Ball John Chester 4

What Happened
John Chester Ball, President & Treasurer of Gabelli Equity Trust (GAB), acquired 17 shares of GAB common stock on 2026-04-28 at $5.00 per share, for a total cost of $85. The filing reports this as an “other acquisition” (code J), i.e., not an open-market purchase.

Key Details

• Transaction date and price: 2026-04-28 — 17 shares at $5.00 each.
• Total value: $85.
• Shares owned after transaction: Not disclosed in this Form 4.
• Footnote: The shares were received through a primary and oversubscription allocation tied to the exercise of common stock purchase rights (per footnote F1).
• Filing timeliness: Form 4 filed 2026-04-29 for a 2026-04-28 transaction (timely within reporting window).

Context
The acquisition resulted from a rights-based allocation related to the exercise of purchase rights, rather than an open-market buy. The dollar amount is immaterial ($85), so this small purchase is unlikely to meaningfully signal management sentiment.