via Rights
What Happened
Anthonie C. van Ekris, a director of Gabelli Equity Trust (GAB), reported acquiring a total of 900 common shares on April 28, 2026 through the exercise of common stock purchase rights. The purchase consisted of three entries: 500 shares at $5.50 ($2,750), 200 shares at $5.50 ($1,100), and 200 shares at $5.50 ($1,100), for a combined cost of $4,950. This was an acquisition (purchase) rather than a sale.
Key Details
- Transaction date: 2026-04-28 (filed on 2026-06-03) — filing appears late relative to the SEC’s 2-business-day Form 4 window.
- Prices and amounts: 500 shares @ $5.50 ($2,750); 200 shares @ $5.50 ($1,100); 200 shares @ $5.50 ($1,100). Total = 900 shares, $4,950.
- Transaction code: J (other acquisition/disposition); footnote F1 clarifies these resulted from exercising common stock purchase rights.
- Holdings after transaction: Not specified in the provided filing excerpt.
- Trust holdings: Footnotes F2 and F3 state the 200-share lots are held in trust accounts for van Ekris’s son and daughter, with van Ekris serving as trustee.
Context
Exercising purchase rights (as noted here) is different from an open-market buy; it often reflects participation in a rights offering or a company plan and does not necessarily signal strong bullish conviction. Because two of the lots are held in family trusts where van Ekris is trustee, those acquisitions reflect trustee-managed accounts rather than direct personal investing decisions. The late filing delays public transparency and can be noted by investors, though the transactions themselves are modest in size.
Insider Transaction Report
- Other
Common Stock, Par Value $0.001
[F1]2026-04-28$5.50/sh+500$2,750→ 5,500 total - Other
Common Stock, Par Value $0.001
[F1][F2]2026-04-28$5.50/sh+200$1,100→ 2,200 total(indirect: By Trust) - Other
Common Stock, Par Value $0.001
[F1][F3]2026-04-28$5.50/sh+200$1,100→ 2,200 total(indirect: By Trust)
Footnotes (3)
- [F1]The reporting person acquired these common stock through the exercise of common stock purchase rights.
- [F2]The shares reported are held in a trust account for the son of Mr. van Ekris. Mr. van Ekris also serves as the trustee on the account.
- [F3]The shares reported are held in a trust account for the daughter of Mr. van Ekris. Mr. van Ekris also serves as the trustee on the account.