Insider Purchase by Gabelli Mario J (Control Person of Adviser, 10%)
Trade Summary
6 months ago, Gabelli Mario J, serving as Control Person of Adviser, 10% owner at Gabelli Dividend & Income Trust (GDV), purchased 5,818,500 shares at $10.00 per share, for a total transaction value of $58,185,000.00. Following this transaction, Gabelli Mario J now holds 14,230,000 shares of GDV.
This purchase represents a 69.00% increase in Gabelli Mario J's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Friday, December 26, 2025 and publicly disclosed via SEC Form 4 filing on Wednesday, December 31, 2025 at 3:40 PM ET, 5 days after the trade was made.
Gabelli Dividend & Income Trust operates in the FINANCIAL SERVICES sector, specifically within the ASSET MANAGEMENT industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.
Trade Price
$10.00
Quantity
5,818,500
Total Value
$58,185,000.00
Shares Owned
14,230,000
Trade Date
193 days ago
SEC Filing Date
at 3:40 PM ET
Filed 5 days after trade
Discussion