GABELLI MULTIMEDIA TRUST (GGT) director discloses sale of 9,000 shares
Rhea-AI Filing Summary
Mario J. Gabelli, a director and control person of an adviser to GABELLI MULTIMEDIA TRUST INC. (GGT), reported selling 9,000 shares of common stock at $4.2 per share on 12/11/2025.
After this sale, he reports 1,133,396 shares held indirectly through GGCP, Inc. and 1,020,654 shares held directly, plus additional indirect holdings through GAMCO Investors, Inc., Associated Capital Group, Inc., Gabelli & Company Investment Advisers, Inc., and GPJ Retirement Partners.
The disclosure notes that disgorgement related to this sale will be paid to GABELLI MULTIMEDIA TRUST INC. under Section 16, based on the sale price and his pecuniary interest, and that he disclaims beneficial ownership of shares held by the various entities beyond his indirect economic interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, Par Value $0.001 | 9,000 | $4.20 | $38K |
| holding | Common Stock, Par Value $0.001 | -- | -- | -- |
| holding | Common Stock, Par Value $0.001 | -- | -- | -- |
| holding | Common Stock, Par Value $0.001 | -- | -- | -- |
| holding | Common Stock, Par Value $0.001 | -- | -- | -- |
| holding | Common Stock, Par Value $0.001 | -- | -- | -- |
Footnotes (1)
- Disgorgement will be paid to the Issuer for this sale by the seller pursuant to Section 16 reflecting the sale price and the Reporting Persons pecuniary interest in the selling entity. The shares reported reflect the total shares owned by GGCP, Inc. (GGCP). Mario J. Gabelli is the Chief Executive Officer, a director, and the controlling shareholder of GGCP. Mr. Gabelli has less than a 100% interest in GGCP and disclaims beneficial ownership of the shares held by it which are in excess of his indirect pecuniary interest. The shares reported reflect the total shares owned by GAMCO Investors, Inc. (GAMCO). Mario J. Gabelli is the Chairman, Chief Executive Officer, and controlling shareholder of GAMCO. Mr. Gabelli has less than a 100% interest in GAMCO and disclaims beneficial ownership of the shares held by it which are in excess of his indirect pecuniary interest. The shares reported reflect the total shares owned by Associated Capital Group, Inc. (ACG). Mario J. Gabelli is the Executive Chair and controlling shareholder of ACG. Mr. Gabelli has less than a 100% interest in ACG and disclaims beneficial ownership of the shares held by it which are in excess of his indirect pecuniary interest. The shares reported reflect the total shares owned by Gabelli & Company Investment Advisers, Inc. (GCIA), a wholly owned subsidiary of Associated Capital Group, Inc. Mr. Gabelli has less than a 100% interest in GCIA and disclaims beneficial ownership of the shares held by this entity which are in excess of his indirect pecuniary interest. The shares reported reflect the total shares owned by GPJ Retirement Partners, LLC, a limited liability company. Mr. Gabelli has less than a 100% interest in the entity and disclaims beneficial ownership of the shares held by this entity which are in excess of his indirect pecuniary interest.
FAQ
What insider transaction did Mario J. Gabelli report for GGT?
Mario J. Gabelli reported the sale of 9,000 shares of GABELLI MULTIMEDIA TRUST INC. (GGT) common stock, par value $0.001 per share.
What is Mario J. Gabelli’s relationship to GABELLI MULTIMEDIA TRUST INC. (GGT)?
He is a director of GABELLI MULTIMEDIA TRUST INC. and is also identified as an other: Control Person of Adviser to the issuer.
What does the disgorgement note mean in Mario J. Gabelli’s GGT insider report?
The explanation states that disgorgement will be paid to GABELLI MULTIMEDIA TRUST INC. for this sale under Section 16, based on the sale price and Mario J. Gabelli’s pecuniary interest in the selling entity.